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Iron Mountain Reports Q2

BOSTON -- Iron Mountain Incorporated (NYSE: IRM - News), the global leader in information protection and storage services, today announced its financial results for the quarter ended June 30, 2007, reporting strong revenue growth, higher operating income and earnings of $0.19 per diluted share.

Iron Mountain posted solid operating income before depreciation and amortization ("OIBDA") growth of 11% in the second quarter supported by strong revenue growth and continued overhead expense control. The Company had balanced revenue performance across its North America Physical, International Physical and Worldwide Digital business segments with overall gains supported by robust service revenue growth. Acquisitions and favorable foreign currency fluctuations also contributed to overall revenue growth.

"We are pleased with the performance of the business this quarter and in the first half of this year," said Richard Reese, Chairman and CEO. "We are delivering solid growth across our portfolio and managing our operations effectively in the face of increasing market demand. We continue to invest in our ability to serve our customers through acquisitions that strengthen our service offerings and expand our global footprint. We are on track to deliver against our strategic objectives this year and are raising our full year financial outlook reflecting this progress."

Iron Mountain Inc.