Garden City, N.Y. and Warwick, R.I. – November 3, 2010 – Data Storage Corporation, a provider of data recovery and business continuity solutions, today announced that it has named Larry Putterman to its board of directors. As chairman and CEO of DSC until it was acquired by Data Storage Corporation in June 2010, Mr. Putterman will serve on the board’s Mergers and Acquisitions committee.
“We expect Larry’s decades of experience in managing and growing profitable businesses and his wealth of expertise specifically in data protection and recovery for the iSeries environment will prove to be invaluable,” said Chuck Piluso, chairman and CEO of Data Storage Corporation. “In addition, we plan to leverage his extensive knowledge in the area of mergers and acquisitions as we move forward in our efforts to expand our company further.”
Mr. Putterman has more than 30 years of executive experience and specializes in taking businesses to the next level in sales and profitability. His expertise is in improving the efficiency of existing businesses, conceptualizing and implementing strategic plans for revenue growth and sustaining revenue in competitive markets.
From 2005 to 2010, Mr. Putterman served as the chairman and CEO of DSC, until it was acquired by Data Storage Corporation. Prior to DSC, he was the president and owner of American Sports Company and Pan American Sports Company in San Pedro de Macoris, Dominican Republic, for more than 20 years. With American Sports Company and Pan American Sports Company, Mr. Putterman started and became the largest independent contract manufacturer of men’s and women’s shoes and components in the Dominican Republic. He built a $25 million business with more than 1,000 manufacturing employees. Clients included Timberland, Sebago, Polo, LL Bean, Dexter and New Balance. Mr. Putterman honed his management skills as executive vice president and chief operating officer of Milton Shoe Company in Milton, Pa. and New York City, where he had P&L responsibility and was responsible for manufacturing and sales of this $35 million business.
Mr. Putterman is a member of the Central Susquehanna Valley Chamber of Commerce, a board member of the Susquehanna Investment Network and a former regional board member of Northern Central Bank.
About Data Storage Corporation
DSC provides professional services focused on data recovery and business continuity solutions that help organizations protect their data, minimize downtime and recover and restore data quickly. Through its four data centers, DSC delivers and supports a broad range of premium technology solutions which store, protect, optimize and leverage critical business information and ensure regulatory compliance. The company’s solutions include: high availability replication services, email storage and archival, email compliance solutions for e-discovery, off-site data backup and recovery, electronic vaulting, virtualized recovery, continuous data protection, data de-duplication, telecom recovery services and virtual tape libraries. DSC specializes in both Windows and IBM iSeries environments, leveraging leading technologies, such as virtualization, cloud computing and green IT to serve clients in the business, government, education and healthcare industries. For more information on DSC, visit www.dscorp.net.
Cautionary Statement on Risks Associated with Data Storage Corporation – Forward-Looking Statements: This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 by Data Storage Corporation that are subject to risks and uncertainties. The words “believe,” “expect,” “anticipate,” “intend,” “plan,” “estimate,” “may,” “should,” “could,” and similar expressions are intended to identify such statements. Forward-looking statements are not guarantees of future performance and are to be interpreted only as of the date on which they are made. Data Storage Corporation undertakes no obligation to update or revise any forward-looking statement except as required by law. Data Storage Corporation advises investors that it discusses risk factors and uncertainties that could cause Data Storage Corporation’s actual results to differ from forward-looking statements in its periodic reports filed with the Securities and Exchange Commission (“SEC”). Data Storage Corporation’s SEC filings can be accessed through the SEC’s EDGAR Database at www.sec.gov (Data Storage Corporation has EDGAR CIK No. 0001419951).
Data Storage Corporation, DSC and the Data Storage Corporation logo are trademarks Data Storage Corporation. All other trademarks or registered trademarks are properties of their respective owners.
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