Carrier Connect Data Solutions Signs Major IoT Services and AI Company to Five Year Contract



 

VANCOUVER, British Columbia – TheNewswire - June 3, 2025 – Carrier Connect Data Solutions Inc. (TSX.V:CCDS; WKN:A40XB1) (the “Company” or “Carrier”), an innovative Canadian data center service provider, is pleased to announce that on May 29, 2025 it signed a major Canadian IoT Services and AI company to a 5 year base level $416,500 contract utilizing direct liquid cooling within our 200 Burrard Street facility.

 

This contract is the minimal base setup and includes a private data suite for their advanced servers utilizing direct liquid cooling. The possible expansion within their private data suite is expected to drive further revenue. Carrier’s data center is uniquely positioned to attract this client, and further AI clients, by our ability to offer direct liquid cooling solutions not typically offered by competing data centers in Vancouver.

 

Management Commentary

 

“We are very pleased to add our first direct liquid cooling client and enable a private data suite for their business expansion over the coming years,” commented Johan Arnet, CTO. “Carrier prides itself on being customer friendly, and meeting their technical needs on a 1-1 basis, and not just offering cookie cutter solutions which has become the norm in the industry. We look forward to adding further such clients in the coming months.”

 

About Carrier Connect Data Solutions Inc.

 

The Company operates a Tier II/III data center located in downtown Vancouver, British Columbia, and specializes in delivering co-location and data center solutions to service providers, enterprises and small businesses. Data centers are the physical locations that store computing machines and their related hardware equipment, such as servers, data storage drives, and network equipment. As a carrier-neutral facility, Company’s systems are fully independent and owned outright within its leased space. The current principal market for the Company is the Vancouver Metropolitan Area, where it serves clients who use its facility either as their primary datacenter or as an ancillary site depending on their needs.

 

ON BEHALF OF THE BOARD OF DIRECTORS

 

“Mark Binns”

 

Mark Binns, CEO

 

For further information, please contact:

 

Attention: Mark Binns, CEO

Email: mark@carrierconnectds.com  

Phone: 778-945-1074

 

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy of this release.

 

Cautionary Statement Regarding Forward-Looking Information

 

This news release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. “Forward-looking information” includes, but is not limited to, statements with respect to the activities, events or developments that the Company expects or anticipates will or may occur in the future, including, without limitation, statements with respect to the completion of the Acquisition. Generally, but not always, forward-looking information and statements can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or the negative connotation thereof or variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved” or the negative connotation thereof. Such forward-looking information is based on numerous assumptions, including among others, that general business and economic conditions will not change in a material adverse manner. Although the assumptions made by the Company in providing forward-looking information are considered reasonable by management at the time, there can be no assurance that such assumptions will prove to be accurate. Forward-looking information also involves known and unknown risks and uncertainties and other factors, which may cause actual events or results in future periods to differ materially from any projections of future events or results expressed or implied by such forward-looking information or statements, including, among others: negative operating cash flow and dependence on third party financing, uncertainty of additional financing, reliance on key management and other personnel, and the risk factors with respect to the Company set out in the Company’s filings with the Canadian securities regulators and available under the Company’s profile on SEDAR+ at www.sedarplus.ca.

 

Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information or implied by forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking statements or information. The Company undertakes no obligation to update or reissue forward-looking information as a result of new information or events except as required by applicable securities laws.