Data Storage Corporation Expands Services with One of the Nation’s Largest Suppliers of Promotional Products
2024年7月15日 - 10:00PM
Data Storage Corporation (Nasdaq: DTST) (“DSC” and the “Company”),
a provider of diverse business continuity solutions for
disaster-recovery, cloud infrastructure, cyber-security, and IT
automation, today announced that its subsidiary, CloudFirst, has
expanded its contract with one of the nation’s largest suppliers of
promotional products. The new seven-figure contract reflects
CloudFirst’s continued success and growing market presence.
In 2023, CloudFirst was selected to implement a
comprehensive disaster recovery solution for the client, ensuring
rapid recovery and enhanced security in a cloud-based environment.
This solution included an optimized network for high-speed, secure
switching during disasters or interruptions. Following the
successful implementation, the client chose CloudFirst to migrate
their critical production systems to the Company’s state-of-the-art
data center in Chicago. This integration offers the client a fully
monitored and managed private cloud infrastructure solution.
Hal Schwartz, President of CloudFirst, stated,
“Securing another significant contract with our client demonstrates
our ability to deliver and support solutions that meet and exceed
client expectations. This contract also highlights the value of our
geographically diverse data centers for our clients. We look
forward to strengthening our relationship and continuing to provide
exceptional value to all our clients.”
About Data Storage
CorporationData Storage Corporation (Nasdaq: DTST) is a
leading provider of fully managed cloud hosting, disaster recovery,
cybersecurity, IT automation, and voice & data solutions. With
strategic technical investments in multiple regions, DTST serves a
diverse clientele, including Fortune 500 companies, in sectors such
as government, education, and healthcare. Focused on the
fast-growing, multi-billion-dollar business continuity market, DTST
is recognized as a stable and emerging growth leader in cloud
infrastructure, support and the migration of data to the cloud. Our
regional data centers across North America enable us to deliver
sustainable services through recurring subscription agreements.
For more information, please visit www.dtst.com or
follow us on Twitter @DataStorageCorp.
Safe Harbor ProvisionThis press
release contains “forward-looking statements” within the meaning of
the Private Securities Litigation Reform Act of 1995, as amended,
that are intended to be covered by the safe harbor created thereby.
Forward-looking statements are subject to risks and uncertainties
that could cause actual results, performance or achievements to
differ materially from any future results, performance or
achievements expressed or implied by such forward-looking
statements. Statements preceded by, followed by or that otherwise
include the words “believes,” “expects,” “anticipates,” “intends,”
“projects,” “estimates,” “plans” and similar expressions or future
or conditional verbs such as “will,” “should,” “would,” “may” and
“could” are generally forward-looking in nature and not historical
facts, although not all forward-looking statements include the
foregoing. The forward looking statements in this press release
include statements such as continuing to grow revenue and increase
profitability as the Company executes on its strategic initiatives,
the consolidation of the CloudFirst and Flagship subsidiaries
positioning the Company to optimize operations, leverage its
technical teams, realize greater efficiencies, and improve internal
resource allocation, while capitalizing on extensive cross-selling
and upselling opportunities among its customer networks, the two
meaningful announced contracts being just the first of many such
announcements that will come from the efforts of the combined
organizations, having developed a robust business strategy that we
will drive growth and secure sustainable profitability while
maximizing long term value for shareholders and providing
meaningful updates to shareholders as developments unfold. Although
the Company believes that the expectations reflected in such
forward-looking statements are reasonable, it can provide no
assurance that such expectations will prove to have been correct.
These forward-looking statements are based on management’s
expectations and assumptions as of the date of this press release
and are subject to a number of risks and uncertainties, many of
which are difficult to predict that could cause actual results to
differ materially from current expectations and assumptions from
those set forth or implied by any forward-looking statements.
Important factors that could cause actual results to differ
materially from current expectations include the Company’s ability
to execute and advance its growth strategies. These risks should
not be construed as exhaustive and should be read together with the
other cautionary statements included in the Company’s Annual Report
on Form 10-K, subsequent Quarterly Reports on Form 10-Q and Current
Reports on Form 8-K filed with the Securities and Exchange
Commission. Any forward-looking statement speaks only as of the
date on which it was initially made. Except as required by law, the
Company assumes no obligation to update or revise any
forward-looking statements, whether as a result of new information,
future events, changed circumstances or otherwise.
Contact:Crescendo Communications,
LLC212-671-1020DTST@crescendo-ir.com
Data Storage (NASDAQ:DTST)
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