Data Deposit Box Inc.

Recent News

HostPapa, Inc. Acquires Data Deposit Box

Toronto, Ontario--(Newsfile Corp. - April 7, 2020) - Data Deposit Box Inc. (CSE: DDB) (OTC Pink: DDBXF) (FSE: 2DD) ("DDB"), a global provider of cloud backup and recovery technology, and HostPapa, Inc. ("HostPapa"), a web technology company specializing in web hosting and cloud services for small businesses, are pleased to announce that the amalgamation transaction (the "Amalgamation") allowing DDB to be acquired by HostPapa, which was previously announced on February 19, 2020, has closed effective the end of business...

2020-04-07 4:03 PM EDT

Data Deposit Box Reports on Data Security Incident

Toronto, Ontario--(Newsfile Corp. - March 27, 2020) - Data Deposit Box Inc. (CSE: DDB) (OTC Pink: DDBXF) (FSE: 2DD) (the "Company"), a global provider of cloud backup and recovery technology reports on a data security breach that occurred in January 2020.On January 5, 2020, Data Deposit Box was contacted and informed by a firm of ethical security researchers that they discovered log files from a limited number of customers that were being stored on an open third-party, cloud-based service. These...

2020-03-27 4:00 PM EDT

Data Deposit Box Inc. Enters Into Agreement to be Acquired by HostPapa, Inc.

Toronto, Ontario--(Newsfile Corp. - February 19, 2020) - Data Deposit Box Inc. (CSE: DDB) (OTC Pink: DDBXF) (FSE: 2DD), a global provider of cloud backup and recovery technology, has signed a combination agreement, following up on the binding letter agreement announced February 6, 2020, to be acquired by HostPapa, Inc., a web technology company specializing in web hosting and cloud services for small businesses. Subject to applicable conditions, Data Deposit Box will amalgamate with a subsidiary of HostPapa, Inc. and...

2020-02-19 4:31 PM EST

Data Deposit Box Inc. Enters Into Agreement to be Acquired by HostPapa, Inc.

Toronto, Ontario--(Newsfile Corp. - February 6, 2020) -  Data Deposit Box Inc. (CSE: DDB) (OTC Pink: DDBXF) (FSE: 2DD), a global provider of cloud backup and recovery technology, has signed a binding letter of intent dated February 6, 2020 to be acquired by HostPapa, Inc., a web technology company specializing in web hosting and cloud services for small businesses. Under the agreement, Data Deposit Box will be amalgamated with a subsidiary of HostPapa, Inc. and, subject to the satisfaction of...

2020-02-06 5:13 PM EST

Data Deposit Box Announces Changes to the Board of Directors

Toronto, Ontario--(Newsfile Corp. - November 19, 2019) - Data Deposit Box Inc. (CSE: DDB) (OTC Pink: DDBXF) (FSE: 2DD) (the "Company"), a global provider of cloud backup and recovery technology, is pleased to announce the appointment of Ms. Louisa Jewell to the Company's board of directors (the "Board"). In addition, the Company announces that Mr. Scott Allen has tendered his resignation as a director of the Company, effective October 31, 2019. The Board would like to thank Mr. Allen for...

2019-11-19 8:19 AM EST

Data Deposit Box Announces Strategic Review

Toronto, Ontario--(Newsfile Corp. - October 2, 2019) - Data Deposit Box Inc. (CSE: DDB) (OTC Pink: DDBXF) (FSE: 2DD) (the "Company"), a global provider of cloud backup and recovery technology, announces that following the announcement of the passing of the Company's founder and Chief Executive Officer, Tim Jewell, its board of directors (the "Board") has determined that it is in the best interest of the Company and its stakeholders to initiate a formal process to explore strategic alternatives.This process...

2019-10-02 8:59 AM EDT

Data Deposit Box Announces Death of CEO Tim Jewell

Toronto, Ontario--(Newsfile Corp. - August 20, 2019) - Data Deposit Box Inc. (CSE: DDB) (OTC Pink: DDBXF) (FSE: 2DD) ("Data Deposit Box "), a global provider of cloud backup and recovery technology, today issued the following statement: "It's with great sadness that we announce that Tim Jewell, Founder and Chief Executive Officer of Data Deposit Box, passed away Sunday August 18th in Toronto, Ontario. The entire Data Deposit Box family mourns this loss. On behalf of our Board...

