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April 2016


Data Deposit Box Partner Update and Tradeshow Schedule


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Toronto, Ontario–(Newsfile Corp. – April 15, 2016) – Data Deposit Box Inc. (CSE: DDB) (OTCQB: DDBXF) (FSE: 2DD) (the “Company“), a global provider of cloud backup and recovery technology, is pleased to announce Q1 partner registrations and provide upcoming Tradeshow schedule.

In Q1 2016 Data Deposit Box announced the new product launch of the Smart Storage product line and new SMB and partner “END TO END” services that protect mobile devices (iOS and Android), end points (laptops, desktops , tablets), larger SMB applications (MSSQL, VMWARE, HYPERV, SHAREPOINT, BMR) and provide local recovery/cloud recovery business continuity via the newly offered Smart Storage NAS solutions. Since this announcement, Data Deposit Box is proud to detail that the partner and reseller registrations have increased five (5) times for the Q1 2016 time period adding over 50 new partners when compared to Q1 2015. Most of the partners have been driven by DDB trade show efforts in the first quarter by attending three (3) industry and partner focused events.

“Over the past 12 months we have focused our business and product line to address a massive gap in the SMB business continuity market. There are very successful products on the market that simply do not and cannot service the SMB end to end from end point to local recovery. Our focus to service this market is starting to take hold and with the planned launch of our bare metal recovery service in a few short weeks, DDB will offer an unmatched full featured product at a price for the SMB.” said Tim Jewell the Company’s Founder and CEO.

“DDB product strategy is designed to offer more features at a market leading price to the SMB globally. This will open the partner market to DDB and return real margin and recurring revenue for our partners. All of this is built on a strong product and service offering to the SMB that allows for flexibility and choice and is priced to match the SMB budget” added Troy Cheeseman, the Company’s President and COO. “We are hearing directly from our partners that our strategy to become the end to end cloud backup and recovery solution for IT partners and the SMB (globally) is exactly what the client and partner community is looking for. With the product and strategy partner approval Starting at the end of April, DDB will push with a more aggressive sales and marketing program for both resellerpartners and larger Managed Service Providers” says Cheeseman.

Data Deposit Box is also confirmed to attend the following industry tradeshows in the next six weeks

Event Location Date
ASCII IT SMB Summit Milwaukee, Wisconsin April 27 – 28
ChannelPro SMB Forum Anaheim, California May 3 – 4
Channel Next Central Huntsville, Ontario, Canada May 16 – 17
ASCII SMB Summit Baltimore, Maryland May 25 – 26

Data Deposit Box’s “Smart Storage” local storage 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: 200, 400, 600 and 1000xxx

Smart Storage Device

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  • Agentless Backup of Exchange, VMWARE, MSSQL, Hyper-V, SharePoint, QuickBooks Bare metal recovery and End point devices
  • Continuous Data Protection Technology
  • Select any amount of cloud storage
  • 2TB, 4TB, 6TB and 10TB of local capacity
  • Remote Configuration and Administration
  • Partner Channel Only

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.

Investor Inquiries

W. Clark Kent
Corporate Development
Telephone: 647-519-2646

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.