Data Storage Corporation Secures Six-Figure Contract with Canadian Division of Renowned Japanese Motorsports Manufacturer
Data Storage 's subsidiary CloudFirst has secured a six-figure subscription-based contract with the Canadian division of a Japanese motorsports manufacturer. The agreement involves providing advanced data storage and cloud solutions to enhance the client's IT resilience and operational efficiency. The contract demonstrates DSC's capability to deliver secure, scalable IT solutions for critical data protection and operational continuity. The Company will provide cloud infrastructure and data protection solutions to support the manufacturer's operations.
La filiale di Data Storage, CloudFirst, ha ottenuto un contratto basato su abbonamento a sei cifre con la divisione canadese di un produttore giapponese di motorsport. L'accordo riguarda la fornitura di soluzioni avanzate di archiviazione dati e cloud per migliorare la resilienza informatica e l'efficienza operativa del cliente. Il contratto dimostra la capacità di DSC di offrire soluzioni IT sicure e scalabili per la protezione dei dati critici e la continuità operativa. L'azienda fornirà infrastruttura cloud e soluzioni di protezione dei dati per supportare le operazioni del produttore.
La filial de Data Storage, CloudFirst, ha asegurado un contrato de suscripción de seis cifras con la división canadiense de un fabricante japonés de deportes de motor. El acuerdo implica proporcionar soluciones avanzadas de almacenamiento de datos y nube para mejorar la resiliencia de TI y la eficiencia operativa del cliente. El contrato demuestra la capacidad de DSC para ofrecer soluciones de TI seguras y escalables para la protección de datos críticos y la continuidad operativa. La empresa proporcionará infraestructura en la nube y soluciones de protección de datos para apoyar las operaciones del fabricante.
Data Storage의 자회사 CloudFirst가 일본 모터스포츠 제조업체의 캐나다 지사와 6자리 구독 기반 계약을 체결했습니다. 이 계약은 고객의 IT 탄력성과 운영 효율성을 향상시키기 위해 고급 데이터 저장 및 클라우드 솔루션을 제공합니다. 이 계약은 DSC의 중요 데이터 보호 및 운영 연속성을 위한 안전하고 확장 가능한 IT 솔루션 제공 능력을 입증합니다. 회사는 제조업체의 운영을 지원하기 위해 클라우드 인프라와 데이터 보호 솔루션을 제공합니다.
La filiale de Data Storage, CloudFirst, a obtenu un contrat d'abonnement à six chiffres avec la division canadienne d'un fabricant japonais de sports mécaniques. L'accord concerne la fourniture de solutions avancées de stockage de données et de cloud pour améliorer la résilience informatique et l'efficacité opérationnelle du client. Le contrat démontre la capacité de DSC à offrir des solutions informatiques sécurisées et évolutives pour la protection des données critiques et la continuité opérationnelle. L'entreprise fournira des infrastructures cloud et des solutions de protection des données pour soutenir les opérations du fabricant.
Die Tochtergesellschaft von Data Storage, CloudFirst, hat einen sechsstelligen abonnementbasierten Vertrag mit der kanadischen Niederlassung eines japanischen Motorsportherstellers gesichert. Die Vereinbarung umfasst die Bereitstellung fortschrittlicher Datenlager- und Cloud-Lösungen zur Verbesserung der IT-Resilienz und der operativen Effizienz des Kunden. Der Vertrag zeigt die Fähigkeit von DSC, sichere, skalierbare IT-Lösungen für den Schutz kritischer Daten und die operative Kontinuität bereitzustellen. Das Unternehmen wird Cloud-Infrastruktur und Datenschutzlösungen bereitstellen, um die Betriebsabläufe des Herstellers zu unterstützen.
- Secured new six-figure subscription-based contract
- Expansion into Canadian market
- Contract with major international manufacturer enhances market credibility
- None.
Insights
The six-figure contract win with a prominent Japanese motorsports manufacturer's Canadian division marks a significant business development for DTST. While specific contract values aren't disclosed, the recurring subscription-based revenue model strengthens the company's predictable income stream. For a company with a market cap of
The partnership with an internationally recognized brand could enhance DTST's credibility in the competitive cloud infrastructure market. The focus on IT resilience and operational efficiency solutions aligns with growing enterprise demand for robust disaster recovery and business continuity services. This contract could potentially lead to expanded opportunities within the client's global operations and similar manufacturers seeking proven cloud solutions.
MELVILLE, N.Y., Nov. 12, 2024 (GLOBE NEWSWIRE) -- Data Storage Corporation (Nasdaq: DTST) (“DSC” and the “Company”), a provider of diverse business continuity solutions for disaster-recovery, cloud infrastructure, cyber-security, and IT automation, today announced that its subsidiary, CloudFirst, has secured a six-figure subscription-based contract with the Canadian division of a globally recognized Japanese motorsports manufacturer.
Under the agreement, the client will leverage the Company’s advanced data storage and cloud solutions to strengthen its IT resilience and optimize operational efficiency. This strategic contract underscores the Company’s ability to deliver reliable, secure, and scalable IT solutions that safeguard critical data and ensure operational resilience.
“We are proud to partner with one of the world’s most distinguished brands in motorsports,” commented Chuck Piluso, CEO of Data Storage Corporation. “Our cloud infrastructure and data protection solutions will enable them to operate with heightened efficiency and resilience, aligning with their commitment to excellence and innovation.”
“Our comprehensive suite of cloud and data protection solutions are designed to meet the demands of leading manufacturers who rely on secure, uninterrupted operations,” added, Hal Schwartz, President of CloudFirst. “We believe this agreement demonstrates our ability to meet the complex requirements of large organizations and underscores our commitment to delivering tailored, high-quality solutions.”
About Data Storage Corporation
Data Storage Corporation (Nasdaq: DTST) is a leading provider of fully managed cloud hosting, disaster recovery, cybersecurity, IT automation, and voice & data solutions. With strategic technical investments in multiple regions, DTST serves a diverse clientele, including Fortune 500 companies, in sectors such as government, education, and healthcare. Focused on the fast-growing, multi-billion-dollar cloud hosting and business continuity market. DTST is recognized as a stable and emerging growth leader in cloud infrastructure, support and the migration of data to the cloud. Our regional data centers across North America enable us to deliver sustainable services through recurring subscription agreements.
For more information, please visit www.dtst.com or follow us on X @DataStorageCorp.
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 forward-looking statements are based on management’s expectations and assumptions as of the date of this press release and are subject to a number of risks and uncertainties, many of which are difficult to predict that could cause actual results to differ materially from current expectations and assumptions from those set forth or implied by any forward-looking statements. Important factors that could cause actual results to differ materially from current expectations include the Company’s ability to grow its presence in Europe. 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, 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:
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