Data Storage Corporation Adds New Data Center in Chicago, Illinois
24 Junio 2024 - 8:00AM
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
deployed technical assets to its 7th Data Center—located in
Chicago, Illinois. The strategic location of this new data center
allows the Company to address the growing demand for its products
and services within the region, as well as expand its geographic
footprint in the United States.
Chuck Paolillo, Chief Technology Officer of
CloudFirst commented, “To meet the growing demand of our customers,
and anticipated new customers, we have established our seventh data
center in Chicago. As with all of our data facilities, this new
data center meets the highest standards for disaster recovery,
cloud infrastructure reliability, and cyber security, with the
highest level of performance. We expect this new location will
allow us to further penetrate the Midwest region and illustrates
our geographic diversity in the United States.”
Chuck Piluso, CEO of Data Storage Corporation,
stated, “This facility enables us to provide greater geographic
coverage and more reliable services, as well as better support for
our current and future cloud infrastructure customers, allowing for
more flexible deployment of our services. We continually strive to
meet or exceed our customer expectations and we believe that this
move demonstrates our commitment to excellence.”
About Data Storage
CorporationData Storage Corporation (Nasdaq: DTST) is a
family of fully integrated cloud-hosting, disaster-recovery, cyber
security, IT automation, and voice & data companies, built
around technical asset investments in multiple regions, providing
services to a broad range of domestic and global customers,
including Fortune 500 clients, across a wide range of industries,
such as government, education, and healthcare, with a focus on the
rapidly growing, multi-billion-dollar business continuity market. A
stable and emerging growth leader in cloud infrastructure support,
DTST companies operate in regional data center facilities across
North America, sustainably servicing clients via recurring
subscription agreements. Additional information about the Company
is available at: www.dtst.com and 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
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