Document Security Systems, Inc. ("DSS") Announces Contracts for Cloud Disaster Recovery Services and Data Security
DSS's Cloud Computing Division Awarded County Government Contract for Disaster Recovery
ROCHESTER, N.Y., Nov. 30, 2011 /PRNewswire/ -- DSS (Document Security Systems, Inc.) (NYSE/AMEX:DSS) announced that its digital division has been awarded a disaster recovery services contract by a county government in New York. In addition, the digital division has received a contract from a law firm with offices in Buffalo and Rochester, New York for cloud computing services including the company's AuthentiGuard – DX data security software. No terms of the contracts were disclosed for competitive reasons.
Disaster recovery and data loss prevention is an important business continuity process related to recovery or continuation of technology infrastructure critical to an organization after a disaster such as flood, earthquake, fire, hackers, computer viruses and physical theft of equipment.
ABI Research forecasts that the global market for business continuity and disaster data recovery solutions will grow from $24.3 billion in 2009 to exceed $39 billion in 2015.
DSS customizes each client's private cloud services to provide a highly dependable means of real-time, continuous data protection for servers, desktops, and laptops effortlessly and transparently, without any human intervention.
Once the DSS disaster recovery service is deployed it protects invaluable data against virus, theft, environmental impact, hardware failure, accidental deletion, and more. In Addition, the AuthentiGuard DX security software can further protect data from being read by hackers and unauthorized persons.
DSS's Chief Information Technology Officer, Tim Trueblood stated, "These contracts are just the beginning. As the increasing reliance on digital data expands, the need for protection of that data expands as well. DSS has multiple opportunities for our cloud computing offerings and information security software technologies."
Trueblood continued, "The biggest benefits of DSS's disaster recovery solutions are they are more secure and the cost is less than half of in-house server environments. The client's entire hosted private cloud (including servers, software, network configuration and security) are replicated at a secure DSS offsite disaster recovery location. In addition, our solution has a much faster recovery time of a client's servers while requiring no back up actions on the part of the user. DSS's disaster recovery cloud solution can get a client re-established in just a few hours. Recovery time is therefore short and the client is re-established quickly."
For more information on DSS Disaster Recovery and other cloud computing solutions contact the DSS Digital Division at 585-760-7821
About DSS (Document Security Systems, Inc.)
DSS is comprised of four core operating groups, DSS Plastics Group, DSS Secure Printing Group, DSS Packaging Group and DSS Digital Group. Through these divisions, DSS provides counterfeit prevention and comprehensive brand and digital information protection solutions to corporations, governments, and financial institutions around the world. DSS develops and manufactures products and services containing patented and patent pending optical deterrent technologies that help prevent counterfeiting and brand fraud from the use of the most advanced scanners and copiers in the market.
The Company owns numerous patented and patent-pending technologies and products. DSS uses its covert and overt technologies to protect a wide range of documents including, but not limited to, consumer packaging, vital records, ID Cards/RFID, smart cards, passports, gift certificates, checks and coupons. The Company also protects digital information via secure cloud computing and disaster recovery services. Furthermore, DSS uses its extensive knowledgebase to provide comprehensive brand protection solutions to its customers. From risk analysis and vulnerability assessment, to systems integration and monitoring, DSS offers the advanced tools and knowledgebase needed to protect the world's most valuable and at-risk brands. DSS's customized solutions are designed to protect against product diversion, counterfeit, and other costly and damaging occurrences. In addition, DSS offers commercial printing services. For more information on DSS and its subsidiaries, please visit DSSsecure.com.
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For more information:
Investor Relations
Nicole Acton
585-325-3610
Email: [email protected]
Safe Harbor Statement
The statements contained in this press release that are not purely historical are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended, and are intended to be covered by the safe harbors created thereby. These forward-looking statements include, but are not limited to, statements regarding expectations for future financial performance, potential sales from new and existing customers, expected benefits from the Company's cost cutting efforts and/or statements preceded by, followed by or that include the words "believes," "could," "expects," "anticipates," "estimates," "intends," "plans," "projects," "seeks," or similar expressions, all of which involve uncertainty and risk. Many of these risks and uncertainties are discussed in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2010 filed with the Securities and Exchange Commission (the "SEC"), and in any subsequent reports filed with the SEC, all of which are available at the SEC's website at www.sec.gov. It is possible the company's future financial performance may differ from expectations due to a variety of factors including, but not limited to, the risks referred to above, and changes in economic and business conditions in the world, increased competitive activity, achieving sales levels to fulfill revenue expectations, consolidation among its competitors and customers, technology advancements, unexpected costs and charges, adequate funding for plans, changes in interest and foreign exchange rates, regulatory and other approvals and failure to implement all plans, for whatever reason. It is not possible to foresee or identify all such factors. Any forward-looking statements in this report are based on current conditions; expected future developments and other factors it believes are appropriate in the circumstances. Prospective investors are cautioned that such statements are not a guarantee of future performance and actual results or developments may differ materially from those projected. The company makes no commitment to update any forward-looking statement included herein, or disclose any facts, events or circumstances that may affect the accuracy of any forward-looking statement.
SOURCE Document Security Systems, Inc.
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