Good NECK, N.Y., March 21, 2022 /PRNewswire/ — Singularity Potential Technology Ltd. (the “Firm”) (NASDAQ: SGLY) announced it is expanding into a new World-wide-web Details Center (IDC) facility in Cedar Knolls, New Jersey. The Organization will join other foremost companies at the 300,000 sq. foot facility.
Chief Executive Officer, Mr. Yang “Leo” Jie, commented, “This is one more significant phase in Singularity Future Technology’s ongoing technique to accelerate our multi-yr progress and profitability. We feel there is a highly desirable greenfield prospect to leverage our technological innovation abilities, prospects and wholesome monetary placement to develop into a dominant distributed storage assistance service provider in North The usa. We program to spend in this exertion about the coming years as we layer on another progress vector of our expanding cryptocurrency and blockchain-linked corporations.”
The new location will provide as the anchor for Singularity Upcoming Technology’s planned new dispersed storage centre small business, with responsibility for the each day operation and upkeep of the knowledge heart, with secure remote information monitoring. New Jersey was chosen soon after a complete analysis due to its enterprise-pleasant environment and local weather, strong cultural environment, and pool of remarkably experienced workforce from both equally highly regarded universities and primary scientific investigate institutions. New Jersey’s adjacency to New York, and the facility’s capacity to accommodate commercial enlargement all blended to make it an excellent spot to provide as the foundation for developing a large-scale information storage center.
The new IDC facility deal with is:
Singularity Long run Technological innovation Ltd.
9 Wing Travel
Cedar Knolls, NJ 07927
Cell phone: +1-718-888-1814
About Singularity Long run Engineering Ltd.(NASDAQ: SGLY)
On January of 2021, the Company altered its name from Sino-International Delivery The usa, Ltd. to Singularity Long term Technologies Ltd. (NASDAQ: SGLY). Considering that 2020, it has been developing a existence in the revolutionized Blockchain provide administration area by focusing on modern methods for globally interconnected networks and setting up point out-of-the-art crypto mining swimming pools. As the Blockchain landscape constantly shifts, the Enterprise strives to give frictionless involvement and a expansion-enabling ecosystem for its consumers in this ever-switching space. The Company is making on its prolonged keep track of record of achievements as a world wide logistics and ship management companies corporation, started in 2001 in New York, with subsidiaries in New York, Huston, Montreal, Hong Kong, Shanghai, and Ningbo, China. The Company has provided shoppers through the globe with all of their transport logistics and company requirements as a full-assistance company. Further information about the Enterprise can be found on the Firm’s company web page at www.sino-world wide.net.
Sure statements manufactured herein are “forward-searching statements” inside of the which means of the “safe and sound harbor” provisions of the Private Securities Litigation Reform Act of 1995. Forward-searching statements may perhaps be recognized by the use of phrases this sort of as “foresee”, “believe”, “hope”, “estimate”, “system”, “outlook”, and “challenge” and other related expressions that forecast or point out long term situations or trends or that are not statements of historic issues. These types of forward-hunting statements involve SGLY’s estimated and upcoming results of functions, business enterprise approaches, competitive posture, marketplace atmosphere and probable expansion prospects. In addition, there is uncertainty about the distribute of the COVID-19 virus and the effect it will have on SGLY’s operations, the demand from customers for SGLY’s goods and companies, global offer chains and economic exercise in standard. Furthermore, the value of cryptocurrencies may possibly fluctuate drastically above time, and the success of the JV and its goods are not confident. These forward-on the lookout statements replicate the existing assessment of existing details and are subject matter to various dangers and uncertainties. As a consequence, warning have to be exercised in relying on forward-hunting statements. Because of to acknowledged and unidentified threats, our actual benefits may well differ materially from our expectations or projections. All forward-on the lookout statements attributable to the Corporation or persons acting on its behalf are expressly experienced in their entirety by these elements. Other than as needed less than the securities legal guidelines, the Firm does not think a responsibility to update these forward-hunting statements.
Added information regarding these and other elements that may well effect our expectations and projections will be observed in our periodic filings with the SEC, like our Yearly Report on Sort 10-K for the fiscal yr finished June 30, 2021. SGLY’s SEC filings are available publicly on the SEC’s internet site at www.sec.gov. SGLY disclaims any obligation to update the ahead-seeking statements, no matter whether as a consequence of new facts, long term situations or or else.
Source Singularity Long run Technological know-how Ltd.