Data Storage Corporation Announces Multi-Million Dollar Contract with One of the Nation’s Most Recognized Professional Sports Teams
05 Januar 2022 - 3:00PM
Data Storage Corporation (Nasdaq: DTST) (“DSC” and the “Company”),
a provider of diverse business continuity solutions including
disaster recovery, infrastructure as a service, cyber security and
data analytics, today announced its wholly owned subsidiary,
Flagship Solutions Group, has been awarded a multi-million dollar
contract with one of the nation’s most recognized professional
sports teams. Under the agreement, the Company will provide a
modernized and encrypted storage infrastructure to support the
team, the stadium and its affiliates.
The project will expand the security of the
on-premise storage and cloud backup services, while empowering the
team to get more value out of their data and mitigate security
threats including ransomware. The project leverages IBM’s
High-Performance Storage, Data Resilience, Flash, Zero Trust
Identities & Data and Power10 capabilities to predict threats,
secure data and modernize the technology infrastructure.
“We are pleased to announce this important
contract with a major U.S. professional sports franchise, as it
illustrates the traction we’re gaining in the market. We were
selected based on the scalability and performance of our solutions,
which provides further validation of our Flagship acquisition last
year. This award is also a direct result of our new marketing
strategy, focused on key industries: sports & entertainment,
banking & finance, healthcare and government. While Intel and
Windows servers have been undergoing a massive migration to the
cloud over the past eight years, the IBM Power server market has
only begun this transition and we are clearly at the forefront of
this emerging multi-billion-dollar market. We have built a robust
proposal pipeline heading into 2022 and remain confident in the
outlook for the business,” stated Chuck Piluso, CEO of Data Storage
Corporation.
“While no one can predict when a cyberattack
might occur, there are proactive measures organizations can take to
mitigate data loss and prevent potential disruption to business
operations. Among large sports organizations, efficiency and
effectiveness are fundamental in keeping the business operations
running as usual, which includes data storage security and analyses
to monitor and improve operations,” commented Mark Wyllie, CEO of
Flagship Solutions Group.
About Data Storage
CorporationThe Company delivers and supports a broad range
of premium technology solutions focusing on IaaS, data storage
protection and IT management. Clients look to DSC to ensure
disaster recovery, business continuity, enhance security, and to
meet increasing industry, state and federal regulations. The
Company markets to businesses, government, education and the
healthcare industry by leveraging leading technologies. Through its
business units, the Company provides IaaS, SaaS, DRaaS, VoIP, IBM
Power systems and storage hardware with managed IT services. For
more information, please visit http://www.DataStorageCorp.com.
About Flagship Solutions Group
Flagship provides hybrid IBM solutions, managed
services, and cloud solutions worldwide. These include data center
strategic planning and hybrid cloud implementations based on a wide
range of assessments that look at virtualization, server
consolidation, security, and infrastructure-focused integration.
Flagship’s managed services include cloud-based server monitoring
and management, 24×7 helpdesk support, and data center
infrastructure management.
Forward-Looking Statements
This press release contains "forward-looking
statements" within the meaning of the Private Securities Litigation
Reform Act of 1995, as amended, that are intended to be covered by
the safe harbor created thereby. Forward-looking statements are
subject to risks and uncertainties that could cause actual results,
performance or achievements to differ materially from any future
results, performance or achievements expressed or implied by such
forward-looking statements. Statements preceded by, followed by or
that otherwise include the words “believes,” “expects,”
“anticipates,” “intends,” “projects,” “estimates,” “plans” and
similar expressions or future or conditional verbs such as “will,”
“should,” “would,” “may” and “could” are generally forward-looking
in nature and not historical facts, although not all
forward-looking statements include the foregoing. The
forward-looking statements include statements regarding the
expansion of the existing relationship with the Falcons
illustrating the scalability and performance of Flagship’s
solutions. Although the Company believes that the expectations
reflected in such forward-looking statements are reasonable, it can
provide no assurance that such expectations will prove to have been
correct. Important factors that could cause actual results to
differ materially from the Company's expectations include, but are
not limited to, the Company’s ability to leverage the scalability
and performance of Flagship’s solutions, the Company’s ability to
benefit from the IBM cloud migration underway, the Company’s
ability to position itself for future profitability and the
Company’s ability to maintain its Nasdaq listing. These risks
should not be construed as exhaustive and should be read together
with the other cautionary statements included in the Company’s
Annual Report on Form 10-K for the year ended December 31, 2020,
subsequent Quarterly Reports on Form 10-Q and Current Reports on
Form 8-K filed with the Securities and Exchange Commission. Any
forward-looking statement speaks only as of the date on which it
was initially made. Except as required by law, the Company assumes
no obligation to update or revise any forward-looking statements,
whether as a result of new information, future events, changed
circumstances or otherwise.
Investor Relations Contact: Crescendo
Communications, LLCTel: 212-671-1021Email:
DTST@crescendo-ir.com
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