TORONTO, ON – June 16, 2015 — / — Data Deposit Box Inc. (CSE: DDB) (FSE: 2DD) (the “Company”), a global provider of cloud backup and recovery technology is pleased to announce the launch of an Asia Pacific-based site and partnership with Cloud Solutions Limited (“Cloud Solutions”).

The Company has expanded its global presence and launched a new site for one of the fastest growing regions globally, the Asia Pacific region. The Company has opened a new site in Singapore to answer the growing demands of existing clients in the region and to support international cloud business growth.

The Company is pleased to announce a new partnership with regional provider Cloud Solutions, Asia’s first 100% cloud-based solutions provider. Based out of Hong Kong, Cloud Solutions is the first Asian company to focus 100% on delivering cloud technology to companies implementing cloud storage and computing. Its services include consultancy, migration man-power and technical support. The Cloud Solutions management team has been delivering IT services to Asia for over 25 years.

“While we have always had clients within the Asia Pacific region, launching our services locally allows us to aggressively pursue in-region clients who want their data stored locally. We are very excited about our new site and very pleased that we have entered the region with a partner like Cloud Solutions. This is another big step in our global MSP strategy.” Tim Jewell, CEO & Founder of the Company stated.

The Company continues to add cloud accounts daily (within the region and globally) and will continue to pursue the MSP “enabler” strategy to drive company success moving forward.

About Data Deposit Box
The Company, a pioneer of cloud backup and recovery technology, has set a new industry standard by providing the SMB market 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-of-use, has won prestigious industry awards and has been featured in many key industry publications.

The Company’s 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.

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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.

Investor Inquiries
W. Clark Kent
Corporate Development
Telephone: 647-519-2646

Source: Data Deposit Box


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