TORONTO, ON – March 23, 2016 — / — Data Deposit Box Inc. (the “Company”) (CSE: DDB, OTCQB: DDBXF, Frankfurt: 2DD), a global provider of cloud backup and recovery technology, is proud to announce a key technical advancement with Continuous Data Protection and MyData product by offering industry leading remote configuration and management capabilities. The Data Deposit Box Continuous Data Protection and Smart Storage solutions can now be completely managed via the MyData client and partner portal. This new consolidated and integrated feature set offers our Partners and the SMB one central portal for configuring, managing and restoring capabilities.

“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, President of Data Deposit Box. “We are now at the stage where our partners can 100% remotely manage, configure and monitor all backups, without having to visit the client site. Our partners can now sit at their office and instantly invoke client requests re: backups and restores, without having to visit the client site or having to remotely login to the client computer or local storage; everything is managed through a browser on any device, including a mobile device like a phone or tablet,” says Cheeseman.

Data Deposit Box’s has provided the features for its Continuous Data Protection client and for all of its Smart Storage local storage devices (a 4 bay storage system that is designed to provide a local and cloud based business continuity solution at a SMB price). The next release will incorporate the company’s Agentless Protection Technology (agent and agentless backup technology for MS SQL, Exchange, VMWARE, HyperV, SharePoint and Server System State) and mobile products (for iOS and Android).

“The most important part of our strategy is to provide rapid technical enhancements to our products so that our partners can receive updated features to meet market demands. Our partners are the voice of the client and the face of DDB and they are our trusted advisors. If our partner network demands a feature not currently available in our solutions, DDB’s nimble and streamlined development cycle will be able to respond quickly and a quality solution. This is an important part of our partner ecosystem; as important as providing the best option to generate recurring revenue for our partners. We are hearing directly from our new and existing partners that our strategy to become the end to end cloud backup and recovery solution for IT partners and the SMB (globally) is exactly what the client and partner community is looking for. That message has fueled our aggressive strategy to go after our competitors with a line of products and services that will be unmatched by anyone in our industry,” says Cheeseman.

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 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 Inc.



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