WSTG

Wayside Technology Group Rebrands to “Climb Global Solutions”

Retrieved on: 
Thursday, October 27, 2022
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EATONTOWN, N.J., Oct. 27, 2022 (GLOBE NEWSWIRE) -- Wayside Technology Group, Inc. (NASDAQ: WSTG) (Wayside or the Company), a value-added global IT channel company providing innovative sales and distribution solutions for emerging technology vendors, is announcing a corporate rebrand from Wayside Technology Group to Climb Global Solutions, effective October 31, 2022.

Key Points: 
  • EATONTOWN, N.J., Oct. 27, 2022 (GLOBE NEWSWIRE) -- Wayside Technology Group, Inc. (NASDAQ: WSTG) (Wayside or the Company), a value-added global IT channel company providing innovative sales and distribution solutions for emerging technology vendors, is announcing a corporate rebrand from Wayside Technology Group to Climb Global Solutions, effective October 31, 2022.
  • Growing the Climb brand at a global scale has been a key initiative across the organization, said Dale Foster, CEO of Climb Global Solutions.
  • Changing our public company name from Wayside Technology Group to Climb Global Solutions will allow us to promote one uniform brand that is recognizable to our investors, vendors and customers across our global footprint.
  • Wayside Technology Group, Inc. (NASDAQ: WSTG) is a value-added global IT distribution and solutions company specializing in emerging and disruptive technologies.

Climb Channel Solutions Partners with Viking Enterprise Solutions to Provide Affordable, Secure and Scalable Public Cloud Alternative

Retrieved on: 
Wednesday, October 26, 2022
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This new partnership brings a cost-controlled, flexible storage alternative to public cloud storage platforms, giving companies complete control of mission-critical, frequently accessed data.

Key Points: 
  • This new partnership brings a cost-controlled, flexible storage alternative to public cloud storage platforms, giving companies complete control of mission-critical, frequently accessed data.
  • Viking Enterprise Solutions Cloud Native Obsidian (CNO) is a highly scalable, on-premise software-defined storage solution targeted to market segments including media/entertainment, video surveillance, backup and archive, and enterprise file services.
  • Offering Viking Enterprise Solutions Cloud Native Obsidian creates an amazing opportunity to provide on-prem cloud storage allowing critical data to remain secure and readily available.
  • In addition to CNO, Viking Enterprise Solutions full portfolio of solutions are now available through Climb, says Mark DeVincent, SVP and GM of Viking Enterprise Solutions.

Wayside Technology Group Sets Third Quarter 2022 Conference Call for November 3, 2022 at 8:30 a.m. ET

Retrieved on: 
Tuesday, October 25, 2022
Cloud, Data management, Interest, Elevate, NASDAQ, WSTG, Virtualization, Software, Company, HCI, ALM, Security, GLOBE, Grey Matter, Solution

Wayside management will host the conference call, followed by a question-and-answer period.

Key Points: 
  • Wayside management will host the conference call, followed by a question-and-answer period.
  • If you have any difficulty registering or connecting with the conference call, please contact Elevate IR at (720) 330-2829.
  • Wayside Technology Group, Inc. (NASDAQ: WSTG) is a value-added global IT distribution and solutions company specializing in emerging and disruptive technologies.
  • Wayside operates across the US, Canada and Europe through multiple business units, including Climb Channel Solutions, Grey Matter and CloudKnowHow.

Climb Channel Solutions Teams Up with Proofpoint to Bring People-Centric Cybersecurity Solutions to the Channel

Retrieved on: 
Wednesday, October 19, 2022
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Proofpoint protects these assets with an integrated suite of cloud-based solutions to block malicious emails, safeguard data, and ensure employees are trained to identify, resist, and report attacks.

Key Points: 
  • Proofpoint protects these assets with an integrated suite of cloud-based solutions to block malicious emails, safeguard data, and ensure employees are trained to identify, resist, and report attacks.
  • Proofpoint Security Awareness Training empowers employees to identify and take appropriate action when faced with a real threat.
  • Climb Channel Solutions collaboration with Proofpoint helps to protect mission critical business.
  • Climb Channel Solutions is a global specialty IT distributor for emerging technology vendors with solutions for Security, Data Management, Connectivity, Storage & HCI, Virtualization & Cloud and Software & ALM.

Climb Channel Solutions Partners with Calamu, Offering Data-First Security Against Ransomware

Retrieved on: 
Tuesday, September 13, 2022
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Taking data security to the next level by scattering user data across multiple locations is a game changer for resellers and end users, says Dale Foster, CEO at Climb Channel Solutions.

Key Points: 
  • Taking data security to the next level by scattering user data across multiple locations is a game changer for resellers and end users, says Dale Foster, CEO at Climb Channel Solutions.
  • Partnering with Calamu, a data-first security solution, is a huge value add for the security stack for resellers.
  • During a time where businesses are in a constant state of vulnerability from ransomware attacks Calamu will bring peace of mind when it comes to data security.
  • Climb Channel Solutions simplifies the path for resellers and MSPs to add Calamu to their offering.

Climb Channel Solutions Adds Seagate Lyve Cloud Object Storage to Complete a Frictionless Edge-to-Cloud Solution

Retrieved on: 
Wednesday, August 31, 2022
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Lyve Cloud, Seagates efficient, trusted and simple S3 object storage, is designed to enable multi-cloud freedom by eliminating egress fees, API calls, and vendor lock-ins that trap data in silos.

