Marc Sherman, Chairman/CEO of QSGI, Inc. (Pink Sheets:QSGI), commented, "We are pleased to announce the addition of Rick Conklin to our Green Energy Masters division. Rick comes to us with over 10 years of experience in sales and operations. Additionally, Rick is a Master Craftsman with a proven track record of success in selling, manufacturing, and installing refrigeration gaskets and accessories while operating under Utility Rebate Programs in California and Arizona. Rick will be managing our New York Green Energy Masters operation and has relocated to NY. Today's high energy prices provide excellent ROI energy cost savings opportunities for our customers. We are very confident that he will continue to build and grow our presence in New York where we serviced over 1,200 customers in the past 6 months."

About QSGI 

QSGI, Inc. specializes in technology asset management, new product sales, used product remarketing, enterprise maintenance, spare parts sales, end of lifecycle management, hard drive destruction and data erasure, fee-based e-waste disposal, and green recycling.  Providing a spectrum of information technology products and services, QSGI creates a marketplace that bridges I.T. transactions between Fortune 500 corporations, original equipment manufacturers, leasing companies, privately held businesses, and even individual consumers.  QSGI's mission is to continue developing new services that add value for its customers and shareholders.

Forward-Looking Statements:

Statements in this release that are not strictly historical in nature constitute "forward-looking statements." Such statements may include, without limitation, statements with respect to the Company's plans, objectives, expectations and intentions, and other statements identified by words such as "may," "could," "would," "should," "believes," "expects," "anticipates," "estimates," "intends," "plans," or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties, and other factors that may cause the actual results of QSGI to be materially different from historical results or from any results expressed or implied by such forward-looking statements. These factors include, but are not limited to, risks and uncertainties related to the progress, timing, cost, and results of mergers, acquisitions, and operations; competition from other technology companies; and the additional risks discussed in filings with the Securities and Exchange Commission. All forward-looking statements are qualified in their entirety by this cautionary statement, and QSGI undertakes no obligation to revise or update this news release to reflect events or circumstances after the date hereof. The company names used in this statement are for identification purposes only. All trademarks and registered trademarks are the property of their respective owners.

CONTACT: David Meynarez
         CFO
         QSGI, Inc.
         561-629-5713
         David.Meynarez@QSGIInc.com