Southridge Partners II Enters Into A $20 Million Equity Purchase Agreement With Data Storage Corporation
November 29, 2011

RIDGEFIELD, CT, November 29, 2011 – Stephen Hicks, Managing Member of Southridge, announced today that Southridge Partners II LP ("Southridge"), an institutional investor, has entered into a $20 million equity purchase agreement with Data Storage Corporation.

Headquartered in Garden City, New York, Data Storage Corporation (OTCBB: DTST), global information technology solution provider, strives to assist companies in managing data growth, ensuring disaster recovery and business continuity, strengthening security, and meeting increasing industry, state, and federal regulations. The company leverages leading technologies such as Virtualization, Cloud Computing, Electronic Health Records, Green IT, and Wireless. Data Storage Corporation markets to the government, education, and healthcare industries. To protect and leverage its customers’ investments, Data Storage Corporation provides a range of top-quality professional services and proactive customer support; directly, as well as through authorized partner organizations globally.

Southridge seeks investments in emerging growth areas, domestically and in international markets. Southridge has successfully participated in providing over $1.7 billion in capital to companies in the United States, Asia, Canada, the United Kingdom and Australia amongst other markets.

About Southridge

Southridge is a diversified financial holding company specializing in direct investment and advisory services to small and middle market companies.

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