Data Deposit Box Inc. (the “Company”) (CSE: DDB, OTCQB: DDBXF, Frankfurt: 2DD), a global provider of cloud backup and recovery, is pleased to announce that it has entered into a strategic agreement with O&O Software GmbH.
The partnership will combine O&O Software’s bare metal technologies with Data Deposit Box’s new Smart Storage Solution to offer an all-in-one business continuity solution for the SMB, SME and managed services partners globally. The new technology will be offered with the Data Deposit Box’s Smart Storage 2TB, 4TB, 6TB and 10TB systems. This new solution will provide partners with the unique ability to use file based, API based, or bare-metal based technologies within a 4 bay system which will allow for complete, end to end backup and recovery within any SMB and SME. Data Deposit Box will offer the solution (with cloud storage) commencing May 4th, 2016.
Effective April 29th 2016, O&O Software GmbH’s BMR technology will be available as an integrated feature of the Data Deposit Box cloud service offering, which is designed to safeguard critical data for small to midsize business and enterprise (SMB/SME) customers worldwide.
“Data Deposit Box has long offered the best SMB focused backup and recovery solution to partners globally. Now, with an integrated BMR function within our Smart Storage solution, Data Deposit Box offers the industry most complete end to end service.” said Troy Cheeseman, President & COO, Data Deposit Box, Inc. “The ability for SMBs and SMEs to keep their businesses open after an unexpected system crash or data loss depends heavily on their ability to quickly and reliably restore critical data or an entire machine after the event. Aligning with O&O Software GmbH will give Data Deposit Box customers and partners a comprehensive integrated product that can be deployed agentlessly within any customer’s office.”
“Drawing upon their experience as a global cloud backup provider for more than 14 years, Data Deposit Box is uniquely positioned within the market and with the new integrated services they are able to meet the data protection needs of the SMB and SME businesses worldwide,” said Olaf Kehrer, Managing Director and Co-Founder of O&O Software GmbH. “Their license free, feature rich cloud disaster readiness offerings are designed for easy adoption and implementation. Managed Service partners and providers alike will be able maximize their margin and reoccurring revenue streams by partnering with DDB. O&O Software GmbH is very pleased to play a role as a key technology partner.”
“Offering a BMR solution (as a standalone software product or as a feature made available through our Smart Storage device) will open up new revenue streams for Data Deposit Box; something we are holistically focused on for the 2016 year” says Tim Jewell, CEO of Data Deposit Box. Data Deposit Box offers customers the ability to back up and recover a wide range of data types (Exchange, SQL, VMware, Hyper-V, and others) while simultaneously providing cloud, hybrid or local recovery points in a flexible, reliable service.
About O&O Software GmbH
O&O develops solutions for corporate customers that not only support them in their daily activities, but also help substantially reduce their costs. O&O’s products for system optimization, data imaging, data recovery, secure data deletion and company-wide administration are pioneers in the Windows technology sector. Together with a worldwide network of partners, O&O supports corporations, companies, public authorities and private customers in over 140 countries, all from the headquarters in Berlin, Germany.
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.