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DSC Achieved a 75 Percent CAGR 2008 to 2011
Garden City, N.Y. Nov 23, 2011 –/BackupReview.info/– Data Storage Corporation (DSC) (OTCBB: DTST), a cloud storage and cloud computing company focusing on data protection and business continuity solutions, today announced that it has been invited to present at The 22nd Annual Wall Street Analyst Conference being held December 6, 2011 at The University Club at 1 West 54th Street, New York, N.Y. DSC has continued to experience significant growth over the past several years, achieving a 3-year Compounded Annual Growth Rate (CAGR) of 75 percent from June 2008 through June 2011; and a 352 percent increase in average account revenue and a 209 percent increase in the number of clients from January 2009 through October 2011.
“We look forward to the opportunity to present in front of such a distinguished group of investors,” said Chuck Piluso, chairman and CEO of DSC. “Given increased government regulations, corporate responsibility and organizations looking to reduce cost, we have a great story to tell. Our industry continues to grow as corporate officers and staff realize the need for and capabilities of our solutions. Our value is obvious! We are an essential requirement for businesses and their IT staff.”
Piluso will be giving a 40-minute presentation and Q&A session beginning at 9:50 a.m., immediately followed by an additional breakout session to provide more specific details. During this presentation, he will share why DSC has been listed as one of the 1,000 fastest growing companies in the world. During 2011 alone, DSC has expanded its executive management team with a new COO and director of sales; opened an office in New York City for its growing sales team and expanded its data centers; released new solutions, including a cloud computing offering (SafeData Cloud); formed new partnerships with companies like BlueArc; and, was named “Partner of the Year” by Asigra.
About Data Storage Corp.
Data Storage Corporation, SafeData and the Data Storage Corporation logo are trademarks Data Storage Corporation. All other trademarks or registered trademarks are properties of their respective owners.
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