Data Storage Corporation Announces Expansion into the United Kingdom with Opening of CloudFirst London Office
13 May 2024 - 11:00PM
Data Storage Corporation (Nasdaq: DTST) (“DSC” and the “Company”),
a provider of diverse business continuity solutions for disaster
recovery, cloud infrastructure, cyber-security, and IT services,
today announced the expansion of its CloudFirst subsidiary into the
United Kingdom (UK) with the opening of its London office. This
strategic expansion marks a significant milestone in the Company’s
strategy to serve a global clientele and further CloudFirst’s
presence in key global markets.
With the official opening of Cloud First’s new
office in the United Kingdom, the Company has increased its
international footprint while further supporting its current
multi-national clients. The Company’s new office address is 100
Bishopsgate, London EC2N 4AG.
In connection with the new office opening, the
company created a strategic relationship with Kanso Digital, to
assist with scaling the business and execution of its global
business strategy. Kanso Digital is led by Salvatore Esposito, who
will play a key role in advancing CloudFirst’s growth in the UK.
Mr. Esposito brings an extensive background in solution-based sales
and operational leadership within the technology industry and
previously served as the managing director of British Telecom-
Global Services.
Hal Schwartz, President of CloudFirst, stated,
“This strategic move will allow us to take advantage of increased
interest and adoption of our Power Cloud in the UK, which
represents a sizable addressable market with a high concentration
of businesses that utilize these systems to run critical
applications. Establishing a footprint in the UK illustrates our
commitment to capitalizing on new opportunities and building
long-term value for our customers. We're not just launching
services; we're fostering partnerships and building connections
that will further enhance our long-term success.”
Salvatore Esposito commented, “I’m excited to
embark on this collaboration with CloudFirst. The Kanso team brings
decades of experience in assisting companies entering new
territories and establishing efficient operations. By combining
strategy and execution, we believe we can help CloudFirst leverage
its new presence and aggressively penetrate the UK market while
supporting its existing clients. We look forward to working closely
with the Data Storage team.”
Chuck Piluso, CEO of Data Storage Corporation,
the parent company of CloudFirst, stated, “This expansion of our
operations into the UK underscores our commitment to supporting
clients globally, while also enabling us to cater to the unique
needs of the UK market. The UK organization will focus on forging
new partnerships while expanding our cloud infrastructure, disaster
recovery, cyber security and IT automation solutions. By
establishing a local presence, we intend to enhance collaboration
efforts and deliver tailored solutions that meet the evolving needs
of customers.”
About Data Storage
CorporationData Storage Corporation (Nasdaq: DTST) is a
family of fully integrated cloud-hosting, disaster-recovery, cyber
security, IT automation and voice & data companies, built
around technical asset deployments in multiple regions, providing
services to a broad range of domestic and global customers,
including Fortune 500 clients, across a wide range of industries,
such as government, finance, retail, entertainment, education, and
healthcare, focusing on the rapidly growing, multi-billion-dollar
business continuity and IT automation markets. A stable and
emerging growth leader in cloud infrastructure, DTST operates in
data center facilities across North America, sustainably servicing
clients via recurring subscription agreements. Additional
information about the Company is available
at: www.dtst.com and on Twitter (@DataStorageCorp).
Safe Harbor ProvisionThis 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 in this press release
include statements such as the Company serving a global clientele
and furthering CloudFirst’s presence in key global markets, the
expected role of Kanso Digital in advancing CloudFirst’s growth in
the UK, taking advantage of increased interest and adoption of the
Company’s Power Cloud in the UK, capitalizing on new opportunities
and building long-term value for customers, fostering partnerships
and building connections that will further enhance long-term
success, the Kanso team helping CloudFirst leverage its new
presence and aggressively penetrate the UK market while supporting
its existing clients, understanding and catering to the unique
needs of the UK market, the London organization focusing on forging
new partnerships while expanding the Company’s cloud
infrastructure, disaster recovery and cyber security solutions and
enhancing collaboration efforts and delivering tailored solutions
that meet the evolving needs of customers by establishing a local
presence in the UK. 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. These forward-looking statements are
based on management’s expectations and assumptions as of the date
of this press release and are subject to a number of risks and
uncertainties, many of which are difficult to predict that could
cause actual results to differ materially from current expectations
and assumptions from those set forth or implied by any
forward-looking statements. Important factors that could cause
actual results to differ materially from current expectations
include the Company’s ability to further CloudFirst’s presence in
key global markets, the Company’s ability to advance CloudFirst’s
growth in the UK while supporting its existing clients, the
Company’s ability to forge new partnerships through its London
office while expanding its cloud infrastructure, disaster recovery
and cyber security solutions and the Company’s ability to and
enhance collaboration efforts and deliver tailored solutions that
meet the evolving needs of customers. 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, 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.
Contact:Crescendo Communications,
LLC212-671-1020DTST@crescendo-ir.com
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