Digitiliti, Inc. Announces Director and Officer Appointments, Availability of December 31, 2007, and 2006, Audited Consolidated Financial Statements and Filing of Form 10 Registration Statement with the SEC

Business Wire,  May 13, 2008  

Tags: SEC

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ST. PAUL, Minn. -- Digitiliti, Inc. (the "Company")(Pink Sheets: DIGI), announced today that it had realigned its directors and executive officers, released its audited consolidated financial statements for the years ended December 31, 2007, and 2006, and had filed a Form 10 Registration Statement with the Securities and Exchange Commission (the "SEC").

Directors and Executive Officers Realignment

Board of Directors:  <  <  <


Brad Wenzel, Chairman of the Board
                     <  <  <


Larry D. Ingwersen
                     <  <  <


Mark Savage
                     <  <  <


Laura Wenzel
                     <  <  <


Pamela J. Miner
                     <  <  <


Jonathan S. Miner
                     <  <  <



Executive Officers:  <  <  <


Brad Wenzel, Chairman of the Board
                     <  <  <


Larry D. Ingwersen, President and CEO
                     <  <  <


Laura Wenzel, Vice President and Secretary
                     <  <  <


Rod Johnson, COO
                     <  <  <


William McDonald, CFO and Treasurer

Audited Consolidated Financial Statements

The Company released its audited consolidated financial statements for the years ended December 31, 2007, and 2006, today, and these financial statements will appear in listed in Standard and Poor's Daily News Section of Corporation Records within a few days, and have been filed with Pink OTC Market, Inc. (the "Pink Sheets") and included in the Company's web site. Further, all current information about the Company that has been previously listed in the Pink Sheets can be accessed at www.pinksheets.com and by the Company's symbol ("DIGI") in the "Get Quote" box and then clicking on the "Filings" link. This information can also be accessed in the Company's web site, www.digitiliti.com, under the heading "Shareholder Information."

Form 10 Registration Statement

The Company filed a Form 10 Registration Statement with the SEC today, which will make the Company a "reporting issuer" under the Securities Exchange Act of 1934, as amended. This Registration Statement may be viewed in the SEC's Edgar Archives at www.sec.gov.

About Digitiliti: Digitiliti, a successor to Storage Elements, Inc., a Minnesota corporation formed in 2003, focuses on providing cost effective data protection solutions to enterprises and organizations of all sizes. The core product is comprised of digitiliti, a web based on-demand backup/restore service that manages and protects mission critical data for companies of any size.

Forward Looking Statements:

This release contains forward-looking statements. Actual results may differ from those projected due to a number of risks and uncertainties, including, but not limited to the possibility that some or all of the pending matters and transactions considered by the Company may not proceed as contemplated. These statements are made based upon current expectations that are subject to risk and uncertainty. The Company does not undertake to update forward-looking statements in this news release to reflect actual results, changes in assumptions or changes in other factors affecting such forward-looking information. Assumptions and other information that could cause results to differ from those set forth in the forward-looking information can be found at www.pinksheets.com.

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