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Data Storage Corporation Appoints Jerome Naidoo as Strategic Advisor to Advance AI Strategy and Sovereign AI Solutions

Data Storage Corporation appoints Jerome Naidoo as Strategic Advisor to enhance its AI solutions and technology development.

Quiver AI Summary

Data Storage Corporation (Nasdaq: DTST) has announced the appointment of Jerome Naidoo as a Strategic Advisor to enhance its artificial intelligence strategy, particularly for its Sovereign AI Solutions initiative and AI Continuity Control Plane for regulated industries. With over 30 years of experience in software engineering, cybersecurity, distributed systems, and AI, Naidoo's expertise will support the company's goals of providing critical AI infrastructure. CEO Chuck Piluso emphasized the importance of governance and operational continuity in AI deployment. Naidoo expressed enthusiasm for helping DTST develop robust AI technologies as businesses increasingly rely on AI solutions while addressing issues related to recoverability and compliance. Data Storage Corporation continues to explore strategic opportunities in AI infrastructure and other technology markets.

Potential Positives

  • Data Storage Corporation appoints Jerome Naidoo as Strategic Advisor, bringing over 30 years of experience in software engineering, cybersecurity, and AI, which enhances the company's technical leadership in AI infrastructure.
  • Mr. Naidoo's expertise will support the company's Sovereign AI Solutions initiative, aimed at providing critical infrastructure for AI-driven enterprises in regulated industries.
  • The appointment aligns with the company’s long-term strategy of innovation in AI continuity solutions, emphasizing resilience, governance, and operational continuity for businesses.
  • His role is expected to strengthen the company’s market position in AI solutions, potentially leading to strategic partnerships and investments in emerging technology markets.

Potential Negatives

  • The announcement focuses heavily on the appointment of a new strategic advisor, which may indicate a lack of existing strong internal leadership or expertise in AI, raising concerns about the company's current capabilities in this critical area.
  • The heavy emphasis on the need for new investments and initiatives in AI infrastructure could suggest that the company is currently lacking in these areas, which may impact its competitiveness in the evolving technology landscape.
  • The forward-looking statements include numerous disclaimers about the risks and uncertainties of achieving their stated goals, which may signal potential challenges and instill doubt among stakeholders regarding the company's future performance.

FAQ

Who is the new Strategic Advisor at Data Storage Corporation?

Jerome Naidoo has been appointed as the new Strategic Advisor at Data Storage Corporation.

What is Jerome Naidoo's role in the company?

He will advise on artificial intelligence strategy, product architecture, and intellectual property development.

What is the focus of Data Storage Corporation's Sovereign AI Solutions?

The Sovereign AI Solutions focus on providing recovery, resiliency, and compliance for AI-driven enterprises.

How does Jerome Naidoo's experience benefit Data Storage Corporation?

His extensive experience in AI, cybersecurity, and large-scale systems architecture enhances the company’s capabilities in AI infrastructure.

What services does Data Storage Corporation provide?

Data Storage Corporation offers VoIP, internet access, SD-WAN, and data transport services through its subsidiary Nexxis Inc.

Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.


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$DTST Insider Trading Activity

DTST Insider Trades

$DTST insiders have traded $DTST stock on the open market 3 times in the past 6 months. Of those trades, 0 have been purchases and 3 have been sales.

Here’s a breakdown of recent trading of $DTST stock by insiders over the last 6 months:

  • CHARLES M. PILUSO (Chairman and CEO) has made 0 purchases and 3 sales selling 86,958 shares for an estimated $333,309.

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.

$DTST Revenue

DTST Quarterly Revenue

$DTST had revenues of $325.3K in Q4 2025. This is a decrease of -94.93% from the same period in the prior year.

You can track DTST financials on Quiver Quantitative's DTST stock page.

You can access data on DTST stock through the Quiver Quantitative API.

