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Quadrant 4 Systems Announces a Strategic Advisory Team to Expand IT-in-a-Box Platform
Oct 21, 2011 (07:10 PM EDT)
ROLLING MEADOWS, Ill., Oct. 21, 2011 /PRNewswire/ -- Quadrant 4 Systems Corporation (Quadrant) (OTCBB: QFOR) is pleased to announce the formation of an advisory team comprised of attorneys and professionals in the legal profession to guide it in the development of a complete IT solution for the legal profession. This solution will include IT-in-a-box features, secured cloud storage and access for both the attorney and client, secured cloud solutions to aide in the e-discovery process, remote bookkeeping and timekeeping and other services geared toward the small and medium-sized firms. Quadrant 4 Systems Corporation currently offers many of these solutions for larger companies and has begun development of solutions scaled down to meet the needs of small to medium businesses (SMB's). The solutions for law firms with 5 to 250 attorneys is the first of what the Company hopes will be specialized solutions for SMB's in specific industries.
"SMB is a very large market segment for Quadrant 4 Systems. By taking guidance from practitioners in different fields including legal and medical SMB's on their work flow, Quadrant 4 is looking to accelerate development of its Cloud based IT-in-a-box platform that integrates unique set of tool sets and technologies customized for each area of SM," Dhru Desai, Executive Chairman of the Company, stated. "As the legal profession evolves to adapt technology in the courtroom as well as collaborative drafting of documents, we believe that smaller firms can gain back an advantage that larger firms hold with dedicated IT staffing," he continued.
About Quadrant 4 Systems Corporation
Quadrant 4 Systems Corporation delivers end-to-end information technology solutions to its clients through a unique blend of consulting, software development & maintenance, cloud based products and technology from its global delivery centers. The company currently focuses on Financial Services, Health Care, Retail, Manufacturing and Telecommunication sectors with a broad spectrum of services and technology practices that include ERP, SCM, CRM, e-Commerce, m-Commerce, SFA, Microsoft, Java and Legacy platforms, BI/DW, testing, platform migration, web technologies and others. The company plans to enter the IT enabled and managed services sector and cloud based services through business acquisitions and/or combination opportunities in the near future to further execute its articulated business strategy.
This release contains forward-looking statements which are subject to the inherent uncertainties in predicting future results and conditions. Any statements that are not statements of historical fact (including statements containing the words "believes," "plans," "anticipate," "expects," "estimates," and similar expressions) should be considered to be forward-looking statements, within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Exchange Act of 1934, as each is amended, for which the Private Securities Litigation Reform Act of 1995 provides a safe harbor. Certain factors (including but not limited to those risk factors identified from time to time in our filings with the Securities and Exchange Commission as well as changes in economic conditions; outcome of negotiations; changes in the Company's access to necessary capital; outcome of litigation; volatility of capital markets; variability and timing of business opportunities; changes in accounting policies and practices; the effects of internal organizational changes; adverse state and federal regulation and legislation; and the occurrence of extraordinary or catastrophic events and terrorist acts; or other unforeseen changes in circumstances) could cause actual results and conditions to differ materially from those projected in such forward-looking statements. We do not undertake any obligation to release publicly revised or updated forward-looking information, and such information included in this release is based on information currently available and may not be reliable after this date.
SOURCE Quadrant 4 Systems Corporation