Key Points: 
  • Lyve Cloud, Seagates efficient, trusted and simple S3 object storage, is designed to enable multi-cloud freedom by eliminating egress fees, API calls, and vendor lock-ins that trap data in silos.
  • Weve been working with Seagate to offer mass capacity data storage systems and Lyve Mobile data transfer service to our channel community.
  • With the addition of Lyve Cloud, the collaboration with Seagate will be transformative to our channel partners as multi-cloud complexity becomes a challenge, said Dale Foster, CEO of Climb Channel Solutions.
  • From Systems and Lyve Mobile edge storage data transfer services to Lyve Cloud object storage, Seagate provides complete edge-to-cloud, on and off-premises mass capacity infrastructure solutions to meet diverse enterprise mass storage needs, said Brad Painter, Director of Americas Channel Sales at Seagate.

Wayside Technology Group to Acquire EMEA Channel Distributor, Spinnakar Limited

Retrieved on: 
Thursday, August 18, 2022
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EATONTOWN, N.J., Aug. 18, 2022 (GLOBE NEWSWIRE) -- Wayside Technology Group, Inc. (NASDAQ: WSTG) (“Wayside” or the “Company”), a value-added global IT channel company providing innovative sales and distribution solutions for emerging technology vendors, has completed the acquisition of Spinnakar Limited (“Spinnakar”), a UK-based IT channel distributor, for an aggregate purchase price of $11.8 million (£9.8 million) payable at closing (subject to working capital and other adjustments), plus a potential post-closing earn-out. The Company funded the acquisition of Spinnakar utilizing cash from the Company’s balance sheet.

Key Points: 
  • Spinnakar is a UK-based, IT channel distributor focused on storage, cloud, security and data management businesses across Europe, the Middle East and South Africa (EMEA).
  • Wayside anticipates various operating synergies and improvements for vendor recruitment and expansion in EMEA and across the globe.
  • Wayside Technology Group, Inc. (NASDAQ: WSTG) is a value-added global IT distribution and solutions company specializing in emerging and disruptive technologies.
  • Wayside operates across the US, Canada and Europe through multiple business units, including Climb Channel Solutions, Grey Matter and CloudKnowHow.

Climb Channel Solutions Announces Partnership with Cato Networks

Retrieved on: 
Thursday, August 11, 2022
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The partnership with Cato Networks will equip Climb Channel Solutions and its partners with such an approach.

Key Points: 
  • The partnership with Cato Networks will equip Climb Channel Solutions and its partners with such an approach.
  • Cato Networks is a channel-first SASE provider, said Ron Hamlett, Director of Channel Sales, Americas, at Cato Networks.
  • Climb Channel Solutions partners that join Catos channel ecosystem should expect to gain new revenue streams due to the convergence of network and security.
  • IT Security has become the most important product sector for Climb, but crowded with solutions, said Dale Foster, CEO of Climb Channel Solutions.

Wayside Technology Group Reports Second Quarter 2022 Results

Retrieved on: 
Wednesday, August 3, 2022
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EATONTOWN, N.J., Aug. 03, 2022 (GLOBE NEWSWIRE) -- Wayside Technology Group, Inc. (NASDAQ: WSTG) (“Wayside” or the “Company”), a value-added global IT channel company providing innovative sales and distribution solutions for emerging technology vendors, is reporting results for the second quarter ended June 30, 2022.

Key Points: 
  • Net Income Up 56% to $2.8 Million or $0.63 per Share, with Adjusted EBITDA (non-GAAP) up 27% to $4.5 Million
    EATONTOWN, N.J., Aug. 03, 2022 (GLOBE NEWSWIRE) -- Wayside Technology Group, Inc. (NASDAQ: WSTG) (Wayside or the Company), a value-added global IT channel company providing innovative sales and distribution solutions for emerging technology vendors, is reporting results for the second quarter ended June 30, 2022.
  • Net sales in the second quarter of 2022 were $67.9 million compared to $75.4 million for the same period in 2021.
  • Net income as a percentage of gross profit for the second quarter of 2022 was 22.4% compared to 16.3% in the year ago quarter.
  • The Company will conduct a conference call tomorrow, August 4, 2022, at 8:30 a.m. Eastern time to discuss its results for the second quarter ended June 30, 2022.

HUMAN Names Climb Channel Solutions as Preferred Distributor

Retrieved on: 
Tuesday, July 26, 2022
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EATONTOWN, N.J., July 26, 2022 (GLOBE NEWSWIRE) -- Climb Channel Solutions , an international specialty technology distributor and wholly-owned subsidiary of Wayside Technology Group, Inc. (NASDAQ: WSTG) was named preferred distributor with HUMANs enterprise defense platform enabling resellers to round out their security stack.

Key Points: 
  • EATONTOWN, N.J., July 26, 2022 (GLOBE NEWSWIRE) -- Climb Channel Solutions , an international specialty technology distributor and wholly-owned subsidiary of Wayside Technology Group, Inc. (NASDAQ: WSTG) was named preferred distributor with HUMANs enterprise defense platform enabling resellers to round out their security stack.
  • With a full suite of products focused on defending customer data and exposure to fraudulent activity Climb Channel Solutions is proud to be named HUMANs preferred distributor, says Dale Foster, CEO at Climb.
  • The IT channel will soon be leaning on HUMANs products and solutions to help detect fraud within security, inventory, account management, and even marketing.
  • We are thrilled to add Climb Channel Solutions as our preferred distribution partner for North America as we continue to build HUMANs channel ecosystem, said HUMAN Vice President of Channel Sales Ron Wagner.