Iron Mountain Acquires Document Guard, Expanding Presence in South Korea

SEOUL, South Korea, April 24, 2018 /PRNewswire/ -- Iron Mountain Incorporated (NYSE: IRM)®, the global leader in storage and information management services, today announced the acquisition of Document Guard in South Korea, expanding the company's presence and market leading position. The acquisition of Document Guard will add five facilities, over 850,000 cubic feet of storage and more than 200 customers to Iron Mountain's existing business. Additionally, Jonathan Kim of Document Guard will join Iron Mountain as general manager for the company's South Korea business.

"The opportunity to add this quality of capacity and customer relationships, along with a talented team, is an important step forward for our South Korean business," said Peter Hwang, managing director, Iron Mountain Asia. "Acquiring Document Guard's records management operations provides us with the opportunity to strengthen our presence and serve both new and existing customers on a regional, national and international basis. We look forward to maintaining the high levels of service that the Document Guard's customers expect for their records management and information management needs."

Document Guard Co., Ltd. is a leading provider of records management, secure transportation, secure destruction, document scanning and digitization services. Founded in 2009, the company is based in Icheon, South Korea.

"The acquisition of Document Guard furthers our strategy for expanding our presence in the growing Asia markets like South Korea," said Ernest Cloutier, executive vice president and general manager, International for Iron Mountain. "In these types of markets, we look to capitalize on the growing records and information management opportunity by acquiring leading local providers that share our commitment to best-in-class service delivery, trust and security. This enables us to support our local and global customers; enhance returns as we integrate these companies into our regional business; and ensure we are poised to make the most of the global trend of information management outsourcing."

About Iron Mountain

Iron Mountain Incorporated (NYSE: IRM), founded in 1951, is the global leader for storage and information management services. Trusted by more than 225,000 organizations around the world, and with a real estate network of more than 85 million square feet across more than 1,400 facilities in over 50 countries, Iron Mountain stores and protects billions of valued assets, including critical business information, highly sensitive data, and cultural and historical artifacts. Providing solutions that include information management, digital transformation, secure storagesecure destruction, as well as data centers, cloud services and art storage and logistics, Iron Mountain helps customers lower cost and risk, comply with regulations, recover from disaster, and enable a more digital way of working. Visit www.ironmountain.com for more information.

Media Contact:  Peter Hwang  Iron Mountain Incorporated  +852 3429-6888  peter.hwang@ironmountain.com