Great NECK, N.Y., March 21, 2022 /PRNewswire/ — Singularity Foreseeable future Technologies Ltd. (the “Enterprise”) (NASDAQ: SGLY) announced it is increasing into a new Internet Information Heart (IDC) facility in Cedar Knolls, New Jersey. The Company will sign up for other top businesses at the 300,000 square foot facility.
Chief Govt Officer, Mr. Yang “Leo” Jie, commented, “This is a further critical action in Singularity Long term Technology’s ongoing technique to accelerate our multi-calendar year expansion and profitability. We believe that there is a remarkably appealing greenfield option to leverage our know-how experience, prospects and nutritious financial placement to grow to be a dominant distributed storage service service provider in North The united states. We prepare to spend in this effort and hard work above the coming years as we layer on a further advancement vector of our escalating cryptocurrency and blockchain-relevant corporations.”
The new locale will provide as the anchor for Singularity Future Technology’s planned new dispersed storage middle business, with obligation for the everyday operation and routine maintenance of the knowledge middle, with secure remote facts monitoring. New Jersey was chosen immediately after a thorough analysis because of to its business-friendly atmosphere and local climate, strong cultural ambiance, and pool of very qualified staff members from both equally revered universities and major scientific investigate establishments. New Jersey’s adjacency to New York, and the facility’s skill to accommodate business growth all blended to make it an best site to provide as the foundation for setting up a substantial-scale details storage middle.
The new IDC facility handle is:
Singularity Future Technologies Ltd.
9 Wing Push
Cedar Knolls, NJ 07927
Cell phone: +1-718-888-1814
About Singularity Foreseeable future Technological know-how Ltd.(NASDAQ: SGLY)
On January of 2021, the Business improved its title from Sino-Global Transport The united states, Ltd. to Singularity Potential Know-how Ltd. (NASDAQ: SGLY). Since 2020, it has been acquiring a presence in the revolutionized Blockchain provide management region by concentrating on modern options for globally interconnected networks and setting up condition-of-the-artwork crypto mining pools. As the Blockchain landscape regularly shifts, the Enterprise strives to present frictionless involvement and a growth-enabling ecosystem for its shoppers in this ever-switching space. The Business is making on its long monitor record of achievements as a global logistics and ship management products and services organization, launched in 2001 in New York, with subsidiaries in New York, Huston, Montreal, Hong Kong, Shanghai, and Ningbo, China. The Business has supplied customers in the course of the globe with all of their shipping logistics and company requirements as a total-company supplier. Supplemental info about the Firm can be discovered on the Firm’s corporate web site at www.sino-international.net.
Ahead-On the lookout Statements
Specified statements produced herein are “ahead-wanting statements” within the meaning of the “risk-free harbor” provisions of the Personal Securities Litigation Reform Act of 1995. Forward-wanting statements may possibly be discovered by the use of words these types of as “anticipate”, “consider”, “expect”, “estimate”, “program”, “outlook”, and “task” and other identical expressions that predict or reveal future situations or tendencies or that are not statements of historic issues. This sort of forward-wanting statements include things like SGLY’s estimated and long run success of functions, business techniques, competitive place, marketplace atmosphere and potential growth chances. In addition, there is uncertainty about the unfold of the COVID-19 virus and the influence it will have on SGLY’s functions, the need for SGLY’s solutions and expert services, world wide supply chains and economic exercise in standard. What’s more, the price of cryptocurrencies may well fluctuate substantially more than time, and the success of the JV and its products are not certain. These ahead-seeking statements reflect the recent evaluation of existing data and are matter to many threats and uncertainties. As a consequence, warning must be exercised in relying on ahead-hunting statements. Owing to acknowledged and unfamiliar dangers, our precise outcomes may well differ materially from our anticipations or projections. All ahead-hunting statements attributable to the Business or people performing on its behalf are expressly qualified in their entirety by these elements. Other than as demanded less than the securities regulations, the Company does not presume a responsibility to update these ahead-on the lookout statements.
Extra facts relating to these and other aspects that may possibly impact our anticipations and projections will be identified in our periodic filings with the SEC, which includes our Once-a-year Report on Sort 10-K for the fiscal calendar year finished June 30, 2021. SGLY’s SEC filings are available publicly on the SEC’s web site at www.sec.gov. SGLY disclaims any obligation to update the forward-looking statements, no matter if as a result of new data, long run events or usually.
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