Toronto, Ontario – November 18, 2019 – Data Deposit Box Inc. (the “Company”) (CSE: DDB, OTC Pink: DDBXF, Frankfurt: 2DD), a global provider of cloud backup and recovery technology, is pleased to announce the appointment of Ms. Louisa Jewell to the Company’s board of directors (the “Board”).
In addition, the Company announces that Mr. Scott Allen has tendered his resignation as a director of the Company, effective October 31, 2019. The Board would like to thank Mr. Allen for his efforts and contributions and wish him well in his future endeavors.
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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.