SOURCE: Data Storage Corp.

Data Storage Corp.

August 31, 2011 17:23 ET

Data Storage Corporation Opens Wall Street Office

Data Backup and Recovery Company Experiences Significant Growth

GARDEN CITY, NY--(Marketwire - Aug 31, 2011) - Data Storage Corporation (DSC), a provider of data protection and business continuity solutions, today announced that it has opened a new office at 55 Broad Street in the Wall Street area of New York City. DSC has experienced significant growth over the past year, increasing sales by 330 percent year over year, which is a direct result of the increased demand in the market for data protection, data recovery and cloud computing services.

"The new office is an ideal location for our sales team as banks and financial institutions are one of the industry verticals most in need of our services," says Chuck Piluso, Chairman and CEO of Data Storage Corporation. "Being in the heart of the financial district, we have the ability to support our clients with our 100 percent compliant SAS 70 Type 2 data centers in both New York and Massachusetts."

Piluso added, "In addition to the increased demand for organizations to protect their data and systems, our success has been a result of adding new services to our portfolio, expanding our team, establishing new partnerships with key manufacturers, increased customer interaction and satisfaction, and continued expansion of the distribution channel. We are excited about the increased activity and the opportunities for continued growth."

DSC's objectives for the coming year are to expand its partner program to more than 200 partners, growing its sales force, and developing its strategic relationships; as well as seeking synergistic acquisitions in the United States and Canada. The company's strategic relationships are being led by its two executive vice presidents, Peter Briggs and Matt Grosso. Mr. Briggs is focused on expanding DSC's strategic partnerships within the IBM community; while Mr. Grosso has recently become responsible for two new partnership programs with NetApp and BlueArc.

About Data Storage Corporation
DSC provides professional services focused on data protection, disaster recovery and business continuity solutions that help organizations protect their data, minimize downtime, ensure regulatory compliance and recover and restore data quickly. Through its four data centers and by leveraging leading technologies such as virtualization, cloud computing and cloud storage, DSC delivers and supports a broad range of premium solutions for both Windows and IBM power systems environments that help its clients save time and money, gain more control of and better access to data and enable the highest level of security for that data. The company's solutions include: offsite data backup, storage, replication, protection and recovery services; High Availability (HA) data replication services; email archive and compliance solutions for e-discovery; continuous data protection; data de-duplication; virtualized system recovery; and telecom recovery services. Headquartered in Garden City, N.Y., DSC offers its solutions and services to healthcare, banking and finance, distribution services, manufacturing, construction, education, and government industries. For more information on DSC, visit www.datastoragecorp.com.

Cautionary Statement on Risks Associated with Data Storage Corporation - Forward-Looking Statements: This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 by Data Storage Corporation that are subject to risks and uncertainties. The words "believe," "expect," "anticipate," "intend," "plan," "estimate," "may," "should," "could," and similar expressions are intended to identify such statements. Forward-looking statements are not guarantees of future performance and are to be interpreted only as of the date on which they are made. Data Storage Corporation undertakes no obligation to update or revise any forward-looking statement except as required by law. Data Storage Corporation advises investors that it discusses risk factors and uncertainties that could cause Data Storage Corporation's actual results to differ from forward-looking statements in its periodic reports filed with the Securities and Exchange Commission ("SEC"). Data Storage Corporation's SEC filings can be accessed through the SEC's EDGAR Database at www.sec.gov (Data Storage Corporation has EDGAR CIK No. 0001419951).

Data Storage Corporation, SafeData and the Data Storage Corporation logo are trademarks Data Storage Corporation. All other trademarks or registered trademarks are properties of their respective owners.

Contact Information

  • Media Contact:
    Karen Higgins
    A & E Communications, Inc.
    (610) 831-5723
    Email Contact

    Investor Contact:
    Chuck Piluso
    Data Storage Corporation
    (212) 564-4922 x102
    Email Contact