Sonasoft Got Support From QED Connect

QED Connect, Inc., a New York corporation, has signed a Letter of Intent to provide for marketing, business development and financial support with Sonasoft Corp., a San Jose California-based company.

Sonasoft offers an emailing archive solution for small to medium enterprise’s business (SMB) that offers full protection of mission critical data at all times. Sonasoft provides separate business continuity applications that can become an integrated solution including Backup, Disaster Recovery, Replication, and Archiving all while being server agnostic. Sonasoft’s products target the growing concern that email communication is the primary business communication vehicle today. Their products offer an email archiving solution to address the growing importance of protection, compliance, litigation and eDiscovery.

"We are proud of our success to date,  such as with the Napa County Office of Education where the Sonasoft archiving solution is used to record all incoming and outgoing emails providing easy retrieval for eDiscovery purposes, ultimately limiting liability," said Andy Khanna, President and CEO of Sonasoft. "We welcome the opportunity to partner with QED as we look forward to the next milestone of growth, fuelled by expansion into new markets."

"This Letter of Intent with Sonasoft is in alignment with QED’s strategy to develop strategic relationships with companies that have strong potential in diverse markets where QED can assist in achieving their plans and realizing their maximum growth opportunity," commented Tom Makmann, CEO of QED Connect. "Sonasoft has been successful in developing a strong presence in the SMB market and is generating revenues.  The proposed arrangement, in our estimation, will assist them to achieve their long term goals."

Mr. Makmann, added: "The Company is continuing to move forward on its strategy and is excited about our recent progress. We are expecting to realize improved operating results over the next few quarters as our partner’s ramp up their respective businesses. We also expect to be completing the Nazz acquisition this quarter."

While there can be no assurances that a definitive agreement will be reached, the companies expect to finalize a definitive agreement by the end of this quarter, subject to the approval of the respective Boards of Directors. Specific terms of the proposed transaction were not released at this time.