PLANO, TX (February 17, 2006) - DataTreasury Corporation has moved its headquarters location here from Long Island, where it had its start in 1998 and was based the past eight years.
The privately held DataTreasury has signed a five-year lease at 2301 West Plano Parkway here and will occupy the space beginning this May. Terms of the agreement were not disclosed.
The company continues to occupy temporary office space at 101 East Park Blvd., Suite 600 in Plano (Tel. 972.516.3818), where it has maintained a presence since last October.
The move from Melville, NY coincided with the expiration of the company's lease and the desire to be in the Dallas/Fort Worth corridor, nationally recognized as a emerging technology hub, while at the same time, being in close proximity to its Texas-based legal counsel -- Nix Patterson & Roach and The Rod Cooper Law Firm -- to better support its ongoing patent litigation and licensing strategy.
"Much of senior management's time the past four years has been spent in Texas where the courts have been handling our landmark actions," said Chief Executive Officer Keith DeLucia. "This made it a natural for us to relocate. And, having access to our legal team and other talented professionals is an extra bonus. We've also felt very much at home in the Lone Star State and have planted roots here for the long-term future."
About DataTreasury Corporation
A privately owned company, DataTreasury was formed in 1998 and is built around the patents covering its "Global Repository Platform," which is the world's most functional and secure informational management system. DataTreasury was issued the patents in 1999 and 2000 for image capture, centralized processing and electronic storage of document and check information. Several countries have recognized the patentability of this technology, and DataTreasury has many other pending patent applications surrounding this system. See www.datatreasury.com for further information
CONTACT: Andrew Edson & Associates, Inc. Andrew Edson, 516-850-3195 Andrew@EdsonPR.com or DataTreasury Corporation Claudio Ballard, 972-516-3818 email@example.com