Great NECK, N.Y., March 21, 2022 /PRNewswire/ — Singularity Potential Engineering Ltd. (the “Enterprise”) (NASDAQ: SGLY) introduced it is increasing into a new World wide web Details Middle (IDC) facility in Cedar Knolls, New Jersey. The Enterprise will be a part of other primary providers at the 300,000 sq. foot facility.
Main Executive Officer, Mr. Yang “Leo” Jie, commented, “This is an additional critical step in Singularity Potential Technology’s ongoing approach to accelerate our multi-calendar year progress and profitability. We imagine there is a very appealing greenfield prospect to leverage our technologies skills, buyers and nutritious economic situation to turn out to be a dominant distributed storage service supplier in North The us. We prepare to devote in this work about the coming many years as we layer on a further advancement vector of our rising cryptocurrency and blockchain-associated organizations.”
The new location will provide as the anchor for Singularity Potential Technology’s prepared new distributed storage centre small business, with accountability for the each day procedure and routine maintenance of the facts heart, with safe distant info checking. New Jersey was chosen following a extensive analysis owing to its enterprise-helpful atmosphere and climate, powerful cultural atmosphere, and pool of highly experienced employees from both of those respected universities and top scientific investigate institutions. New Jersey’s adjacency to New York, and the facility’s capacity to accommodate business expansion all mixed to make it an perfect site to serve as the foundation for constructing a massive-scale info storage center.
The new IDC facility address is:
Singularity Upcoming Technological innovation Ltd.
9 Wing Drive
Cedar Knolls, NJ 07927
About Singularity Upcoming Know-how Ltd.(NASDAQ: SGLY)
On January of 2021, the Business improved its identify from Sino-International Transport America, Ltd. to Singularity Long run Technologies Ltd. (NASDAQ: SGLY). Considering the fact that 2020, it has been producing a existence in the revolutionized Blockchain offer administration place by focusing on revolutionary answers for globally interconnected networks and setting up point out-of-the-artwork crypto mining swimming pools. As the Blockchain landscape regularly shifts, the Enterprise strives to provide frictionless involvement and a development-enabling ecosystem for its consumers in this at any time-shifting house. The Firm is building on its extensive observe document of success as a world-wide logistics and ship management providers firm, established in 2001 in New York, with subsidiaries in New York, Huston, Montreal, Hong Kong, Shanghai, and Ningbo, China. The Organization has provided shoppers throughout the world with all of their delivery logistics and agency requirements as a entire-company company. More data about the Business can be identified on the Firm’s company web-site at www.sino-worldwide.net.
Certain statements made herein are “forward-looking statements” in just the which means of the “safe and sound harbor” provisions of the Private Securities Litigation Reform Act of 1995. Forward-hunting statements may perhaps be discovered by the use of words and phrases these as “foresee”, “imagine”, “anticipate”, “estimate”, “system”, “outlook”, and “project” and other identical expressions that predict or indicate future gatherings or developments or that are not statements of historical matters. This kind of forward-seeking statements include things like SGLY’s estimated and foreseeable future final results of functions, enterprise techniques, competitive position, field natural environment and likely development possibilities. In addition, there is uncertainty about the distribute of the COVID-19 virus and the impression it will have on SGLY’s operations, the desire for SGLY’s products and solutions and expert services, world wide supply chains and financial action in normal. Furthermore, the worth of cryptocurrencies might fluctuate appreciably more than time, and the accomplishment of the JV and its solutions are not confident. These ahead-wanting statements replicate the present-day analysis of present facts and are subject matter to different challenges and uncertainties. As a result, caution will have to be exercised in relying on ahead-searching statements. Thanks to regarded and unfamiliar threats, our real benefits may perhaps vary materially from our anticipations or projections. All ahead-searching statements attributable to the Company or individuals acting on its behalf are expressly skilled in their entirety by these aspects. Other than as required beneath the securities rules, the Corporation does not believe a duty to update these ahead-looking statements.
Extra details about these and other factors that may impact our expectations and projections will be uncovered in our periodic filings with the SEC, together with our Yearly Report on Form 10-K for the fiscal calendar year finished June 30, 2021. SGLY’s SEC filings are accessible publicly on the SEC’s web-site at www.sec.gov. SGLY disclaims any obligation to update the ahead-looking statements, no matter if as a final result of new information and facts, long run gatherings or usually.
Source Singularity Future Engineering Ltd.