BluePoint Data Storage Reports 55% Revenue Growth and 90% Increase in Gross Profit Margins for Q1 2008

BluePoint Data Storage, Inc. (TSX VENTURE:BLP)(PINK SHEETS:BLPDF), an
established provider of managed server, electronic storage, systems
availability, and data protection services, announced 55% growth in revenue from
$1.3M in Q1 2007, to $2.0M for Q1 2008 (fiscal quarter ending March 31st). In
addition, the Company reports a 90% increase in gross profit dollars from $492K
in Q1 2007, to $936K for Q1 2008. All amounts are reported in U.S. Dollars.


The net income of $14K for Q1 2008 (versus $293K loss for Q1 2007) included
non-cash amortization expense of $134K related to the acquisition of Champion
Managed Services, Inc. as previously announced in a November 3, 2006 press
release, and $150K in depreciation expense (Q1 2008) on the Company's long-term
computer equipment and other fixed assets ($225K for Q1 2007).


Commenting on the results, Paul Sachse, President and CEO said "our top-line
growth was strong with significant improvements in gross profit margin
contribution. Depreciation expense went down as a result of older equipment
being fully-depreciated and replaced periodically with more productive, less
costly technology. Our proprietary Unite(TM) is also beginning to make margin
contributions. As we improve this platform we expect these contributions to
grow".


Earnings per share rose to a "breakeven" of $0.00/share in Q1 2008 from a loss
of $0.01/share for Q1 2007 on weighted average shares outstanding of 44,250,906
as of March 31, 2008. There are currently 44,423,406 BLP common shares
outstanding as of the date of this release.


About BluePoint Data Storage

BluePoint delivers managed server, electronic storage, data protection, systems
availability and recovery solutions that ensure the protection and availability
of corporate data and information technology while reducing the total cost of
ownership. BluePoint manages these systems with unparalleled storage and
networking expertise, guarantees high performance and availability, and ensures
solutions are on par with the current state-of-the-art.


Safe Harbor

This release may contain forward-looking statements that involve risks and
uncertainties. These statements may involve known and unknown risks,
uncertainties and other factors which may cause the actual results, performance
or achievements of BluePoint or industry results to be materially different from
any future results, performance or achievement expressed or implied by such
forward-looking statements. Such factors include, among others, the following:
general economic and business conditions, demographic changes, regulation, major
technology changes, timing of product introductions, competition and the
Company's ability to attract and retain key employees.