StorageVault Appoints Andrew Brown as President of RecordXpress
September 26 2022 - 4:40PM
STORAGEVAULT CANADA INC.
(“
StorageVault”) (
SVI-TSX) is
pleased to announce the appointment of Andrew Brown to the position
of President - RecordXpress. Andrew will oversee StorageVault’s
records and information management business as we continue to
introduce integrated Records Management, Data Management, Digital
Services, Shredding, Warehousing, and Fulfillment solutions for our
customers across Canada.
“Andrew brings strong leadership experience to
our records, information management and digital platform,” said
Steven Scott, CEO of StorageVault. “His breadth of knowledge
across sales, strategy and operations will accelerate growth and
help realize our vision for RecordXpress. We are extremely
excited to add Andrew’s proven leadership and strong understanding
of the Canadian business landscape.”
Andrew has 25+ years of go-to-market experience
leading large teams for the some of the world’s premier information
management companies. Andrew served as Global Senior Vice President
of Digital Business Development at Iron Mountain where he led all
business initiatives involving digital transformation and workflow
automation around the globe. He also held several senior leadership
roles such as SVP General Manager North America- Digital services
where he oversaw the North American Digital Business.
“The opportunity to provide the Canadian market
with a true Canadian alternative to foreign based competitors was
what first excited me about joining StorageVault and RecordXpress,”
said Brown. “After getting to know the leadership team at
StorageVault and understanding the vision of becoming Canada's
first choice for all things storage, I was all in.”
Andrew received his Bachelor of Arts from the
University of Western Ontario and his MBA from American
International College. He has also completed advanced level courses
in business and technology at Harvard and MIT. Additionally, Brown
is a member of NRC, iSigma and ARMA.
About StorageVault Canada
Inc.StorageVault owns and operates 238 storage locations
across Canada. StorageVault owns 203 of these locations plus over
4,500 portable storage units representing over 11.2 million
rentable square feet on 660 acres of land. StorageVault also
provides last mile storage and logistics solutions and professional
records management services, such as document and media storage,
imaging and shredding services.
For further information, contact Mr. Steven
Scott or Mr. Iqbal Khan:
Tel: 1-877-622-0205
ir@storagevaultcanada.com
Forward-Looking Information: This news release
contains “forward-looking information” within the meaning of
applicable Canadian securities legislation. All statements, other
than statements of historical fact, included herein are
forward-looking information. In particular, this news release
contains forward-looking information in relation to: RecordXpress,
including, StorageVault’s potential acceleration of growth and the
realization of the vision of the RecordXpress business, including
the records, information management and digital platform
(collectively, the “RecordXpress Business”). This
forward-looking information reflects StorageVault’s current
beliefs and is based on information currently available to
StorageVault and on assumptions StorageVault believes are
reasonable. These assumptions include, but are not limited to:
market acceptance of the RecordXpress Business; customers using the
RecordsXpress Business as anticipated, and the RecordXpress
Business operating as management expects. Forward-looking
information is subject to known and unknown risks, uncertainties
and other factors that may cause the actual results, level of
activity, performance or achievements of StorageVault to be
materially different from those expressed or implied by such
forward-looking information. Such risks and other factors may
include, but are not limited to: general business, economic,
competitive, political and social uncertainties; market and
customer acceptance of the RecordXpress Business; general capital
market conditions and market prices for securities; delay or
failure to receive third party or regulatory approvals; the actual
results of StorageVault’s future operations; competition; changes
in legislation, including environmental legislation, affecting
StorageVault; the timing and availability of external financing on
acceptable terms; lack of qualified, skilled labour or loss of
key individuals; risks related to the COVID-19 pandemic including
various recommendations, orders and measures of governmental
authorities to try to limit the pandemic, including travel
restrictions, border closures, non-essential business closures,
service disruptions, quarantines, self-isolations,
shelters-in-place and social distancing, disruptions to markets,
economic activity, financing, supply chains and sales channels, and
a deterioration of general economic conditions including a
possible national or global recession; and the impact that the
COVID-19 pandemic may have on StorageVault which may include: a
short-term delay in payments from customers, an increase in
accounts receivable and an increase of losses on accounts
receivable; decreased demand for the services that StorageVault
offers; and a deterioration of financial markets that could limit
StorageVault’s ability to obtain external financing. A description
of additional risk factors that may cause actual results to differ
materially from forward-looking information can be found in
StorageVault’s disclosure documents on the SEDAR website at
www.sedar.com. Although StorageVault has attempted to identify
important factors that could cause actual results to differ
materially from those contained in forward-looking information,
there may be other factors that cause results not to be as
anticipated, estimated or intended. Readers are cautioned that the
foregoing list of factors is not exhaustive. Readers are further
cautioned not to place undue reliance on forward-looking
information as there can be no assurance that the plans,
intentions or expectations upon which they are placed will occur.
Forward-looking information contained in this news release is
expressly qualified by this cautionary statement. The
forward-looking information contained in this news release
represents the expectations of StorageVault as of the date of this
news release and, accordingly, is subject to change after such
date. However, StorageVault expressly disclaims any intention or
obligation to update or revise any forward-looking information,
whether as a result of new information, future events or
otherwise, except as expressly required by applicable securities
law.
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