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Historical Milestones

Historical Milestones

Iron Mountain has a rich and colorful history dating back to 1951, when a depleted iron ore mine in upstate New York was converted to the nation's first secure underground records storage center, designed to protect corporate vital records in the event of a nuclear holocaust. Since that time, the motivation for records storage and management services has changed, and Iron Mountain has been at the vanguard of this evolving industry.

 
1951 Iron Mountain Atomic Storage Corporation is established by Herman Knaust
1975 Iron Mountain, the present company, purchases the underground mine and the nearby, larger underground site from Knaust
1978 Iron Mountain purchases nearby above-ground record center and begins developing high-density storage systems
1980 Company expands to New England with the purchase of a third underground facility
  Becomes a founding member of Professional Records and Information Services Management (PRISM), formerly ACRC
1981 C. Richard Reese joins the Company as president and CEO
1983 Iron Mountain expands to New Hampshire and New Jersey
1986 Company establishes corporate headquarters in Boston and purchases New England Storage Warehouse
  Becomes dominant records management company in the Northeast
1988 Iron Mountain becomes a national company with the acquisition of Bell & Howell Records Management Company
1991 Iron Mountain introduces customers to SafeKeeper, its proprietary records inventory management system
1994 Company launches Records Management Consulting Services
1995 Richard Reese is named chairman of the board
1996 Iron Mountain begins trading on the NASDAQ under the symbol IMTN
1997 Iron Mountain becomes the leading software escrow company in the world with the acquisition of Data Securities International, Inc. (DSI)
  Enters the Health Information Management services market with the acquisition of Record Masters (HIMSCorp.)
1998 Iron Mountain becomes the leading off-site data protection company in the U.S. with the acquisition of Arcus Data Security, Inc. (renamed Off-Site Data Protection in 2001)
1999 Company establishes its first international presence through acquisition of British Data Management (BDM) in the UK
  Enters the Mexican market with the acquisition of SAC Mexico
  Moves to the New York Stock Exchange under the symbol IRM
2000 Iron Mountain enters Latin America through the acquisition of Storage, S.A. in Argentina
  Merges with Pierce Leahy Archives, the second largest records management company, making Iron Mountain the only company to provide a full line of records and information management services throughout the Western Hemisphere and in Europe
  Establishes Iron Mountain Confidential Destruction division (later renamed Information Destruction)
2001 Company launches two key technology solutions for information protection and storage: Electronic Vaulting services for online backup and recovery and Digital Archives for electronic records management
2002 The Boston Business Journal names Iron Mountain "Company of the Year"
2003 Iron Mountain debuts on the Fortune 1000 list at #887
  Ernst & Young names CEO Richard Reese "N.E. Entrepreneur of the Year"
  Significantly increases its presence throughout Europe by acquiring the Information Management Services unit of Hays PLC
2004 Iron Mountain climbs to #857 on the Fortune 1000 list
  Expands its Intellectual Property Management services by acquiring domain name management firm Arcemus®
  Expands Secure Shredding services in Canada through the acquisition of Ontario-based franchiser Proshred Security International Inc.
  Forms the Iron Mountain Digital business unit, following the acquisition of Connected Corporation, a leader in online backup and distributed data protection
  Company appoints Bob Brennan as President of North America
2005 Iron Mountain moves up to #811 on the Fortune 1000 list
  Enters the Pacific Rim with the acquisition of the Australian and New Zealand operations of Pickfords Records Management ("PRM")
  Bob Brennan is promoted to President and Chief Operating Officer
  Acquires LiveVault Corporation, a leading provider of disk-based online server backup and recovery solutions, further extending the Company's technology portfolio
2006 Iron Mountain rises to #783 on the Fortune 1000 list
  Iron Mountain expands Government Services Organization; opens new government-focused business unit headquarters in Dulles, Va.
  Acquires DigiGuard, a leading provider of data protection services in Australia and New Zealand
  Boston Leader Summit honors Richard Reese with  Visionary Leadership award
2007 Iron Mountain ascends to #780 on the Fortune 1000 list
  Debuts in Forbes magazine's "Top 400 Best Big Companies"
  Extends records management portfolio with acquisition of Accutrac Software, Inc.
  Acquires Stratify, Inc., augmenting its suite of eDiscovery services
2008 Iron Mountain moves to #722 on the Fortune 1000 list
  Bob Brennan is elected president and CEO and Richard Reese becomes executive chairman of the board 
  Security magazine names Iron Mountain to its annual ranking of the nation's most secure companies, the Security 500 
2009 Iron Mountain climbs to #681 on the Fortune 1000 list
  Joins the S&P 500 Index
  Tops $3 billion in annual revenue for the first time in the company’s history

 

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