$DTST Hedge Fund Activity

We have seen 3 institutional investors add shares of $DTST stock to their portfolio, and 27 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

Full Release

NEW YORK, July 07, 2026 (GLOBE NEWSWIRE) -- Data Storage Corporation (Nasdaq: DTST) (“DTST” and the “Company”), today announced the appointment of Jerome Naidoo as a Strategic Advisor.

In this role, Mr. Naidoo will advise the Company on artificial intelligence strategy, product architecture, and intellectual property development, supporting its Sovereign AI Solutions ("SaiS") initiative and its AI Continuity Control Plane designed for regulated industries. Mr. Naidoo's appointment reflects the Company's continued investment in the technical leadership and innovation required to support its long-term strategy of delivering critical infrastructure for AI-driven enterprises.

Mr. Naidoo brings more than 30 years of experience in software engineering, cybersecurity, distributed systems, and artificial intelligence. He began his career working with Linux systems, network infrastructure, kernel development, and cybersecurity, designing and securing large-scale computing environments and developing advanced automation technologies. Over the course of his career, he has built deep expertise in software architecture, machine learning, cybersecurity, and enterprise-scale distributed computing, with a focus on transforming complex data into actionable intelligence and developing AI systems that solve real-world business challenges.

“AI is rapidly becoming mission-critical for enterprises, creating new requirements for resilience, governance, and operational continuity,” said Chuck Piluso, Chairman and Chief Executive Officer of Data Storage Corporation. “Jerome’s expertise in AI, cybersecurity, and large-scale systems architecture strengthens our ability to execute on our Sovereign AI Solutions strategy and develop technologies that help organizations deploy AI securely and reliably.”

“I am excited to join Data Storage as it expands its focus on AI infrastructure and continuity solutions,” said Jerome Naidoo. “As AI becomes increasingly embedded in business operations, organizations will require solutions that address recoverability, validation, governance, and compliance. I look forward to helping the Company as they develop technologies that enable enterprises to deploy AI with greater confidence and resilience.”

About Data Storage Corporation

Data Storage Corporation (Nasdaq: DTST), through its subsidiary Nexxis Inc., provides VoIP, internet access, SD-WAN, and data transport services as part of its integrated technology solutions platform. The Company is also pursuing strategic initiatives focused on AI continuity infrastructure for regulated industries, including the planned establishment of Sovereign AI Solutions, which is intended to support recovery, resiliency, and compliance for sovereign AI and AI Factory environments.

DTST continues to evaluate strategic opportunities, including potential investments, partnerships, acquisitions, and other transactions focused on AI infrastructure, cybersecurity, telecommunications, and emerging enterprise technology markets. For more information, visit www.dtst.com.

Safe Harbor Statement
This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, that are intended to be covered by the safe harbor created thereby. Forward-looking statements are subject to risks and uncertainties that could cause actual results, performance or achievements to differ materially from any future results, performance or achievements expressed or implied by such forward-looking statements. Statements preceded by, followed by or that otherwise include the words “believes,” “expects,” “anticipates,” “intends,” “projects,” “estimates,” “plans” and similar expressions or future or conditional verbs such as “will,” “should,” “would,” “may” and “could” are generally forward-looking in nature and not historical facts, although not all forward-looking statements include the foregoing. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, it can provide no assurance that such expectations will prove to have been correct. While DTST believes these forward-looking statements are reasonable, undue reliance should not be placed on any such forward-looking statements, which are based on information available to it on the date of this release. These forward-looking statements are subject to a number of risks and uncertainties, many of which are difficult to predict that could cause actual results to differ materially from current expectations and assumptions from those set forth or implied by any forward-looking statements. These risks should not be construed as exhaustive and should be read together with the other cautionary statements included in the Company’s most recent Annual Report on Form 10-K, subsequent Quarterly Reports on Form 10-Q and Current Reports on Form 8- K filed with the Securities and Exchange Commission. Any forward-looking statement speaks only as of the date on which it was initially made. Except as required by law, the Company assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, changed circumstances or otherwise.

Contact:
Crescendo Communications, LLC
212-671-1020
DTST@crescendo-ir.com


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