Toronto, Ontario – March 26, 2020 – Data Deposit Box Inc. (the “Company”) (CSE: DDB, OTC Pink: DDBXF, Frankfurt: 2DD), a global provider of cloud backup and recovery technology reports on a data security breach that occurred in January 2020.

On January 5, 2020, Data Deposit Box was contacted and informed by a firm of ethical security researchers that they discovered log files from a limited number of customers that were being stored on an open third-party, cloud-based service. These log files contained diagnostic information used by the Company to troubleshoot the operation of its software running on its customers’ systems. The exposed log files primarily consisted of paths and filenames of the customers’ local file systems.

The Company immediately identified and addressed the system configuration vulnerability and verified that no other instances existed in the current environment. The Company enacted safeguards to protect user accounts and promptly notified affected customers. On January 6, 2020, less than 24 hours later, the issue had been completely resolved.

The Company has performed a thorough risk assessment of the data and determined that a total of 148 customers were affected. Based on the analysis to date, there has been no evidence that any information originally exposed has been misused. Importantly, no backed-up data belonging to customers was compromised. Customer data files were never at risk as it is stored in our facilities, not with third-party service providers.

In relation to this security incident, the Company has filed a PIPEDA Breach Report with the Office of the Privacy Commissioner of Canada.

Safeguarding customers’ information is essential to the Company’s mission and its role as a global provider of cloud backup and recovery technology. The Company recognizes the importance of effective cybersecurity and continuously implements additional safeguards and technical measures.

For More Information, Contact:

Siva Cherla
scherla@datadepositbox.com
1-866-430-2406

Neither the Canadian Securities Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this press release.

FORWARD LOOKING STATEMENTS

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.

Secure cloud backup and storage for all your devices with one easy to use app

Try free for 14 days

Click below to download Q&A document:

Q&A-Jan-24-2020-DataDepositBox.pdf

Secure cloud backup and storage for all your devices with one easy to use app

Try free for 14 days

To download click the link below:

Combination agreement

Secure cloud backup and storage for all your devices with one easy to use app

Try free for 14 days

Click below to download:

Form of Proxy

Secure cloud backup and storage for all your devices with one easy to use app

Try free for 14 days

Click on the link below to download the notice:

Notice of meeting

Secure cloud backup and storage for all your devices with one easy to use app

Try free for 14 days

Click on the link below to download:
LETTER OF TRANSMITTAL

Secure cloud backup and storage for all your devices with one easy to use app

Try free for 14 days

Toronto, Ontario – February 19, 2020 – Data Deposit Box Inc. (CSE: DDB, OTC Pink: DDBXF,
Frankfurt: 2DD), a global provider of cloud backup and recovery technology, has signed a combination
agreement, following up on the binding letter agreement announced February 6, 2020, to be acquired by
HostPapa, Inc., a web technology company specializing in web hosting and cloud services for small
businesses.

Subject to applicable conditions, Data Deposit Box will amalgamate with a subsidiary of HostPapa, Inc.
and Data Deposit Box’s shareholders will receive $0.012491639 per share in cash for each share of Data
Deposit Box.

After careful consideration and consultation with its financial and legal advisors, Data Deposit Box’s
board of directors has unanimously approved the proposal and recommends that its shareholders vote in
favour of the transaction at the Annual and Special Meeting of Shareholders scheduled for March 13,
2020. The resolution approving the transaction must be approved by two-thirds of the votes cast by
shareholders who vote in person or by proxy at the shareholders’ meeting. The amalgamation transaction
is expected to close immediately following the Shareholder’s meeting, subject to shareholder and
regulatory approvals, as well as other customary closing conditions. The combination agreement and
information circular for the meeting are posted at www.sedar.com and the materials will be mailed to
shareholders on February 21, 2020.

