Data Deposit Box Announces Distribution Partnership and Initial Smart Storage Order

TORONTO, ON / ACCESSWIRE / July 27, 2016 / Data Deposit Box Inc. (the “Company”) (CSE: DDB, OTC: DDBXF, Frankfurt: 2DD), a global provider of cloud backup and recovery technology, is pleased to announce a new partnership and initial Smart Storage order from UK based distributor Brigantia. The Company also received its 5th channel award of the year, capturing the Best New Creativity and Innovative show award at the ASCII SUMMIT event in Miami in June.

Over the past twenty years Brigantia has evolved into the largest subscription partner services community in the UK with hundreds of technology channel partners. As Data Deposit Box’s UK smart storage device channel distributor Brigantia will roll out the devices nationally over the next twelve months through their 700 reseller and MSP partners. Brigantia will offer the solution on three-year finance lease terms through their partners to the tens of thousands of micro and small business customers they service nationally. The agreement commenced with an initial order and a further order commitment.

As a new product to the market, DDB released several Smart Storage products to existing and new partners as evaluation systems which has resulted in the new distribution partnership and initial order from the UK based distributor.

“We are very excited about this launch and orders with Brigantia; something we will be replicating over the coming months,” said Troy Cheeseman, President of Data Deposit Box. “It is clear that our partners are very enthusiastic to see our product come to market. We are offering the industry’s first “all in one” data continuity system, a complete solution in a box, where bare-metal recovery technology, file technology and direct to API technology functions within one simple system, via one intuitive partner portal. Our partners can take full advantage of a complete suite of products, services and features without having to worry about deploying agents or additional expenses,” offers Cheeseman.

“…we see the DDB Smart Storage devices as an excellent way of providing a cost effect backup solution to our partner’s business customers. The functionality offered by DDB and the pricing we can offer for the devices on easy leasing terms removes the final reservations for business end users to move away from tapes and other media storage solutions as well as removing the capital cost objection. With the DDB BMR service going live in July we know we are on to a winner with DDB,” Wrote Iain Shaw, Brigantia Commercial Director.

In addition to the Company’s new relationship and smart storage bulk order, Data Deposit Box is proud to have received its 5th channel award of the year, winning the Best Creativity and Innovation award at the Miami ASCII Summit in June 2016. Over 170 registered partners attended the show and evaluated over 32 cloud industry vendor solutions (including Data Deposit Box cloud backup and recovery competitors Datto, Carbonite, and StorageCraft) and the Managed Services Partners at the show awarded the DDB suite of services the best innovative industry solution.

“Data Deposit Box has focused our new service offering based on one (1) simple principle; offer a complete data continuity solution that is designed and priced for the Small to Medium Business, globally,” say Cheeseman. “This award is an industry and partner acknowledgment that our product, with features and price is at the right target for our partners. We thank every partner at the Miami show for this award.”

Data Deposit Box plans to attend the remaining four (4) ASCII Summit, two (2) SMB Channel Forum and ChannelNext events throughout the US and Canada over the remaining year.

The Company also reports that effective June 28, 2016, the Company’s Chief Technical Officer Rob Puzzuoli, ceased to be employed by the Company.

“We’d like to thank Mr. Puzzuoli for his hard work and service to the Company, and we wish him the best in his future endeavors,” said Troy Cheeseman, President and COO.

About Brigantia

Formed in 1996, as a sales aid business IT leasing brokerage, over the past twenty years Brigantia has evolved into the largest subscription partner services community in the UK with hundreds of technology channel partners. Brigantia exists to add value to its partners’ businesses either by reducing costs or by increasing sales. Beyond increasing profits, Brigantia aims to add capital value to its partners’ businesses.

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 1,000 resellers, 25 MSPs and private label partners for online backup and recovery, archiving, disaster readiness, secure file sharing and remote access.

Investor Inquiries

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

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.

SOURCE: Data Deposit Box Inc.

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