Exhibit
99.1
Investor
Relations contact:
Stephen
P. Golden
Director,
Investor Relations
sgolden@ironmountain.com
(617)
535-4799
FOR
IMMEDIATE RELEASE
Iron
Mountain Incorporated Announces Proposed €175 Million Debt
Offering
Boston,
MA - January 9, 2007—Iron
Mountain Incorporated (NYSE:IRM), the global leader in information protection
and storage services, today announced a proposed public offering of €175 million
in aggregate principal amount of its 6-3/4% Euro Senior Subordinated Notes
due
2018. The Company intends to use the net proceeds from the offering to repay
outstanding indebtedness under its revolving credit and term loan facilities,
to
fund the possible repayment, repurchase or retirement of other indebtedness
and
for general corporate purposes, including possible future acquisitions and
investments. The exact terms and timing of the offering will depend upon market
conditions and other factors.
The
offering will be made only by means of a prospectus. This announcement shall
not
constitute an offer to sell or the solicitation of any offer to buy securities,
nor shall there be any sales of these securities in any state in which such
an
offer, solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such state.
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
90,000 corporate clients throughout North America, Europe, Latin American and
Asia Pacific. For more information, visit the company’s Web site at www.ironmountain.com.
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