Data Deposit Box Enters Blockchain Industry With Newly Awarded Patent

TORONTO, Jan. 03, 2018 (GLOBE NEWSWIRE) -- Data Deposit Box (CSE:DDB) (CSE:DDB.CN) is pleased to announce it has been awarded Canadian patent number 2,718,274. This patent in addition to US Patent 8,843,639 enables Data Deposit Box to expand its product offerings to aggressively enter the Blockchain industry. This patent is critical to our platform and uniquely positions the company to deliver patent protected solutions.

The company is on track with new products planned for general availability in Q1 2018.

ABOUT DATA DEPOSIT BOX:

Providing advanced, cloud-based data back-up 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). Data Deposit Box offers full white labeling for larger MSPs. Based in Toronto, Canada, Data Deposit Box is trusted by over 5,000 MSPs, SMBs and personal end-users world-wide to make data back up as simple and smart as possible.

Data Deposit Box is using components of its existing robust platform to develop products for the Blockchain industry.

For more information, please contact:
Tim Jewell
[email protected]
(416) 238-7596