Prince Street Capital Management Reports Asigra-Empowered Managed Backup Services Delivered by DSC

March 28, 2008; 12:47 AM

Asigra Inc., the technology leader in information recovery management with the only agentless recovery platform that empowers global integrators, outsourcers and service providers to protect the entire enterprise, today announced that Prince Street Capital Management has selected Data Storage Corporation (DSC) to deliver Asigra-empowered managed backup services. Prince Street Capital Management relies upon its business applications and data to be available for its high-performing organization and utilizes Data Storage Corporation’s secure, efficient and reliable managed backup services to ensure business continuity.

Prince Street Capital Management, founded in New York in 2001 with offices in New York City and Singapore, has $300 Million in assets under management and is in the business of hedged and unhedged investing in emerging and frontier markets. The company’s Microsoft Exchange-based email is a mission-critical business communications tool for the company, and as such, Prince Street Capital Management requires comprehensive and rapid Exchange-based recovery as part of the organization’s overall data backup and recovery solution.

According to Peter McKown, Chief Financial Officer at Prince Street Capital Management, “Email is the lifeblood of our organization as it keeps us connected with brokers, investors and colleagues. In our quest to implement an appropriate backup and recovery solution, fast recovery of Microsoft Exchange data was a key determinant in our decision-making process. With the selection of Data Storage Corporation as our managed backup and recovery services partner, our business requirements are met and service levels are beyond expectations.”

As part of Prince Street Capital Management’s business continuity requirements, it was important that corporate information be protected offsite in case of an onsite data loss event. Data Storage Corporation provides an offsite data storage vault that ensures safe remote storage and rapid recovery of information.

“We currently protect Prince Street Capital Management’s Exchange 2003 data which is stored offsite at our vault and further replicated to our Disaster Recovery facility over 1,000 miles away. With Asigra as our backup service software platform, recovery time is minimal since we are able to provide recovery of select mailboxes or emails, instead of having to unnecessarily restore the entire Exchange database,” said Jason Nocco, Vice President at DSC. “For an organization like Prince Street Capital Management, where time is money and lack of access to email means a decline in revenue, rapid information recovery is critical. Our managed backup services allow customers to easily meet their recovery time objectives.”

The Asigra-empowered managed backup and recovery service by DSC delivers significant value to Prince Street Capital Management in several ways, including:

• Rapid Microsoft Exchange-based Recovery: WAN-optimized return of all missing emails at the message or brick level for recovery in minutes;
• AES 256 Encrypted Offsite Storage: Safe and secure remote storage of information at the DSC vault;
• Low-Touch Ease-of-Use: Managed backup removes the complexity of traditional onsite backup processes performed internally and ensures that backups are conducted without fail; and
• Business Friendly Pricing Model: DSC’s pricing model is based on the amount of data stored – a pay-as-you-grow model for growing businesses.

“Organizations like Prince Street Capital Management are seeking reliable, secure, and highly efficient solutions that meet the challenges of maintaining enterprise information recovery management,” said Joseph Jeter, Chief Sales Officer for Asigra Inc. “Asigra has and will continue to set the standard by which all other backup service software platforms are measured.”

About Prince Street Capital Management

Prince Street Capital Management is an investment management firm focused on frontier and emerging market investments.  Headquartered in New York City, Prince Street manages approximately $300 million and employs 10 people.  Established in January 2001 by David Halpert and Peter McKown, the Prince Street investment team travel extensively to the countries where the firm invests.  The Prince Street team represents 5 different nationalities and collectively speaks over 10 different languages.  Prince Street is a registered investment adviser with the US Securities and Exchange Commission.

About Data Storage Corporation
Data Storage Corporation is a boutique service provider dedicated to fulfilling its clients’ regulatory requirements as well as investing in the best IT licensed software and the best-of-breed hardware in the industry. DSC clients are protected against hard drive failures, accidental deletions, employee abuse, hacking, viruses and disasters. With the advent of statutory and regulatory compliance requirements, such as HIPAA and Sarbanes-Oxley, DSC provides a full spectrum of data protection services. For more information, visit www.dscorp.net.

About Asigra
Asigra is the award-winning leader in information recovery management enabling global integrators, outsourcers and service providers to protect the entire enterprise. Asigra Televaulting™, the company’s agentless information recovery platform, is in use by hundreds of global service providers who deliver managed backup services to protect more than 50,000 locations internationally. Televaulting provides simple, centralized management of the information recovery process, ensuring information availability while eliminating the capital and operational expenses associated with agent-based solutions. Founded in 1986, Asigra is headquartered in Toronto, Canada, with partner offices around the world. For more information, visit www.asigra.com.

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