GlobeNewswire Inc | Sep 15, 2021 09:00AM EDT

September 15, 2021

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 Companys 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 Companys 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 Companys 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 Companys 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, LLC212-671-1020DTST@crescendo-ir.com