About HostPapa Inc.:

HostPapa, Inc. is an established web hosting and cloud services company headquartered in Burlington,
Ontario, Canada, with a large base of small business customers around the world. HostPapa has been
accredited with an A+ rating by the Better Business Bureau and garnered multiple industry awards since
its inception in 2007. More information about the company can be found at www.hostpapa.com.

About Data Deposit Box Inc.:

Data Deposit Box is one of the world’s leading cloud backup and storage providers for IT Resellers,
Managed Service Providers (MSPs), and Small and Medium Businesses (SMBs). The company’s
patented technology allows SMB’s to backup and manage an unlimited number of devices (including
Windows, macOS, iOS, Android, Synology and QNAP NAS) with one, easy to use app. For more
information about Data Deposit Box, visit www.datadepositbox.com.
Neither the Canadian Securities Exchange nor its Regulation Services Provider accepts responsibility for
the adequacy or accuracy of this press release.

Forward Looking Statements:

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.

For further information, contact:

Siva Cherla
scherla@datadepositbox.com
1-866-430-2406

Secure cloud backup and storage for all your devices with one easy to use app

Try free for 14 days

Toronto, Ontario–(Newsfile Corp. – February 6, 2020) –  Data Deposit Box Inc. (CSE: DDB) (OTC Pink: DDBXF) (FSE: 2DD), a global provider of cloud backup and recovery technology, has signed a binding letter of intent dated February 6, 2020 to be acquired by HostPapa, Inc., a web technology company specializing in web hosting and cloud services for small businesses.

Under the agreement, Data Deposit Box will be amalgamated with a subsidiary of HostPapa, Inc. and, subject to the satisfaction of certain conditions, Data Deposit Box shareholders will receive a fraction under $0.0125 per share in cash for each Data Deposit Box share.

After careful consideration and consultation with its financial and legal advisors, Data Deposit Box’s board of directors has unanimously approved the proposal and recommends that its shareholders vote in favour of the transaction at the Annual and Special Meeting of Shareholders scheduled for March 13, 2020.

The transaction is expected to close immediately following the Shareholder’s meeting, subject to shareholder and regulatory approvals, as well as other customary closing conditions.

“We believe that the transaction brings significant value to our shareholders by way of a 32% percent premium over the prior 20-day trailing weighted average share price for Data Deposit Box common shares. Data Deposit Box’s cloud backup service fits perfectly into HostPapa’s full range of web products and solutions. We feel our technology and customers have a strong strategic future as part of the HostPapa world,” said Paul Nicholls, Chair and Director.

“HostPapa brings a strong operational foundation, broad customer base and significant resources to the Data Deposit Box business,” added Siva Cherla, Interim CEO, CFO and Director. “Our company will benefit greatly by gaining access to HostPapa’s resources and large customer base of small business owners and we know Tim Jewell’s legacy will thrive as a part of the HostPapa family.”

The transaction is subject to the approval of shareholders. All shareholders will receive the relevant documents which outline the specifics of the transaction.

Jamie Opalchuk, Founder & CEO of HostPapa, Inc. said, “We are excited about the opportunity of offering Data Deposit Box end-point security to our growing base of small business customers and reseller. With the ever growing threats targeting small businesses, it’s essential that as a service provider we offer our customers a suite of backup and security products such as Data Deposit Box to protect their business.”

Advisors and Counsel:

WD Capital Markets is acting as exclusive financial advisor to HostPapa and Woolford Venture Law is acting as HostPapa’s legal counsel.

INFOR Financial Inc. is acting as exclusive financial advisor to Data Deposit Box and Gardiner Roberts LLP is acting as Data Deposit Box’s legal counsel.

About HostPapa Inc.:

HostPapa, Inc. is an established web hosting and cloud services company headquartered in Burlington, Ontario, Canada, with a large base of small business customers around the world. HostPapa has been accredited with an A+ rating by the Better Business Bureau and garnered multiple industry awards since its inception in 2007. More information about the company can be found at www.hostpapa.com.

