U.S. Federal Agency Expands with Iron Mountain with Five Megawatts Across Multiple Data Center Sites
September 01 2020 - 6:00AM
Business Wire
-- New deployments in Northern Virginia and
Denver to support the agency’s IT transformation initiatives --
Iron Mountain Incorporated (NYSE: IRM), the storage and
information management services company, today announced that a
large U.S. Federal government civilian agency that is at the
forefront of the nation's technological progress and achievement,
is expanding its existing footprint to Iron Mountain data centers
in Manassas, Virginia and Denver, Colorado. Iron Mountain is
providing a colocation data center solution in support of the
agency’s IT transformation initiatives.
The solution includes migrating the agency from their current
proprietary, on-premise data center, into a 4 megawatt space in
Iron Mountain’s new Northern Virginia data center, VA-2. In
addition, Iron Mountain will facilitate the transition of the
agency’s current 1.5 megawatt disaster recovery facility, which is
located in Iron Mountain’s Boyers, Pennsylvania data center, into
an expanded disaster recovery space in Denver, DEN-1, with an
incremental 1 megawatt of power capacity. The lease is expected to
commence in the second quarter of 2021.
“We are pleased to have this Federal agency join our robust
ecosystems in both Northern Virginia and Denver, as we support
their digital transformation strategy,” said Rick Crutchley, Vice
President and General Manager, North America at Iron Mountain Data
Centers. “The agency’s decision to expand with Iron Mountain
underscores their trust in our value proposition for providing
secure and quickly scalable data center solutions, with
industry-leading compliance.”
Iron Mountain’s Northern Virginia data center campus is an
83-acre site in Manassas, situated in the heart of the world’s
largest and fastest-growing data center market, offering low
latency and easy access to network / peering interconnection sites
in Ashburn and Reston. VA-1, opened in September 2017 is a 12.4
megawatt facility that is fully leased, with carrier-neutral
connectivity and easy access to carriers, clouds and IT service
providers. The first 4 megawatts at VA-2 was delivered in early
July, with that facility representing 24 megawatts of IT capacity
at full build-out.
Strategically located in the heart of downtown Denver, DEN-1 is
a concurrently maintainable data center, situated in one of the
lowest disaster risk areas in the U.S. With more than 11 megawatts
of IT capacity, this purpose-built data center provides
carrier-neutral connectivity, with access to 12 native carriers and
multiple public cloud on-ramps.
Additional highlights from the Iron Mountain data center
footprint include:
- Support for multiple use cases: hybrid-IT colocation, local
production IT, local/regional business continuity/disaster recovery
and consolidation/migration in all campuses.
- Efficient hybrid-IT enablement: centralized access to hundreds
of customers, clouds, carriers, and other IT services providers,
making hybrid IT efficient, cost-effective, and secure.
- Network density: carrier-neutral campuses working with native
network providers, access to diverse meet-me rooms, and the ability
to connect to multiple public-cloud on-ramps.
- Energy efficiency: powered by 100% renewable energy.
- Operational excellence: 100% uptime SLAs.
- Industry-leading compliance and security.
Iron Mountain's global data center platform consists of 15
operational facilities across 13 markets and three continents.
Including leasable capacity and land and buildings held for future
development, Iron Mountain's data center platform can support more
than 350 megawatts of IT capacity at full build-out. For more
information on Iron Mountain Data Centers, visit
https://www.ironmountain.com/digital-transformation/data-centers.
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 90 million square feet
across more than 1,480 facilities in approximately 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
secure records storage, information management, digital
transformation, secure 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.
Forward Looking
Statements
Safe Harbor Statement Under the Private Securities Litigation
Reform Act of 1995: This release contains certain forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995 and other securities laws and is subject to the
safe-harbor created by such Act. Forward-looking statements
include, but are not, limited to statements concerning the
migration of the customer’s data and the build out capacity at our
Northern Virginia facility. When we use words such as "believes,"
"expects," "anticipates," "estimates" or similar expressions, we
are making forward-looking statements. Although we believe that our
forward looking statements are based on reasonable assumptions, our
expected results may not be achieved, and actual results may differ
materially from our expectations. Although we believe that our
forward looking statements are based on reasonable assumptions, our
expected results may not be achieved, and actual results may differ
materially from our expectations.
These forward-looking statements are subject to various known
and unknown risks, uncertainties and other factors. Important
factors that could cause actual results to differ from expectations
include (i) the impact of the COVID-19 outbreak on our business,
operations and financial condition, (ii) our ability to remain
qualified for taxation as a real estate investment trust for U.S.
federal income tax purposes; (iii) the adoption of alternative
technologies and shifts by our customers to storage of data through
non-paper based technologies; (iv) changes in customer preferences
and demand for our storage and information management services; (v)
the cost and our ability to comply with laws, regulations and
customer demands relating to data security and privacy issues, as
well as fire and safety standards; (vi) our ability or inability to
execute our strategic growth plan, expand internationally, complete
acquisitions on satisfactory terms, and to integrate acquired
companies efficiently; (vii) changes in the amount of our growth
and recurring capital expenditures and our ability to raise capital
and invest according to plan; (viii) the impact of litigation or
disputes that may arise in connection with incidents in which we
fail to protect our customers' information or our internal records
or IT systems and the impact of such incidents on our reputation
and ability to compete; (ix) our ability to execute on Project
Summit and the potential impacts of Project Summit on our ability
to retain and recruit employees and execute on our strategy (x)
changes in the price for our storage and information management
services relative to the cost of providing such storage and
information management services; (xi) changes in the political and
economic environments in the countries in which our international
subsidiaries operate and changes in the global political climate;
(xii) the impact of executing on our growth strategy through joint
ventures; (xii) our ability to comply with our existing debt
obligations and restrictions in our debt instruments or to obtain
additional financing to meet our working capital needs; (xiv) the
impact of service interruptions or equipment damage and the cost of
power on our data center operations; (xv) changes in the cost of
our debt; (xvi) the impact of alternative, more attractive
investments on dividends; (xvii) the cost or potential liabilities
associated with real estate necessary for our business; (xviii) the
performance of business partners upon whom we depend for technical
assistance or management expertise; (xix) other trends in
competitive or economic conditions affecting our financial
condition or results of operations not presently contemplated; and
(xx) other risks described more fully in our filings with the
Securities and Exchange Commission, including under the caption
“Risk Factors” in our periodic reports or incorporated therein. You
should not rely upon forward-looking statements except as
statements of our present intentions and of our present
expectations, which may or may not occur. Except as required by
law, we undertake no obligation to release publicly the result of
any revision to these forward-looking statements that may be made
to reflect events or circumstances after the date hereof or to
reflect the occurrence of unanticipated events.
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version on businesswire.com: https://www.businesswire.com/news/home/20200901005185/en/
Investor Relations Contacts: Greer Aviv Senior
Vice President, Investor Relations Greer.Aviv@ironmountain.com
(617) 535-2887
Nathan McCurren Director, Investor Relations
Nathan.McCurren@ironmountain.com (617) 535-2997
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