2019-08-20 11:00 AM EDT

Data Deposit Box Announces Management Change

Toronto, Ontario--(Newsfile Corp. - May 3, 2019) - Data Deposit Box Inc. (CSE: DDB) (OTCQB: DDBXF) (FSE: 2DD) ("Data Deposit Box" or the "Company") announces today that Mr. Tim Jewell, Chief Executive Officer, will take a medical leave of absence, effective May 1, 2019, and that Mr. Siva Cherla, current Chief Financial Officer, has been appointed interim Chief Executive Officer.The Board of Directors would like to wish Mr. Jewell a speedy recovery and have the utmost confidence in Mr. Cherla. The...

2019-05-03 4:30 PM EDT

Data Deposit Box Announces Successful Completion of Warrant Exercise Incentive Program

Toronto, Ontario--(Newsfile Corp. - February 12, 2018) - Further to its press releases dated December 29, 2017 and January 11, 2018, Data Deposit Box Inc. (CSE: DDB) (OTC Pink: DDBXF) (FSE: 2DD) ("Data Deposit Box") is pleased to announce the successful completion of its previously announced warrant exercise program (the "Incentive Program") designed to encourage the early exercise of outstanding unlisted common share purchase warrants (the "Warrants").Under the terms of the Incentive Program, in order to encourage the early voluntary...

2018-02-12 9:47 AM EST

Data Deposit Box Announces Warrant Exercise Incentive Program

Toronto, Ontario--(Newsfile Corp. - December 29, 2017) - Data Deposit Box Inc. (CSE: DDB) (OTC Pink: DDBXF) (FSE: 2DD) ("Data Deposit Box"), a global provider of cloud backup and recovery technology, is pleased to announce a warrant exercise program (the "Incentive Program") designed to encourage the early exercise of its 23,775,594 outstanding unlisted common share purchase warrants (the "Warrants"). Each Warrant is exercisable for one common share in the capital of Data Deposit Box at an exercise price of $0.07,...

2017-12-29 1:40 PM EST

Data Deposit Box Announces Grant of Options

Toronto, Ontario--(Newsfile Corp. - December 12, 2017) - Data Deposit Box Inc. ("Data Deposit Box") (CSE: DDB) (OTC Pink: DDBXF) (FSE: 2DD), a global provider of cloud backup and recovery technology, announces that it has granted to certain directors, officers, employees and consultants of the Company, in accordance with the terms of the Company's stock option plan, an aggregate of 12,300,000 options to purchase common shares of the Company exercisable at a price of $0.05 per common share for a period...

2017-12-12 4:16 PM EST

Data Deposit Box Announces Resignation of Director

Toronto, Ontario--(Newsfile Corp. - September 5, 2017) - Data Deposit Box Inc. (CSE: DDB) (OTC Pink: DDBXF) (FSE: 2DD) ("Data Deposit Box"), a global provider of cloud backup and recovery technology, announces that, further to its press release dated August 30, 2017, effective August 30, 2017 Troy Cheeseman has resigned as a director of Data Deposit Box.Management and the board of directors would like to thank Mr. Cheeseman for his contributions to the board of Data Deposit Box.About Data Deposit...

2017-09-05 5:41 PM EDT

Data Deposit Box Announces Changes in Management

Toronto, Ontario--(Newsfile Corp. - August 30, 2017) - Data Deposit Box Inc. (CSE: DDB) (OTC Pink: DDBXF) (FSE: 2DD) ("Data Deposit Box"), a global provider of cloud backup and recovery technology, announces that effective August 30, 2017 Troy Cheeseman has ceased to act as President and Chief Operating Officer of Data Deposit Box.Management and the board of directors would like to thank Mr. Cheeseman for his contributions to Data Deposit Box.About Data Deposit BoxData Deposit Box, a pioneer of cloud...

