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Data Storage Corporation Announces the Promotion of Enterprise Infrastructure Expert Larry Pannullo as Director of Infrastructure

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Data Storage Corporation (OTC: DTST) has announced the promotion of Larry Pannullo to Director of Infrastructure. With over 25 years in enterprise infrastructure management, Pannullo will oversee data centers and resource management. His focus will be on enhancing the company's cloud-based data management and subscription services to increase profit margins. Chief Technology Officer Chuck Paolillo praised Pannullo's contributions over the years, and the company anticipates growth through newer services in high demand.

Positive
  • Promotion of Larry Pannullo to Director of Infrastructure, expected to enhance operational efficiency.
  • Focus on higher margin cloud-based data management and support subscription services aimed at driving margin expansion.
Negative
  • None.

Appointment supports Company focus on higher margin cloud-based data management and support subscription services

MELVILLE, N.Y., Sept. 15, 2021 (GLOBE NEWSWIRE) -- Data Storage Corporation (OTC: DTST) (“DSC” and the “Company”), a provider of diverse business continuity, disaster recovery protection, IBM Power infrastructure-as-a-service and cyber-security based solutions, today announced the promotion of Larry Pannullo to Director of Infrastructure, where he will be responsible for overseeing the Company’s data centers and hardware resources.

Mr. Pannullo brings more than 25 years of experience managing enterprise infrastructure. His new responsibilities will include evaluating current and future enterprise infrastructure needs, managing infrastructure resource objectives, as well as creating budgets and policies to help support the Company’s best-in-class enterprise infrastructure. Previously, he served as Senior System Engineer at Data Storage Corporation, where he was instrumental overseeing the deployment and delivery of the Company’s storage and IBM Power cloud services, as well as helping clients through a smooth migration to the cloud platform.

Chuck Paolillo, Chief Technology Officer of Data Storage Corporation, commented, “Larry has been a very important part of the DSC Service Delivery team since the early days where he excelled and soon became the top SAN Storage and IBM system engineer, overseeing design requirements, client onboarding, as well managing the IBM Systems admin team. We look forward to benefitting from his expertise and experience in this new role, as we enter the next phase of our growth and maintain our track record of achieving the highest levels of customer retention and service satisfaction.”

Mr. Pannullo added, “I look forward to introducing and focusing on our new higher margin data management and support subscription services across our client base. These services are in high demanded and we believe should help drive margin expansion.”

About Data Storage Corporation

The Company delivers and supports a broad range of premium technology solutions focusing on IaaS, data storage protection and IT management. Clients look to Data Storage to ensure disaster recovery, business continuity, enhance security, and to meet increasing industry, state and federal regulations. The Company markets to businesses, government, education and the healthcare industry by leveraging leading technologies. Through its business units, the Company provides IaaS, SaaS, DRaaS, VoIP, cyber security, data analytics, IBM Power systems and storage hardware with managed IT services. For more information, please visit http://www.DataStorageCorp.com.

Safe Harbor Provision

This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, that are intended to be covered by the safe harbor created thereby. Forward-looking statements are subject to risks and uncertainties that could cause actual results, performance or achievements to differ materially from any future results, performance or achievements expressed or implied by such forward-looking statements. Statements preceded by, followed by or that otherwise include the words “believes,” “expects,” “anticipates,” “intends,” “projects,” “estimates,” “plans” and similar expressions or future or conditional verbs such as “will,” “should,” “would,” “may” and “could” are generally forward-looking in nature and not historical facts, although not all forward-looking statements include the foregoing. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, it can provide no assurance that such expectations will prove to have been correct. These risks should not be construed as exhaustive and should be read together with the other cautionary statements included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2020, subsequent Quarterly Reports on Form 10-Q and Current Reports on Form 8-K filed with the Securities and Exchange Commission. Any forward-looking statement speaks only as of the date on which it was initially made. Except as required by law, the Company assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, changed circumstances or otherwise.

Contact:
Crescendo Communications, LLC
212-671-1020
DTST@crescendo-ir.com


FAQ

What is the significance of Larry Pannullo's promotion at Data Storage Corporation?

Larry Pannullo's promotion to Director of Infrastructure is significant as it aims to enhance the company's cloud-based data management and subscription services, which are expected to drive higher profit margins.

What role will Larry Pannullo play in the company's data centers?

As Director of Infrastructure, Larry Pannullo will oversee the management of data centers, evaluate infrastructure needs, and create budgets and policies to support enterprise infrastructure.

How does Data Storage Corporation plan to increase its profit margins?

Data Storage Corporation plans to increase profit margins by focusing on higher margin cloud-based data management and support subscription services that are in high demand.

What is Data Storage Corporation's stock symbol?

Data Storage Corporation's stock symbol is DTST.

When was the press release about Larry Pannullo’s promotion issued?

The press release announcing Larry Pannullo's promotion was issued on September 15, 2021.

Data Storage Corporation

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Information Technology Services
Services-computer Processing & Data Preparation
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United States of America
MELVILLE