Iron Mountain Acquires Accutrac Software, Inc.
Software Extends Company's Records Management Solution Portfolio
BOSTON, June 25 -- Iron Mountain Incorporated (NYSE:IRM), the global leader in information protection and storage services, today announced its acquisition of Irvine, Calif.-based Accutrac Software, Inc., a provider of records management software and professional services. Terms were not disclosed.
Accutrac's client-based software, Accutrac XE(TM), enhances Iron Mountain's core records management capabilities by helping customers to better manage, retain, and access records throughout their lifecycle from creation through disposition. The Accutrac XE software provides a central system for consistently managing both active and inactive records, whether they reside at an Iron Mountain site, a company's own records room, or any other location or repository.
"Our customers want us to partner with them throughout the lifecycle of a record to help reduce the costs and risks associated with information management. Accutrac's software gives us the ability to begin that partnership earlier in the lifecycle," said Greg Nicastro, Executive Vice President of Integrated Solutions and Development, Iron Mountain. "Additionally, Accutrac's licensed-based software delivers robust records management functionality and the flexibility to integrate with other software applications like Enterprise Content Management systems."
The Accutrac XE application facilitates active records management with comprehensive automation tools including:
o indexing and classification
o location tracking
o records delivery request automation with Iron Mountain system
integration
o robust discovery, search, query and filtering tools
o retention management, legal holds, archiving, and
disposition/destruction reporting
"Joining Iron Mountain represents the ultimate accomplishment and opportunity for Accutrac, its employees and especially its customers," said Kurt Thies, CEO of Accutrac Software, Inc. "I have known and respected the Iron Mountain management team since I began in this industry 20 years ago. We share a passion and commitment to this industry and to our customers. Iron Mountain is the only company capable of offering customers a complete records lifecycle management solution and I'm very excited about contributing to that vision."
For more information about Iron Mountain's Records Management solutions, please visit: www.ironmountain.com/records/
About Accutrac® Software, Inc.
Accutrac® Software supports compliance with flexible and scaleable records management systems and RIM professional services to help organizations manage records throughout their lifecycle. The Company has provided records and information management solutions for nearly two decades serving many industries including Fortune 1000, Legal, and government organizations. For more information, visit the Company's website at www.accutrac.com.
About Iron Mountain
Iron Mountain Incorporated (NYSE:IRM) helps organizations around the world reduce the costs and risks associated with information protection and storage. The Company offers comprehensive records management and data protection solutions, along with the expertise and experience to address complex information challenges such as rising storage costs, litigation, regulatory compliance and disaster recovery. Founded in 1951, Iron Mountain is a trusted partner to more than 100,000 corporate clients throughout North America, Europe, Latin American and Asia Pacific. For more information, visit the Company's Web site at www.ironmountain.com.
Contact:
Laura Sudnik
Iron Mountain
Laura.sudnik@ironmountain.com
(617) 535-2907
Source: Iron Mountain Incorporated
Web site: www.ironmountain.com/
