Older Press Releases
2006
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December 1, 2006 BLUEPOINT DATA STORAGE, INC. REPORTS 140% INCREASE IN Q3 2006 REVENUE AND 119% INCREASE IN GROSS PROFITSAnnounced today 140% growth in third quarter 2006 revenue versus the same period in 2005, and increased gross profits by 119% for the same year-over-year comparison. |
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October 10, 2006 BLUEPOINT DATA ANNOUNCES TSX VENTURE EXCHANGE CONDITIONALReceives Conditional Approval from the TSX Venture Exchange to complete its proposed acquisition of Champion Managed Services, Inc. (“CMS”) as was previously announced on June 30, 2006. |
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August 31, 2006 BLUEPOINT DATA STORAGE REPORTS RECORD Q2 RESULTS WITH 86% REVENUE GROWTH AND 98% INCREASE IN GROSS PROFITToday confirmed that financial services organizations are racing to ensure strict compliance with NASD and SEC regulations for email and instant message (IM) communications. |
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July 18, 2006 BLUEPOINT DATA SIGNS MANAGED SERVICES CONTRACT IN EXCESS OF $10 MILLION AND PROVIDES CMS ACQUISITION UPDATEAnnounces the signing of a managed services contract in excess of US$10M over a seven (7) year term to provide 24 X 7 server management, primary data storage capacity, and data protection (back-up) services in partnership with IBM Global Services (IGS). The full implementation is scheduled to begin in January and completed by April 2007. |
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June 30, 2006 BLUEPOINT DATA ANNOUNCES PROPOSED ACQUISITION OF CHAMPION MANAGED SERVICES, INC.Announces an agreement dated June 30, 2006 to acquire Champion Managed Services, Inc. ("CMS") a Florida corporation in exchange for the issuance from treasury of 22,211,702 BLP common shares to CMS shareholders. The value of these shares is approximated at Cad$6,219,277 based on the June 30, 2006 closing price of Cad$0.28 per share on the TSX Venture Exchange (the "Exchange"). This issuance will result in 44,423,406 common shares outstanding and the Company will continue to trade on the Exchange under the "BLP" symbol. |
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May 24, 2006 BLUEPOINT DATA STORAGE REPORTS 82% REVENUE GROWTH AND 57% GROSS PROFIT MARGINS IN 2005Announced 82% growth in Revenue from $1,070,000 in Fiscal 2004, to $1,950,000 in Fiscal 2005 (fiscal year ending December 31st). In addition, the Company reports a 165% increase in gross profit margins from $422K in 2004, to $1.1M in 2005. Gross profit margins for the year increased from 39% in 2004, to 57% in 2005. |
2005
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October 18, 2005 BLUEPOINT DATA STORAGE ANNOUNCES OVER-SUBSCRIPTION AND COMPLETION OF MANAGEMENT LED FINANCINGBluePoint announces the over-subscription and completion of a private placement led by the management team. The private placement offering was over-subscribed by 25% for a total sale of 2,500,000 common shares at CAD$0.20 per share, for total gross proceeds of CAD$500,000 with no warrant. |
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August 23, 2005 BLUEPOINT DATA STORAGE ANNOUNCES MANAGEMENT LED FINANCING AND SECOND QUARTER 2005 FINANCIAL RESULTSAnnounced a private placement led by the management team. The financing is to provide additional working capital. The private placement offering is for 2,000,000 common shares at a price of CAD$0.20 per share, for total gross proceeds of up to CAD$400,000. The placement will close in multiple tranches and is expected to complete by September 30, 2005. |
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June 2, 2005 BLUEPOINT DATA STORAGE REPORTS 98% REVENUE GROWTH AND FIRST POSITIVE NET INCOME QUARTER (MARCH 31, 2005)Announced today that revenue for the quarter ended March 31, 2005 increased 98% from the same quarter in 2004. Increased revenues combined with efficiencies gained from the extensive deployment of the company's proprietary Osmosis™ technology resulted in the company's first profitable quarter. |
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January 25, 2005 BLUEPOINT DATA STORAGE ANNOUNCES GLOBAL OFFERING AND WIDE PENETRATION IN US MARKETBluePoint announces that it has installed its 200th location and has successfully launched it's global offering with completed installations in five (5) countries. BluePoint Data Storage, Inc. reports that is has achieved a milestone in having installed their DataSafe™ services in over 200 locations, worldwide. |
2004
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December 9, 2004 BLUEPOINT DATA STORAGE COMPLETES PRIVATE PLACEMENT WITH A 20% OVERSUBSCRIPTIONannounced the completion of a Private Placement of 6,000,000 units at CAD$0.10 per share for total net proceeds of CAD$600,000. This represented an oversubscription of CAD$100,000 or 20% of the initial placement. |
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October 1, 2004 BLUEPOINT DATA STORAGE ANNOUNCES NEW FINANCINGToday announced a private placement. The financing is to provide additional working capital to support customer growth. The non-brokered private placement offering is for up to 5,000,000 units at a price of US$0.10 per unit, for total gross proceeds of up to US$500,000. Each unit consists of one common share. |
