Information Storage Company Announces the Appointment of Chris Panagiotakos as Chief Fiscal Officer

MELVILLE, N.Y., May 21, 2021 (World NEWSWIRE) — Info Storage Company (Nasdaq: DTST) (“DSC” and the “Company”), a supplier of diverse enterprise continuity, catastrophe restoration protection, and cloud infrastructure options and companies, these days announced that Chris Panagiotakos has joined Facts Storage Corporation (DTST) as Main Economical Officer.

Mr. Panagiotakos has about 23 decades of public company accounting knowledge, and brings a broad selection of working experience linked to community organization accounting issues. Mr. Panagiotakos previously served as the Vice President and Corporate Controller of Cinedigm Corp. (Nasdaq: CIDM) from April 2017 until March 2021, where by he was accountable for the company’s accounting functionality, oversight of the company’s exterior audit, compliance and controls in addition to staff members coaching and development. Formerly, he served as Cinedigm’s Corporate Assistant Controller from October 2013 to April 2017. From September 2004 to October 2013, Mr. Panagiotakos served in various capacities in the accounting department at Youthful Broadcasting Inc., which includes as Controller of just one its divisions and Assistant Corporate Controller. Mr. Panagiotakos holds a Bachelor of Business enterprise Administration in Accounting from Bernard M. Baruch Faculty, a Masters of Business Administration from Texas A&M University-Commerce, and is a Accredited General public Accountant.

Chuck Piluso, CEO of the Company, commented, “I am delighted to welcome Chris to this new position following our modern general public giving and uplisting to Nasdaq. I feel he will be an vital addition to the senior management staff as we aim on our initiatives to speed up our natural and organic expansion and combine Flagship Solutions’ operations so that we may perhaps create ourselves as a top provider in the rising multi-billion dollar worldwide IBM Electric power marketplaces.”

About Knowledge Storage Company

The Organization delivers and supports a wide array of top quality technological innovation alternatives focusing on IaaS, knowledge storage security and IT management. Shoppers glance to DSC to guarantee catastrophe restoration, business enterprise continuity, enhance stability, and to meet up with growing industry, point out and federal restrictions. The Firm markets to corporations, govt, education and the health care industry by leveraging leading technologies. Via its company units, the Corporation offers IaaS, SaaS, DRaaS, VoIP, IBM Power units and storage hardware with managed IT solutions. For additional info, make sure you pay a visit to http://www.DataStorageCorp.com.

Harmless Harbor Provision

This push launch has “ahead-seeking statements” within just the indicating of the Private Securities Litigation Reform Act of 1995, as amended, that are intended to be protected by the risk-free harbor made thus. Ahead-seeking statements frequently can be determined by the use of forward-looking terminology these types of as “may possibly,” “will,” “expects,” “intends,” “ideas,” “assignments,” “estimates,” “anticipates,” or “thinks” or the damaging thereof or any variation thereon or identical terminology or expressions. These ahead-looking statements are dependent upon present estimates and assumptions and include things like statements relating to the anticipated contribution of Mr. Panagiotakos, the Company’s long run progress possible and timing, integrating the Flagship Solutions’ functions and creating the Firm as a main supplier in the increasing multi-billion greenback worldwide IBM Energy markets. Ahead-wanting statements are matter to hazards and uncertainties that could bring about actual outcomes to vary materially from results proposed in these types of statements. While the Company believes that the anticipations mirrored in this kind of ahead-looking statements are realistic, it can supply no assurance that this kind of anticipations will show to have been correct. Significant things that could induce precise final results to differ materially from the Company’s anticipations include things like, but are not confined to, Mr. Panagiotakos’ contribution to the senior management workforce, the Company’s capability to speed up natural growth, the Company’s means to complete the Flagship Solutions acquisition as planned and properly integrate its functions, the Company’s means to create alone as a primary service provider in the U.S. and world-wide IBM Power markets and the expansion and dimensions of people markets, and individuals threat elements set forth in the Company’s Once-a-year Report on Kind 10-K for the yr finished December 31, 2020 and its other filings and submissions with the SEC. Audience are cautioned not to place undue reliance on these ahead-hunting statements, which talk only as of the day produced. Except as expected by law, the Business assumes no obligation to update or revise any ahead-wanting statements.

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