Mountains West Completes Buy

Mountains West completes acquisition of Secured Digital Storage

November 9, 2007

1 Min Read
Network Computing logo

CHICAGO -- Mountains West Exploration, Inc.(BULLETIN BOARD: MWXI) (Company), today announced that on November 7, 2007, it completed its previously announced acquisition of Secured Digital Storage LLC (SDS) in an all stock transaction. SDS will provide remote high capacity online backup data storage for mission critical data to various businesses, healthcare facilities and government agencies. SDS's business model focuses its storage space to smaller, more secure data centers that are dedicated to storage, where the storage volume and connectivity is matched to each customer's specific requirements. The business model further contemplates utilizing its patent-pending Bunker Power(TM) configuration which is ideally suited for use in decommissioned military ammunition bunkers and also complies with "Green" environmental policies and Department of Energy's "Surety Zone" standards.

Additionally, the Company is announcing that it will begin using Secured Digital Storage as the name it is doing business under, while it fulfills the requirements to officially change the name of the Company.

"We are extremely pleased to have completed this acquisition," stated Doug Stukel, Mountains West Co-CEO. "We now have in place the building blocks to launch the Company's data-storage managed services model. The demand for our managed services model is substantial and I am excited about the Company's potential growth."

Secured Digital Storage LLC (SDS)

SUBSCRIBE TO OUR NEWSLETTER
Stay informed! Sign up to get expert advice and insight delivered direct to your inbox

You May Also Like


More Insights