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June 8, 2004 BLUEPOINT DATA STORAGE REPORTS 200% REVENUE INCREASE, NEW CUSTOMERS AND 2004 POSITIVE CASH FLOW PROJECTIONAnnounced today that revenue for the period ending March 31, 2004 was up 202% over the same period in 2003. Increased revenues combined with lower expenses, has resulted in dramatic reductions in loss per share for the quarter. |
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February 17, 2004 BLUEPOINT DATA STORAGE REPORTS REVENUES UP 217%, PROJECTS POSITIVE CASH FLOW IN 2004Announced today that revenue for 2003 was 217% of 2002 revenue. The company goes on to say that they achieved positive gross margins in the fourth quarter of 2003 and, based on recent trends and anticipated contract renewals, the company expects to become cash flow positive within 2004. |
2003
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December 10, 2003 BLUEPOINT DATA STORAGE ANNOUNCES FORTUNE 100 CUSTOMER AND Q3 RESULTSannounced that it has begun the installation of their DataSafe™ data protection service for a Fortune 100 customer. The company also reports that the deal was closed in conjunction with IBM. The company goes on to say that their proprietary Sonar™ and Osmosis™ technologies were key in winning the business and delivering the service, and that their solution prevailed in a head-to-head "bake-off" with other competitors. |
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November 11, 2003 BLUEPOINT DATA STORAGE CLOSES 100% OF MANAGEMENT LED FINANCINGToday a nnounced closure of the private placement announced on October 10, 2003. The private placement is 100% subscribed and all associated funds have been deposited in the company's operating accounts. |
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October 10, 2003 BLUEPOINT DATA STORAGE ANNOUNCES MANAGEMENT LED FINANCINGAnnounces a private placement led by the management team. The financing is to provide additional working capital. |
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July 23, 2003 BLUEPOINT DATA STORAGE REPORTS 31% REVENUE GROWTH FOR 2Q'03today released a business update including revenue growth from 1Q'03 to 2Q'03 and success with new product offerings and proprietary technology. |
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April 14, 2003 BLUEPOINT DATA STORAGE BUSINESS UPDATE - GROWTH IN REVENUE, NEW CUSTOMERS AND PROPRIETARY TECHNOLOGYToday released a business update detailing new product offerings, additional customers and a proprietary technology that promises further market penetration and increased margins. |
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March 20, 2003 CONSULTIS SELECTS BLUEPOINT DATA STORAGE'S MANAGED SERVICES SUITE AND DATA PROTECTION SERVICESAnnounces that Consultis, Inc. has selected Bluepoint's suite of managed DataSafe™ services for the Boca Raton-based IT Staffing firm. |
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February 13, 2003 REALTICORP® SELECTS BLUEPOINT DATA STORAGE MULIT-OFFSITE DATASAFETM SOLUTIONAnnounces that RealtiCorp® has selected BluePoint's DataSafe™ data protection service for 13 servers in 7 states across the country. The agreement provides RealtiCorp® with 100% guaranteed and daily-confirmed backups. |
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February 4, 2003 BLUEPOINT DATA STORAGE ANNOUNCES NEW TECHNOLOGYAnnounced the release of a new proprietary data analysis application named Sonar. Sonar is a cross-platform analysis tool that monitors data change rates, change volume, deletions and usage patterns such that storage solutions can be optimized to customers' true needs. |
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January 31, 2003 STORAGE ACCESS CHANGES NAME TO BLUEPOINT DATA STORAGE, COMPLETES REVERSE STOCK SPLIT AND ANNOUNCES NEW CUSTOMERSBluePoint Data Storage, formerly Storage @ccess Technologies Inc., today announced that it has completed its previously announced name change and 6:1 reverse stock split. BluePoint's post-reverse split shares began trading on the TSX Venture Exchange today under the symbol "BLP". |
2002
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December 20, 2002 STORAGE ACCESS ANNOUNCES SHAREHOLDER APPROVAL OF 6:1 REVERSE STOCK SPLIT AND NAME CHANGEAnnounced that the shareholders have approved the proposed reverse stock split by a vote of 30,556,394 for and 262,350 against. Shareholders also approved a name change, as required by the TSX Venture Exchange, to BluePoint Data Storage, Inc. by a vote of 30,715,584 for and 103,600 against. |
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November 25, 2002 STORAGE ACCESS BOARD APPROVES 6:1 REVERSE STOCK SPLIT, NAME CHANGE AND ACCELERATED GROWTHToday announced that the Board of Directors has approved a reverse stock split and established a ratio of 1 for 6. The Board also approved a name change, as required by the TSX Venture Exchange, to BluePoint Data Storage, Inc. |
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September 12, 2002 STORAGE ACCESS GROWTH UPDATE - NEW BUSINESS DEVELOPMENT, INCREASED CUSTOMER PENETRATIONStorage Access offers a new business development update detailing two new customers and increased penetration with existing storage utility subscribers. |
