Data Storage Corporation Announces Advisory Board Expansion
| Source: Data Storage Corporation
GARDEN CITY, NY--(Marketwire - February 19, 2010) - Data Storage Corporation (OTCBB : DTST ), a
provider of diverse electronic data storage and protection products and
services, today announced the appointment of Gregory Peterson, Kenneth
Polin, Jim Quinn, and Cliff Stein to its Advisory board.
"We are very pleased to welcome Greg, Ken, Jim, and Cliff. The company is
fortunate to add these individuals, given their level of knowledge,
experience, and reach. They add a set of experiences and perspectives
which complement that of our existing board members. I am confident that
their additions will help guide the company and drive its growth," stated
Chuck Piluso, CEO of Data Storage Corporation.
Gregory P. Peterson is a partner at Berkman, Henoch, Peterson & Peddy, P.C.
in Garden City, N.Y.; the fifth largest law firm on Long Island. The firm
specializes in Banking, Real Estate Development, Zoning, Bankruptcy,
Estates and Commercial litigation. The firm also serves as outside counsel
to several large municipalities on Long Island. Previously, Peterson was
the chairman and CEO for the Nassau Regional Off-Track Betting Corporation
from 1998-2001. There he was responsible for operations, managing fifteen
branches and 350 employees. Peterson was also the Presiding Supervisor for
the Town of Hempstead from 1993-1998, Supervisor from 1987-1993, and
Councilman from 1972-1987.
Kenneth Polin is a partner with Foley & Lardner LLP and a member of the
firm's Private Equity & Venture Capital and Transactional & Securities
Practices, as well as the Emerging Technologies, Entertainment & Media, and
Life Sciences Industry Teams. Polin has over 25 years of experience in the
areas of securities, venture capital, mergers and acquisitions, and other
financing transactions. His practice is concentrated in the area of
corporate and securities law with an emphasis on representation of emerging
and public technology and growth companies. Polin has extensive experience
representing venture capital and other investors and has managed a broad
range of major business transactions for these entities, including private
placements and public offerings; mergers, acquisitions and spin-offs;
strategic collaborations and commercial transactions, such as bank credit
lines, lease lines and off-balance sheet financings. He has been counsel to
companies in the biotechnology, media, communications, hardware,
healthcare, medical device, software, and telecommunications industries. He
also regularly represents finance companies in a variety of consumer and
commercial finance transactions.
Jim Quinn is an experienced tax and financial advisor with extensive
industry experience. Quinn has managed Q Financial, his own commercial real
estate financing consulting service that provides conventional financing
while maintaining his affiliation with Roosevelt & Cross, Inc. Previously,
Quinn was the Executive Director for the Town of Hempstead IDA, which
develops, and assists in acquiring, constructing and furnishing of
qualified projects and facilities, thereby increasing the job base of the
town. Prior, Quinn was the CFO of L.I. Sports Enterprises, which manages
the NY Nets and Islanders.
Cliff Stein is an attorney and a member of the Florida Bar Association.
Stein serves as founder and Chairman and Chief Executive Officer of Savitar
Realty Advisors, a real estate advisory and management organization whose
clients are primarily financial institutions and government agencies. Stein
served as a member of the Board of Directors of Cenvill Development,
formerly a $500 million, publicly-traded real estate company, and was
appointed by the FDIC to represent its interest as the single-largest
shareholder. Stein was appointed in 1993 by the Governor of Florida to
serve as a Commissioner on the Florida Real Estate Commission, as well as
Receiver, Examiner, or Trustee in numerous foreclosures or bankruptcies.
Stein has been retained as advisor to financial institutions in connection
with their troubled assets or their intended acquisition of portfolios of
troubled assets. In January 1996, Stein was elected to be the Chairman of
the Commission where he recently concluded his second and final term.
More information about the company and its services can be found on its
website at www.dscorp.net.
About Data Storage Corporation
Through its various properties, Data Storage Corporation (OTCBB : DTST )
delivers and supports a broad range of premium technology solutions which
store, protect, optimize, and leverage information. Clients look to DSC to
manage data growth, ensure disaster recovery and business continuity,
strengthen security, reduce capital and operating expenses, and to meet
increasing industry, state, and federal regulations.
The company serves the government, education, and healthcare industry by
leveraging leading technologies such as Virtualization, Cloud Computing,
Electronic Health Records, Green IT, and Wireless Technology. The company
offers hardware, software, installation, maintenance, managed services,
solutions, and training for building in-house expertise. To protect and
leverage our customers' investments, DSC provides a range of top-quality
professional and consulting services and proactive customer support
directly, as well as, through numerous authorized partner organizations
globally. Additional information about Data Storage Corporation is
available on the company site: http://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).