A quick release assembly is provided to enable a user to easily attach and detach electronic equipment such as a flat panel monitor to an extension arm or other mounting device. One embodiment of the quick release assembly includes an adapter plate for connecting to the electronic equipment, a connecting plate for securing to the mounting device, and a release plate disposed between the adapter plate and the connecting plate. When fully assembled, the user can press a release mechanism on the release plate to disengage the release plate and the connecting plate from the adapter unit. After the release mechanism is pressed, the connecting plate can be slid off of the adapter plate. Unlike conventional devices, it is not necessary to remove or loosen hard to reach fasteners in order to disconnect the electronic device from the mounting device.