22:25:09 EDT Tue 23 Apr 2024
Enter Symbol
or Name
USA
CA



Data Deposit Box Inc
Symbol DDB
Shares Issued 85,596,709
Close 2018-04-25 C$ 0.085
Market Cap C$ 7,275,720
Recent Sedar Documents

Data Deposit Box signs contract with DSD Europe

2018-04-26 11:53 ET - News Release

Mr. Tim Jewell reports

DATA DEPOSIT BOX SIGNS DEAL WITH DSD EUROPE BV

Data Deposit Box Inc. has signed a contract with DSD Europe BV as of April 16, 2018.

"This contract represents our third large partner in Europe, adding to previously announced Claranet and Brigantia. DSD's customers are information technology/telecom resellers, [managed services providers], Web stores and retailers of all sizes. DSD will sell Data Deposit Box applications for a minimum of 12 months using its unique platform for software distribution of [electronic software deliveries], software licences and monthly services. DSD will share revenue with Data Deposit Box on a 50/50 split. We are very pleased to announce the closing of this deal prior to the quickly approaching deadline for the General Data Protection Regulation (GDPR) regulation on May 25, 2018. We have been working with DSD since September of 2017, and this has been a very fast closing. Our new partner is a master distributor with more than 2,500 MSP clients and has a very successful and growing business," said Tim Jewell, chief executive officer of Data Deposit Box.

About Data Deposit Box Inc.

Providing advanced, cloud-based data backup since 2002, Data Deposit Box is one of the world's first and foremost data backup, protection and recovery providers for managed service providers (MSPs) as well as small and medium businesses (SMBs).

We seek Safe Harbor.

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