Iron Mountain Opens Flagship Shredding Facility in Jersey City, NJ

Company Also Launches Online Shredding Laws Resource to Help Customers Address Ever-Changing Records Management and Disposal Regulations

BOSTON, MA and JERSEY CITY, NJ, May 11, 2006 – Iron Mountain Incorporated (NYSE:IRM), the global leader in information protection and storage services, today announced the grand opening of its flagship Secure Shredding facility in Jersey City, NJ. Believed to be the largest of its kind in the world, the facility offers the latest shredding technology available to help tri-state organizations manage the secure destruction and disposal of sensitive records and information, and also comply with ever-changing shredding regulations. Through a network of facilities and special mobile shredding vehicles, Iron Mountain offers Secure Shredding services in all major U.S. and Canadian markets, and recently expanded to the United Kingdom through the acquisition of London-based Secure Destruction Services Ltd.

“Secure shredding has become an essential part of a company's compliant records management program due to increasing regulations and consumer demands for protection of personal information,” said Barry Payne, senior vice president of Iron Mountain's Secure Shredding business. “The addition of our Jersey City facility comes just in time to support the growing demand for our services in the New York-metropolitan market, as businesses there seek to comply with New Jersey's new Identity Theft Protection Act and other state and federal information disposal regulations.”

Secure destruction and disposal of corporate information is critical not only for protecting consumer privacy, but also for mitigating corporate exposure to legal risk. Information held beyond its required retention period often incurs unnecessary storage costs and becomes vulnerable to risks of theft, misuse or inadvertent disclosure.

Iron Mountain's flagship facility in Jersey City will help companies mitigate risks by shredding 200 tons of paper per day and up to 48,000 tons per year. In addition to paper, Iron Mountain's Secure Shredding services also destroy other media, including x-rays, microfiche/film, computer disks, cartridges, videotapes, CDs, and DVDs. Protection of sensitive materials is ensured through strict security practices and secure chain-of-custody. A certificate of destruction verifies that materials have been destroyed.

In conjunction with its facility opening in Jersey City, Iron Mountain also announced the launch of its online shredding laws resource, which is designed to help businesses address the multitude of state and federal statutes and regulations governing records management and disposal. The resource will be updated regularly and is available at: www.ironmountain.com/shreddinglaws.

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 America and the Pacific Rim. For more information, visit the Company’s Web site at www.ironmountain.com.