2017-08-30 4:32 PM EDT

Data Deposit Box Announces Changes in Management and Appointment to the Board

Toronto, Ontario--(Newsfile Corp. - August 2, 2017) - Data Deposit Box Inc. ("Data Deposit Box") (CSE: DDB) (OTC Pink: DDBXF) (FSE: 2DD), a global provider of cloud backup and recovery technology, announces that effective August 1, 2017 Marco Guidi has resigned as Chief Financial Officer of Data Deposit Box, and Siva Cherla has been appointed as Chief Financial Officer and as a director of Data Deposit Box.Mr. Cherla has over 20 years of diverse experience working with private and public...

2017-08-02 1:37 PM EDT

Data Deposit Box Announces Director Resignation

Toronto, Ontario--(Newsfile Corp. - June 23, 2017) - Data Deposit Box Inc. (CSE: DDB) (OTC Pink: DDBXF) (FSE: 2DD) ("Data Deposit Box"), a global provider of cloud backup and recovery technology, announces that effective June 22, 2017 John McBride has resigned as a director of Data Deposit Box.Management and the board of directors of Data Deposit Box would like to thank Mr. McBride for his contributions to Data Deposit Box.About Data Deposit BoxData Deposit Box, a pioneer of cloud backup...

2017-06-23 5:30 PM EDT

Data Deposit Box Announces Board Change

Toronto,Ontario--(Newsfile Corp. - May 9, 2017) - Data Deposit Box Inc. (CSE: DDB) (OTC Pink: DDBXF) (FSE: 2DD) ("Data Deposit Box"), a global provider of cloud backup and recovery technology, announces that effective May 1, 2017, Chris Irwin resigned as a director of Data Deposit Box and John McBride was appointed as a director to fill the vacancy.Management and the board of directors of Data Deposit Box would like to thank Mr. Irwin for his contributions to Data Deposit Box.Mr....

2017-05-09 12:56 PM EDT

Data Deposit Box Announces Private Placement and Closing

Toronto, Ontario--(Newsfile Corp. - March 15, 2017) - Data Deposit Box Inc. (CSE: DDB) (OTC Pink: DDBXF) (FSE: 2DD) (the "Company"), a global provider of cloud backup and recovery technology, is pleased to announce that it has closed a non-brokered private placement financing (the "Offering") of 9,072,726 units (each, a "Unit") at a price of $0.055 per Unit for gross proceeds of $498,999.93.Each Unit consists of one common share in the capital of the Company (a "Common Share") and one...

2017-03-15 4:51 PM EDT

Data Deposit Box Announces Completion of Private Placement Raising Aggregate Gross Proceeds of $1,495,622

Toronto, Ontario--(Newsfile Corp. - December 28, 2016) - Data Deposit Box Inc. (CSE: DDB) (OTCQB: DDBXF) (FSE: 2DD) (the "Company"), a global provider of cloud backup and recovery technology, is pleased to announce, further to its press release dated November 11, 2016, the completion of its non-brokered private placement financing (the "Offering").The Company is pleased to announced that it has completed the second and final tranche (the "Second Tranche") of the Offering effective today, issuing 14,469,498 units (each, a "Unit")...

2016-12-28 5:37 PM EST

Data Deposit Box Adopts Advance Notice Policy

Toronto, Ontario--(Newsfile Corp. - November 16, 2016) - Data Deposit Box Inc. (CSE: DDB) (OTCQB: DDBXF) (FSE: 2DD) (the "Company"), a global provider of cloud backup and recovery technology, announces that, effective November 14, 2016, the board of directors of the Company (the "Board") approved and adopted an advance notice policy (the "Policy").The Advance Notice Policy includes, among other things, a provision that requires advance notice be given to the Company in circumstances where nominations of persons for election...

2016-11-16 12:33 PM EST

Data Deposit Box Announces Private Placement and First Closing

Toronto, Ontario--(Newsfile Corp. - November 11, 2016) - Data Deposit Box Inc (CSE: DDB) (OTCQB: DDBXF) (FSE: 2DD). (the "Company"), a global provider of cloud backup and recovery technology, is pleased to announce a non-brokered private placement financing (the "Offering") of up to 45,454,545 units (each, a "Unit") at a price of $0.055 per Unit for gross proceeds of up to $2,500,000. Each Unit consists of one common share in the capital of the Company (a "Common Share") and...

2016-11-11 4:15 PM EST

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