
Data Storage Corporation Announces Upgrade to the OTC Bulletin Board
Data Storage Corporation, a cloud storage and cloud computing company focusing on data protection and business continuity solutions, today announced that its common stock has been cleared to be quoted on the OTC Bulletin Board Exchange.
DSC experienced significant growth in 2011 and has positioned itself for furthermore expansion through both acquisitions and organic growth in the coming years. Capping off the year with an Equity Line of $20 million, the company as well expanded its executive team, opened a New York City office, expanded its data centers, formed additional strategic partnerships, was named Asigra's "Partner of the Year," and officially entered the cloud computing Infrastructure-as-a-Service market. According to Gartner in a 2011 press release, the cloud IaaS market is "poised for strong growth with worldwide IaaS forecast to grow from an estimated $3.7 billion in 2011 to $10.5 billion in 2014." This combined with a $39 billion marketplace for Disaster Recovery and Business Continuity positions DSC for excellent growth and possibility.
About Data Storage Corp. DSC provides cloud storage and cloud computing focused on data protection, disaster recovery and business continuity solutions that assist organizations in protecting their data, minimize downtime, ensure regulatory compliance, and recover and restore data quickly. DSC's customers save time and money, gain more control and better access to data and enable the highest level of security for that data. The company's solutions include: data backup and storage, replication; high availability data replication services; email archive and compliance solutions for e-discovery; continuous data protection; data de-duplication; virtualized system recovery; and telecom recovery services. Headquartered in Garden City, N.Y., DSC offers its solutions and services to healthcare, banking and finance, distribution services, manufacturing, construction, education, and government industries. For more information on DSC, visit www.datastoragecorp.com.
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