DATABANK: ROBERT LICATA – Page 5
DataBank Services: Some good news.
DataBank is finally seeing so normality in the service portion of our business. While July services were down over 50% from the previous July, we are seeing a upturn in the need for our record storage services in August. That is good news for DataBank and as businesses and government offices open up we will continue to see that service portion of DataBank improve. The Storage component of the business is doing well and material purchases have increase in the last two months both good signs that we are getting back to business. That’s good news.
Please stay safe. Rob