The Company develops, sells and supports affordable software that reduces downtime and protects data for business-critical systems.
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I’m very excited about Double-Take. This is a company that recognizes the importance of data backup and recovery, and they have done well to earn a profit from it. Just last week, DBTK purchased a company called “TimeSpring”. Earlier in 2007 I actually met and had a conversation with the (now former) President and CEO of TimeSpring. Her name is Janae Lee. Data backup and DR is not even a part of my regular day job (I’m a network engineer). But when I saw what TimeSpring’s technology does and how beneficial it will be for businesses, and hearing Janae’s answers to my tough line of questioning, I was instantly sold. This is “the” future of data backup and recovery. The fact that Double-Take saw this and took the opportunity to buy up TimeSpring should tell you something. It definitely told me something. That, plus some great financial stat’s (like almost zero debt), is why DBTK is a good buy.