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MANCHESTER, NH, Dec 10, 2009 (MARKETWIRE via COMTEX) -- QED Connect Inc. ("QED Connect") (PINKSHEETS: QEDN), an innovative, software-as-a-service (SaaS) provider for the information security market, today announced that its merger partner, Southeastern Retail Services, Inc., d/b/a "ProRemote Solutions" will be developing a new lower cost version of its media server that is targeted at a lower entry level price point.
The server will maintain the functionality of ProRemote's higher end system in providing independent audio streams to multiple zones but is expected to be more accessible to a larger segment of media consumers. The Company hopes to initially market the server through one or more warehouse retailers as a private label.
Additionally, ProRemote, which currently offers a 7-inch single source remote control module, plans to expand its remote control product offerings to include a 10-inch and 12-inch Tablet PC, during the first half of 2010.
Michael A. Gregorakos, president of ProRemote Solutions, said, "We expect that these planned product additions will expand ProRemote's overall market opportunity as it provides a broader product suite."
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