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QED Connect Inc. Finalizes Agreement With Nazz Productions, Inc.
GlobeNewswire
2010-03-03


MANCHESTER, N.H., March 3, 2010 (GLOBE NEWSWIRE) -- QED Connect Inc.
("QED Connect") (Pink Sheets:QEDN), an innovative,
software-as-a-service (SaaS) provider for the information security
market, today announced that the Company has signed a Definitive
Purchase Agreement with Nazz Productions, Inc.

Under the terms of the agreement Nazz Productions will be a wholly
owned subsidiary of QED Connect, Inc. The closing is scheduled for
March 31. This is the second targeted acquisition under the Company's
new direction to become a holding company of emerging growth companies.

Nick Stagliano, President and CEO of Nazz Productions stated, "We are
looking forward to joining the QED organization and are confident that
we will be able to contribute to the overall long term plan and build a
stronger Company. Tom Makmann, CEO of QED Connect added, "QED is under
way to implement its new strategy and deliver added share holder
value."

The transaction will be in the form of a Stock Purchase whereby the
owner of Nazz Productions will receive Preferred B stock in QED
Connect, Inc. No other terms of the transaction were disclosed. The
parent Company QED's operations remain suspended, pending receipt of
needed capital. The QED-ProRemote agreement signed last month is
expected to close by mid-March.

About QED Connect, Inc.

QED Connect, Inc. is an information security Software-as-a-Service
(SaaS) provider that gives organizations visibility, management and
control of activity on all their computers, laptops and wireless
devices. The company's popular SaaS, Omni Manager, is an affordable way
to monitor and manage how employees are using company computers and the
Internet at any time, from any location in the world. This solves the
problems created by today's 'virtual' work environment of branch
offices, remote workers and traveling employees. Omni Manager is a
web-hosted software application that includes e-mail and Internet
filtering and blocking, antivirus, instant messaging management, asset
tracking, application usage monitoring and policy management. ROI is
delivered by employee productivity gains, cost savings and improved
operational efficiencies. For more information, visit
www.qedconnect.com.

About Nazz Productions, Inc.

Nazz is an independent producer and distributor of film and television
entertainment content. The Company focuses on producing artistic films
that emphasize complex storylines and character development while
curtailing overall production costs associated with feature film
cinematography. Nazz intends to establish both national and
international channels for distribution of films to both theaters and
on television and to establish an entertainment library. It is expected
that post-release distribution of the content of such a library will
generate recurring revenues by distributing film directly to retailers,
the expanding online distribution network, and television. The Company
is currently in post-production on its latest film Good Day For It,
starring Academy Award nominee Hal Holbrook, Robert Patrick, Lance
Henriksen, Robert Englund, Kathy Baker, Samantha Mathis, Mika Boorem,
Joe Flanigan, Christian Kane and Richard Brake. Past films include The
24th Day, starring Scott Speedman and James Marsden as well as The
Florentine, which was a co-production along with Francis Ford Coppola's
American Zoetrope.

About ProRemote Solutions, Inc.

ProRemote Solutions, www.proremotesolutions.com, is a manufacturer of
innovative, home based technology solutions for the Home Theatre
Industry. The company provides a value proposition of proprietary,
single source remote control solutions integrating audio & video media
servers along with remote monitoring, security and lighting systems in
a single remote control unit. ProRemote also offers stand alone home
theater products. ProRemote Solutions is headquartered in Marietta, GA.

Safe Harbor Statement

Certain statements in this press release that are not historical facts
are "forward-looking statements" within the meaning of the Private
Securities Litigation Reform Act of 1995. Such statements may be
identified by the use of words such as "anticipate," "believe,"
"expect," "future," "may," "will," "would," "should," "plan,"
"projected," "intend," and similar expressions. Such forward-looking
statements involve known and unknown risks, uncertainties and other
factors that may cause the actual results, performance or achievements
of QED Connect, Inc., (the Company) to be materially different from
those expressed or implied by such forward-looking statements. The
Company's future operating results are dependent upon many factors,
including but not limited to the Company's ability to: (i) obtain
sufficient capital or a strategic business arrangement to fund its
expansion plans; (ii) build the management and human resources and
infrastructure necessary to support the growth of its business; (iii)
competitive factors and developments beyond the Company's control; and
(iv) other risk factors.


CONTACT:  QED Connect, Inc.
          Tom Makmann
          (603) 425-8933
          info@qedconnect.com