About Data Deposit Box Inc.:

Data Deposit Box is one of the world’s leading cloud backup and storage providers for IT Resellers, Managed Service Providers (MSPs), and Small and Medium Businesses (SMBs). The company’s patented technology allows SMB’s to backup and manage an unlimited number of devices (including Windows, macOS, iOS, Android, Synology and QNAP NAS) with one, easy to use app.

Since 2002, over 350,000 users and 200+ partners, in 53 countries, have trusted Data Deposit Box to bring them Protection Peace of Mind™. The company’s patented technology is backed by an industry leading Protection Guarantee™. For more information about Data Deposit Box, visit www.datadepositbox.com.

Neither the Canadian Securities Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this press release.

Forward Looking Statements:

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..

For further information, contact:

Siva Cherla scherla@datadepositbox.com 1-866-430-2406

Secure cloud backup and storage for all your devices with one easy to use app

Try free for 14 days

GSMA real-time intelligence data estimates there are now over 5.15 Billion people worldwide with mobile devices. With over 66% of the world’s population having a mobile device (cell phone, tablet or cellular enabled IoT devices) security is becoming a top priority for both businesses and individuals. Furthermore, as the number of devices continues to increase at record rates, so too do the threats from cybercriminals. One of the biggest threats to devices today is Malware. The McAfee Mobile Threat Report estimates the average person has 60-90 apps installed on their phone. These apps can do anything; online banking, controlling home heating, gaming, and help us work more efficiently. But our love of apps comes at a price. Symantec research found an average of 10,573 malicious apps are blocked each day. Additionally, the research found 1 in 36 mobile devices have high risk apps installed – in other words,  Malware.

What is mobile malware?

Mobile malware targets the operating systems on your phone for the purposes of doing “malicious things”. It includes spyware, adware, drive-by downloads, viruses, trojans, phishing, and browser exploitation. Even if your app isn’t malware, it may be susceptible. Research suggests that 76% of apps have insecure data storage, making them a popular target for cybercriminals.

5 ways your mobile device gets malware

SecurityMetrics highlights the top ways your mobile device gets malware.

  1. Downloading malicious apps – Malicious apps contain spyware or other types of malware designed to cause havoc with your system and steal data. Downloading apps from unfamiliar sources or in some cases even legitimate app stores can give you more than your bargained for.
  2. Ignoring regular operating system updates – We all do it, but the fact of the matter is ignoring regular operating systems updates exposes us to vulnerabilities and puts our devices at risk.
  3. Opening suspicious emails – Opening suspicious emails, and clicking links, or downloading files can guarantee a bad outcome.
  4. Using non-secure Wi-Fi/URLs – Public Wi-Fi and insecure websites increase your exposure to malware. You run the risk of exposing sensitive data transmitted from your device, as well as, being more susceptible to “man-in-the-middle attacks”.
  5. Receiving text message/vmail phishing – Just like in an email no legitimate source is going to ask for personal information about you or your device in a text message or vmail.

5 ways to protect your mobile device from malware

  1. Update, Update, Update – Ensure you keep your operating system and apps up to date with the latest versions of software. This guarantees your device has the latest security patches and critical software updates.
  2. Consider a VPN – A virtual private network (VPN) provides a secure way for you to access and share information over public Wi-Fi networks.
  3. Utilize mobile security software – Mobile security software prevents your phone from being infected with viruses and malware. It is similar to how antivirus software protects your computer.
  4. Download from trusted sources – Download from official app stores and only from reputable app creators (think companies).  Be skeptical of free apps that give you free things.
  5. Train employees – Regularly train your employees on cybersecurity, including mobile device security. Additionally, make sure you have security policies in place that include the use of mobile devices.

Backing up your data to the cloud won’t prevent mobile malware threats, however it ensures your data is protected. Regularly backup all of your important data – Implement an easy to use endpoint backup and protection solution like Data Deposit Box. Try it for free here.

Secure cloud backup and storage for all your devices with one easy to use app

Try free for 14 days