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September 5, 2002 STORAGE ACCESS BUSINESS UPDATE - GROWTH IN REVENUE, NEW CUSTOMERS, STRENGTHENED MANAGEMENT TEAMToday provided a business update detailing new product offerings, 21 customers with recurring revenue, five partners with signed customers, additional optimization of operations and a strengthened management team. |
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July 9, 2002 STORAGE ACCESS LAUNCHES THE BUSINESS CONTINUANCE NETWORKAnounces the launch of the Business Continuance Network (BCN), the industry's first disaster recovery network that is fully dedicated to supporting business continuance and disaster recovery strategies. |
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June 26, 2002 STORAGE ACCESS APPOINTS PAUL SACHSE TO CEOAnnounced the appointment of Paul Sachse as Chief Executive Officer effective July 1st, 2002. Mr. Sachse took over as President and Chief Technology Officer in August 2001 and his new title will be President and CEO, Storage Access. |
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June 17, 2002 STORAGE ACCESS ANNOUNCES FREE HURRICANE SEMINARS TO BE HELD IN SOUTH FLORIDA JUNE 27 & 28Announced that it has begun beta testing its IMConferencing (IMC) product, the first real-time collaboration application that seamlessly integrates the immediacy of instant messaging (IM) with the powerful features of traditional web conferencing. |
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June 12, 2002 STORAGE ACCESS INC. LAUNCHES ASAP DATA STORAGE SERVICES BASED ON CISCO EQUIPMENT THAT PROVIDE BENEFITS TO CUSTOMERS THROUGHPUT IN THE USToday announced that it is offering its ASAP™ suite of services on a Cisco (NASDAQ:CSCO) network to business customers throughout the US. In addition, Storage Access' ASAP services have been designated as a Cisco Powered Network service. |
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June 6, 2002 STORAGE ACCESS TECNOLOGIES, INC. ADDS CUSTOMERELITE OUTSOURCING GROUP SELECTS STORAGE ACCESS ASAP DATA PROTECTIONAnnounced the implementation of ASAP Data Storage Services for Elite Outsourcing Group, the fourth customer to purchase these services in the Atlanta area. |
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June 4, 2002 STORAGE ACCESS TECNOLOGIES, INC. ADDS CUSTOMER IN LEGAL VERTICAL MARKETAnnounced today that it has signed Sax, Sachs and Klein, another customer in the legal/intellectual property market segment, to a multi-year contract for its ASAP Data Protection service. |
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May 29, 2002 STORAGE ACCESS BUSINESS UPDATE- NEW PRODUCT OFFERING, GROWTH IN REVENUE AND NEW PARTNER RELATIONSHIPSToday provided a business update detailing new product offerings, fourteen customers with recurring revenue, two partners with minimum revenue commitments and attained cost structure improvements projected to allow the company to reach profitability without additional financing. |
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May 28, 2002 STORAGE ACCESS TECHNOLOGIES, INC. DEPLOYS STORAGE UTILITY IN THE ATLANTA METROPOLITAN AREAAnnounced today that it has deployed a storage utility in the greater Atlanta metropolitan area. This utility is currently providing capacity on demand services to customers in the Atlanta area and data protection services to customers in the eastern United States. |
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May 21, 2002 STORAGE ACCESS ANNOUNCES NEWLY APPOINTED DIRECTOR OF TECHNICAL SERVICES FOR MONROE COUNTY TO SPEAK AT FREE HURRICANE SEMINAR HELD JUNE 7 AT HAWK'S CAY RESORTToday announced the agenda and speakers for the June 7 Hurricane seminar at Hawk's Cay Resort in Duck Key, FL |
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April 25, 2002 STORAGE ACCESS ANNOUNCES FREE SEMINAR SERIES - "HURRICANE PROTECTION FOR IT INFRASTRUCTURE: PREPAREDNESS AND RECOVERY"Announced the dates and locations for its free seminar series, "Hurricane Protection for IT Infrastructure: Preparedness and Recovery." |
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April 12, 2002 STORAGE ACCESS ANNOUNCES 2001 FOURTH QUARTER AND YEAR END RESULTSAnnounced revenues in the fourth quarter ended December 31, 2001 from the roll-out of its ASAP™ storage solution products. |
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April 4, 2002 STORAGE ACCESS INC. SELECTED AS IBM XSP PRIME HOSTING PARTICIPANTAnnounced that it has been approved as an IBM xSP Prime Hosting participant. Storage Access deploys state-of-the-art technology infrastructure-based services. By attaining IBM xSP Prime Hosting status, Storage Access earns access to IBM's regional sales teams. |
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March 27, 2002 STORAGE ACCESS ANNOUNCES EMPLOYEE STOCK PURCHASE, CHANGES TO ITS BOARD OF DIRECTORSAnnounced today the purchase on the open market of 867,500 shares of Storage Access Technologies Inc. common stock by management and employees. |
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March 26, 2002 STORAGE ACCESS ANNOUNCES FIRST CUSTOMER IN HOSPITALITY VERTICAL MARKETAnnounced today the first customer in the hospitality vertical market: Hawk's Cay Resort, located on Duck Key in Monroe County, Florida |
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March 22, 2002 STORAGE ACCESS ANNOUNCES FIRST CUSTOMER IN LEGAL VERTICAL VIA PARTNER CHANNELAnnounced today a new partnership with Entre Business Technology Group (Entre BTG). |
