TORONTO, ON – December 16, 2015 — /BackupReview.info/ — Data Deposit Box Inc. (CSE: DDB) (OTCQB: DDBXF) (FSE: 2DD) (the “Company“), a global provider of cloud backup and recovery technology, is proud to announce that the Company has been ranked by a prominent cloud backup analysis website as the #1 online backup company in the “Small-Medium sized Business (“SMB”)” category, and #2 in the “Enabler” category, globally for 2015. The Company also announces that it has made a key technical advancement with its Smart Storage product by offering Active Directory integration.
Top Rankings
The website Backupreview.info (the “Reviewer“) a prominent reviewer of online backup and storage technologies and products, published as of December 1, 2015 a list of its top ranked companies in various categories.
Under the category of “SMB”, the Company’s products were compared by the Reviewer to 24 other global SMB providers (including companies such as Zetta, Carbonite Business, ElephantDrive, IASOBackup, and Redstor) where several factors including customer experience, features, functionality, and price were considered. Based on the collective criteria, the Company has been ranked by the Reviewer as the #1 SMB solution provider globally.
Further to this accomplishment, the Company’s products and services were compared and ranked #2 against 24 other cloud backup providers globally in the “Enablers” category. According to the Reviewer “Enablers & Service Providers” are described as companies “who go direct-to-market with online backup services using software developed and owned by them or licensed from other enablers. They may own/host their vaults, but go-to-market ONLY through their wholesale resellers. If they own the software or have the distribution rights for the software, they may license the software to their MSP partners for extending the reach of the market. MSPs can only act as channels for the Enabler or use the software (without branding) for providing services to their clients.” When compared to 24 other global providers, the Company’s products and services were ranked #2 against companies such as Vembu, Intronis, Mozy, Axcient and Acronis.
“With respect to our SMB and ENABLER reviews, Data Deposit Box continually scores well; it is #1 in the SMB and #2 in the Enabler category rankings,” says Mamush Heayie, Founding Analyst at BackupReview.info.
“We are very proud of this published ranking. We have spent considerable effort over the past twelve months to shift our focus to become a Managed Service Provider, Partner and Reseller-Only business and are now beginning to see the market adjust and welcome our new model. The most important part of our strategy is to build a strong and dedicated partner network; one where the partners are supported by Data Deposit Box and in return we provide the best option to generate recurring revenue for our partners. We aim to accomplish this with a service offering full of choice and flexibility supported with a price that supports the SMB budget,” said Troy Cheeseman, the Company’s President and COO.
“For the past twelve plus months, we have focused our global business and strategy into three distinct strategic goals: (i) Build our Partner Only and Reseller-Only channel, (ii) build the Managed Service Provider enabler channel, and (iii) become the End-to-End cloud backup and recovery provider for the SMB globally. In achieving these top rankings in the SMB and Enabler categories on Backup Review, we pleased to see that our efforts are being recognized in the market”, says Tim Jewell, the Company’s CEO.
For a complete list of companies ranked by the Reviewer, please visit: http://www.backupreview.info/category/top25/.
Technical Advancement
The Company is also pleased to announce a key technical advancement with its Smart Storage product by offering Active Directory integration. The Smart Storage solution can now offer the SMB effective disaster readiness of critical data as a standalone storage product or as a SMB storage device within an Active Directory environment.
The Company’s Smart Storage local storage device is a 4-bay storage system that is designed to provide a local and cloud based business continuity solution at a SMB price. The hardware is designed with redundant “NAS quality” hard drives that will provide maximum storage capacity and system uptime. Cloud storage will be coupled with the solution to provide a low cost offsite recovery point. This will create a one-time revenue gain from the device while creating a reoccurring monthly revenue stream from the bundled cloud storage.
“We will continue to introduce new and rapidly evolving features to our Smart Storage products. Our partners and clients will see newly added features frequently as we continue to expand the functionality and flexibility of our services and products,” says Tim Jewell, the Company’s CEO.
“Providing new and enhanced features to our clients using our rapid development process has always been a working mandate between Data Deposit Box and our partners. Our new partners will enjoy our enhanced time to market approach as new features and options are provided in a quality focused and timely turnaround allowing our partners to stay on top of evolving technologies within the cloud backup and recovery industry,” say Troy Cheeseman, the Company’s President and COO.
About Data Deposit Box
Data Deposit Box, 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.
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 Statements
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 facingthe 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
Email: ckent@currentmca.com
Source: Data Deposit Box Inc.
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