BluePoint Data Storage Reports a 35% Increase in Annual Revenues to US$8.0M for 2008

BluePoint Data Storage, Inc. (TSX VENTURE:BLP)(PINK SHEETS:BLPDF), an
established provider of managed server, electronic data storage, systems
availability, and data protection services, announced 35% growth in revenue from
$6M in fiscal 2007, to $8M in fiscal 2008 (fiscal years ending December 31st).
Additionally, the Company reports a 40% increase in gross profit dollars from
$2.6M in 2007, to $3.6M in 2008. All amounts are reported in U.S. Dollars.


The net loss of -$248K (2008) and -$989K (2007) both included non-cash
Amortization Expense of $535K related to the acquisition of Champion Managed
Services, Inc. (previously announced on November 3, 2006), and non-cash
Depreciation expense of $600K (2008) and $858K (2007) on the Company's long-term
equipment and fixed assets. Therefore Earnings Before Interest, Depreciation,
Taxes, & Amortization ("EBITDA") were positive $903K (2008) and $426K (2007).


Earnings Per Share (EPS) for 2008 decreased to a loss of -$0.01 per BLP common
share, from a loss of -$0.02 per share for fiscal 2007 on weighted average
shares outstanding of 44,250,906 as of December 31, 2007 and 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.