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Iron Mountain Incorporated Announces Acquisition of Escrow Services Business
BOSTON--(BUSINESS WIRE)--March 2, 2001--Iron Mountain Incorporated (NYSE: IRM), the leader in records and information management services, announced today that its wholly-owned subsidiary DSI Technology Escrow Services, Inc. has acquired the assets of Fort Knox Escrow Services, Inc., a subsidiary of Lason, Inc. (OTCBB: LSON). Fort Knox is a leading provider of technology and intellectual property escrow services based in Atlanta, Georgia.
Richard Reese, Chairman and CEO of Iron Mountain, stated, "Technology and intellectual property escrow services is a growing segment of our industry and this transaction will enable us to better serve our customers. Fort Knox is a well run company with excellent employees with whom we are looking forward to expanding the business. We are very excited about this transaction and are pleased to welcome the customers and employees of Fort Knox to the Iron Mountain family."
Iron Mountain Incorporated is the global leader in records and information management services. Iron Mountain currently provides services to over 125,000 customer accounts, including more than half of the Fortune 500, in 77 markets in the United States and 40 markets outside of the United States. The Company operates over 625 records management facilities in the United States, Canada, Europe and Latin America. For more information, visit our website at www.ironmountain.com
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