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[Correction] – Contact person on the video below is shown as “Tony Cheeseman”, but the correct name should be Troy Cheeseman

Video News Alert from InvestmentPitch

VANCOUVER, BC – April 24, 2015 — /BackupReview.info/ — Data Deposit Box (CSE: DDB) is one of the latest new listings on the Canadian Securities Exchange. Founded in 2002, Data Deposit Box offers the ideal cloud backup solution for small and medium sized businesses, enabling them to continuously protect large amounts of data in a very simple, cost effective and secure manner.

InvestmentPitch.com has produced a “video news alert”, which provides a brief overview of the company.


Video: Data Deposit Box (CSE: DDB) is now listed on the stock market

Files stored in the cloud can be accessed at any time from any place so long as you have Internet access, with off-site backups significantly reducing the costs associated with disaster recovery.

Many of us have the best intentions about backing up our information, but never seem to get around to it. The Toronto, Ontario-based company solves this problem by identifying new activities on your computer and automatically backing up that data.

The company operates in more than 50 countries, serving more than 60,000 customers through an extensive partner network of 1,000 resellers and 25 managed service providers. The company has won numerous industry awards, and has been featured in leading industry publications, including CIO Review, which selected the company as one of the 20 most promising storage providers.

The public/private cloud storage market is estimated to grow from $13.57 billion in 2014 to $56.57 billion in 2019, a compound annual growth rate of 33%.

Prior to listing on the CSE, the company raised gross proceeds of $2.9 million in private placements. The shares are trading at $0.42, and with 28.5 million shares outstanding, the company is capitalized at $12 million.

For more information, please visit the company’s website www.datadepositbox.com or contact Troy Cheeseman, President & CEO at 647-725-0307 or email tcheeseman@datadepositbox.com.

Investor inquiries should be directed to Clark Kent at 647-519-2646 or email ckent@currentmca.com.

About InvestmentPitch
InvestmentPitch.com, a multimedia company that provides a combined solution for creating and hosting financial video content, and distributing it across multiple platforms to investors and financial professionals, specializes in producing short three minute videos based on significant news releases and research reports.

CONTACT:
InvestmentPitch.com
Barry Morgan, CFO
bmorgan@investmentpitch.com
www.investmentpitch.com

Source: InvestmentPitch

 

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