Wonderful NECK, N.Y., March 21, 2022 /PRNewswire/ — Singularity Future Engineering Ltd. (the “Business”) (NASDAQ: SGLY) introduced it is expanding into a new Internet Details Centre (IDC) facility in Cedar Knolls, New Jersey. The Corporation will be a part of other leading businesses at the 300,000 square foot facility.
Chief Executive Officer, Mr. Yang “Leo” Jie, commented, “This is an additional critical stage in Singularity Potential Technology’s ongoing system to speed up our multi-yr growth and profitability. We believe there is a hugely appealing greenfield opportunity to leverage our know-how abilities, customers and wholesome money position to come to be a dominant distributed storage provider company in North The usa. We approach to invest in this effort and hard work over the coming years as we layer on yet another advancement vector of our rising cryptocurrency and blockchain-linked companies.”
The new spot will serve as the anchor for Singularity Upcoming Technology’s prepared new dispersed storage centre business, with accountability for the everyday operation and servicing of the knowledge middle, with secure distant knowledge checking. New Jersey was chosen following a complete analysis because of to its business-welcoming surroundings and climate, potent cultural ambiance, and pool of very competent staff from each revered universities and primary scientific study establishments. New Jersey’s adjacency to New York, and the facility’s potential to accommodate business expansion all blended to make it an best site to serve as the foundation for constructing a big-scale knowledge storage centre.
The new IDC facility address is:
Singularity Upcoming Technological know-how Ltd.
9 Wing Push
Cedar Knolls, NJ 07927
About Singularity Long term Know-how Ltd.(NASDAQ: SGLY)
On January of 2021, the Organization transformed its name from Sino-Global Shipping and delivery The united states, Ltd. to Singularity Long run Technologies Ltd. (NASDAQ: SGLY). Given that 2020, it has been creating a existence in the revolutionized Blockchain provide administration spot by concentrating on progressive solutions for globally interconnected networks and developing point out-of-the-artwork crypto mining swimming pools. As the Blockchain landscape frequently shifts, the Enterprise strives to provide frictionless involvement and a progress-enabling ecosystem for its consumers in this ever-transforming space. The Corporation is making on its lengthy keep track of file of success as a international logistics and ship management products and services corporation, launched in 2001 in New York, with subsidiaries in New York, Huston, Montreal, Hong Kong, Shanghai, and Ningbo, China. The Firm has furnished clients all through the earth with all of their shipping logistics and agency requirements as a entire-company provider. Further facts about the Corporation can be identified on the Company’s corporate web site at www.sino-world wide.web.
Ahead-On the lookout Statements
Certain statements built herein are “ahead-seeking statements” within just the meaning of the “safe harbor” provisions of the Non-public Securities Litigation Reform Act of 1995. Ahead-seeking statements may perhaps be determined by the use of text these types of as “anticipate”, “believe”, “assume”, “estimate”, “system”, “outlook”, and “undertaking” and other related expressions that predict or suggest long term activities or trends or that are not statements of historic issues. These kinds of forward-looking statements contain SGLY’s believed and long term outcomes of operations, organization procedures, aggressive posture, business setting and possible progress possibilities. In addition, there is uncertainty about the unfold of the COVID-19 virus and the influence it will have on SGLY’s operations, the demand from customers for SGLY’s products and services, international supply chains and economic exercise in typical. Moreover, the value of cryptocurrencies may well fluctuate drastically over time, and the results of the JV and its items are not certain. These ahead-wanting statements reflect the latest examination of current information and facts and are issue to different pitfalls and uncertainties. As a consequence, warning need to be exercised in relying on forward-searching statements. Because of to known and not known pitfalls, our true outcomes may perhaps vary materially from our anticipations or projections. All ahead-on the lookout statements attributable to the Business or folks acting on its behalf are expressly capable in their entirety by these things. Other than as required beneath the securities legislation, the Company does not believe a obligation to update these ahead-on the lookout statements.
Supplemental details concerning these and other variables that may perhaps impact our expectations and projections will be identified in our periodic filings with the SEC, including our Once-a-year Report on Type 10-K for the fiscal 12 months 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 forward-looking statements, whether or not as a result of new facts, long run gatherings or usually.
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Resource Singularity Potential Technological know-how Ltd.