Data Deposit Box Inc. (the “Company”) (CSE: DDB) (OTCQB: DDBXF) (FSE: 2DD), a global provider of cloud backup and recovery technology, is proud to announce the launch of the “SMART STORAGE” series of NAS solutions running the company technology. The new NAS (Network Attached Storage) solution will add to the previously released continuous technology-based product line. This new agentless and agent based solution will integrate and function seamlessly with the existing software backup and recover products currently within the DDB portfolio. With the Smart Storage product and the Continuous Data Protection (CDP) and Agentless Protection (AP) backup and recovery cloud storage software solution, Data Deposit Box now provides complete business continuity and disaster readiness for SME, SMB’s and SOHO businesses globally.
The Company first launched the 200C Smart Storage device (leveraging DDB’s Continuous Data Protection technology) in October 2015 and will now debut the new Agentless Protection Smart Storage product at the ASCII Group Inc. trade show (Austin, TX) on February 17th and 18th. The new Smart Storage “A” product line will offer the ability to backup and recover systems without the need to install client software. The 200A, 400A and 600A devices integrates seamlessly into the current Agentless Protection software products which also backup MS SQL, Exchange, VMWARE, HYPERV and SharePoint. This solution will be the first of its kind to offer agentless cloud backup technology within a 4 bay hard drive system with cloud storage providing the industry’s most cost effective business continuity solution for the SMB globally.
“We are very excited to bring our Smart Storage products to market. This device has been designed with the channel in mind and strengthens our offering to the IT Partner channel and to the SMB globally. We now offer pricing that will allow the reseller to generate significant margin on the initial purchase and on a monthly recurring basis. Partners will be able to manage and configure all devices using any browser on any device. Everything from reporting to adding or changing configurations, to integrating with AD will be available in a centralized management portal. Our focus has been on simplicity and quality. We will be adding features to the product using automated updates so our clients will have the latest features available instantly. It is encouraging to see the sales of the units begin before the official launch which indicates to us that we are offering a product the market is looking for,” said Tim Jewell, CEO of Data Deposit Box.
Data Deposit Box’s “Smart Storage” NAS device is a 4 bay storage system that is designed to provide a local and cloud based business continuity solution at a SMB price. The hardware is designed with redundant “NAS quality” hard drives that will provide maximum storage capacity and system uptime. Cloud storage will be coupled with the solution to provide a low cost offsite recovery point. This will create a one-time revenue gain from the device while creating a reoccurring monthly revenue stream from the bundled cloud storage. The model details are provided:
– Models: 200C, 200A, 400A and 600A
– Agentless Protection technology
– Client choice of cloud storage
– 4TB – 8TB (raw) local capacity
– Remote Configuration and Administration
– Backup and Recovery of Exchange, VMWARE, MSSQL, Hyper-V, SharePoint, QuickBooks and End point devices (such as PC’s, laptops, etc)
– Partner Channel Only
– Use of DDB Patented “transparent tunnel” technology
“The SMB and Partner networks have identified a significant demand for this product in today’s marketplace. Data Deposit Box can service this need based on our 14 year history and based on the maturity of our cloud solutions; something that is unique to our products and services. Partners can now have unmatched choice, flexibility and features at a price much lower than our nearest competitor,” said Troy Cheeseman, President & COO, Data Deposit Box Inc. “Partners can now service the SOHO, Micro SMB, the SMB and the SME with one provider, one solution; Data Deposit Box. This will eliminate the need to have 2 or even 3 different providers when offering a complete cloud disaster readiness and backup and recovery solution.”
Chesseman further states, “Based on the fact that DDB has developed our products in house, our ability to add features to our solutions and Smart Storage devices will be unmatched by anyone in the industry. Most of the solutions on the market today are pieced together with licensed solutions from other providers making the product expensive for the SMB. Product support also suffers as diagnosing issues could be spread across 2 or 3 different companies. To date, everything released by DDB is written and directly supported by DDB. We are very proud to offer that service to our partners and clients.”
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 200,000 customers, 1,000 resellers, 25 MSPs and private label partners for online backup and recovery, archiving, disaster readiness, secure file sharing and remote access.
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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.