TORONTO, CANADA – April 21, 2015 — /BackupReview.info/ — Data Deposit Box Inc. (the “Company”) (CSE: DDB, Frankfurt: 2DD), a global leader and provider of small to medium business backup, recovery and disaster readiness cloud services, is proud to announce that it has surpassed 200,000 cloud accounts under management, up from 50,000 accounts in June 2014. The Company’s products and services are now supporting ~4 petabytes of data distributed over 50 countries, in 39 languages.

Most recent growth has been driven by the Company’s Continuous Data Protection (CDP) engine, managed for one of the world’s largest private PC\Laptop\Tablet and Server manufacturers.

Commencing June of 2014, Data Deposit Box officially began to provide cloud services for one of the world’s largest private OEM’s (original equipment manufacturer) globally. All consumer devices produced by said OEM contains a core product offering with cloud services in the OEM’s name sake (a DDB product branded as the OEM) and since that time, the Data Deposit Box CDP engine has been installed on over 200,000 devices globally.

“The Company’s expansive growth in accounts under management in such a short period of time demonstrates our product’s ability to scale without downtime or service disruption. Our products are designed to meet the needs of any MSP or OEM servicing SMB or SME customers.” said Tim Jewell, CEO & Founder, Data Deposit Box Inc.

“Our product’s ability to backup and recover a wide range of data types (Exchange, SQL, VMware, Hyper-V, and others) while simultaneously providing cloud, hybrid or local recovery points has uniquely positioned our business and service as a true SMB and SME cloud disaster readiness, backup and recovery solution provider; all of which is offered with a license free, low cost per GB pricing model. The full featured strength of our suite of products will allow DDB to aggressively grow our OEM and Enabler business channels, propelling our company’s growth moving forward.” added Troy Cheeseman, President & COO.

Since focusing on the Company’s Cloud Disaster Readiness and Backup and Recovery enablement, Data Deposit Box has grown its data under management from ~1PB to ~4PB in under 7 months.

Data Deposit Box continues to add cloud accounts daily and will continue to pursue the MSP “enabler” strategy (globally) to drive company success moving forward.

About Data Deposit Box
Data Deposit Box, a pioneer of cloud backup and disaster readiness technology, has set a new industry standard by providing small and mid-sized businesses (SMBs) with the same level of security and protection that is available to large enterprises. Data Deposit Box patented backup technology, known for its Exabyte scalability, advanced data reduction capabilities and ease-ofuse, has won prestigious industry awards and has been featured in many key industry
publications. Data Deposit Box technologies and solutions are currently used daily by over 200,000 customers, 1,000 resellers, 25 MSPs and private label partners for online backup and recovery, archiving, disaster readiness, secure file sharing and remote access.

Forward-looking Information
This news release contains certain “forward-looking information” within the meaning of applicable securities law. Forward looking information is frequently characterized by words such as “plan”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate”, “may”, “will”, “would”, “potential”, “proposed” and other similar words, or statements that certain events or conditions “may” or “will” occur. These statements are only predictions. Forward-looking information is based on the opinions and estimates of management at the date the information is provided, and is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. For a description of the risks and uncertainties facing the Company and its business and affairs, readers should refer to the Company’s Management’s Discussion and Analysis. The Company undertakes no obligation to update forward-looking information if circumstances or management’s estimates or opinions should change, unless required by law. The reader is cautioned not to place undue reliance on forward-looking information.

Shares Outstanding: 28,546,306

For further information contact:
Troy Cheeseman
President & COO
Data Deposit Box Inc.
Telephone: 647-725-0307
Email: tcheeseman@datadepositbox.com
www.datadepositbox.com

Investor Inquiries
W. Clark Kent
Corporate Development
Telephone: 647-519-2646
Email: ckent@currentmca.com

Address
Data Deposit Box, Inc.
Suite 703, 1 Eglinton Avenue East
Toronto, ON
Canada, M4P 3A1

Source: Data Deposit Box Inc.

 

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