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New Iron Mountain Consulting Arm Combines Records Management and eDiscovery Expertise to Help Clients Cut Information Costs and

^{Published on 2010-08-04 06:10:33 - Market Wire}
 

BOSTON--([ BUSINESS WIRE ])--[ Iron Mountain Incorporated ] (NYSE: IRM), the information management company, today announced the formation of a new consulting practice, which combines the companya™s long-established practice in records and information management and its electronic discovery management team. [ Iron Mountain Consulting ] advises customers around the world on how to lower the cost of managing information and records, meet complex industry regulations, prepare for eDiscovery, manage complex litigation and avoid data or IT systems disasters. By combining its deep knowledge in hardcopy records, electronic information management, litigation readiness and legal process into one consulting practice, Iron Mountain can better advise and offer customers integrated solutions for consistently managing all of their information with less cost, risk and complexity.

"More and more, companies are being faced with complex information management challenges"

Iron Mountain Consulting leverages and extends the companya™s experience in storing and managing data over the past 60 years. The new Iron Mountain Consulting practice combines the companya™s highly-regarded records and information management and eDiscovery consulting teams -- who have separately and successfully handled nearly 1,000 customer projects. Iron Mountain Consulting helps customers design, build and execute legally-defensible, but pragmatic, records management and retention policies and best practices.

Iron Mountain Consulting provides clients expert advice in the following areas:

• Records Management,including records classification schema, retention destruction policies and schedules, and compliance monitoring;
• Information Management, including risk assessment, information and systems mapping, and unstructured (e.g., email) and structured data management strategies;
• eDiscovery Management, including litigation readiness planning, complex matter guidance, and dispute advisory services.

aOur customers want clear, consistent and cost-conscious guidance on how to create compliant records and information programs to combat their mounting data and systems challenges,a said Ramana Venkata, president of Iron Mountain Digital. aCustomers do not view their challenges as distinct paper and electronic data challenges, but rather as complex information management challenges. For that reason, wea™ve created a single integrated consulting organization to help address any challenge our customers may face, regardless of the format, location or language of the underlying information.a

aWe engaged Iron Mountain Consulting to help us design records management programs and processes. We approached Iron Mountain because of their recognized expertise in the market, and they quickly earned our trust and respect with their advice and the results they produced,asaid Nicole Farrar, senior corporate counsel with Wilbur-Ellis Company. aIron Mountain Consultinga™s records management program development was invaluable to our company as we established and implemented consistent records management practices that optimize the balance between risk and cost across our organization.a

aMore and more, companies are being faced with complex information management challenges,a said Vivian Tero, Program Manager, Compliance Infrastructure Service, IDC. aIron Mountaina™s integrated consulting team can help companies solve those issues by helping design, build and execute records management and retention policies.a

Stephen Whetstone, Esq. and Thomas Barnett, Esq. will lead Iron Mountain Consulting.Barnett, vice president of Iron Mountain Consulting, will oversee the consulting practice and manage the team. Before joining Iron Mountain, Barnett was a special counsel in the litigation department of Sullivan & Cromwell, where he created and led its electronic discovery and compliance group. Additionally, he helped develop the original Sedona Principles on eDiscovery and the Electronic Discovery Reference Model (EDRM), and served as a securities and corporate governance litigator at Wilson Sonsini Goodrich & Rosati.

Whetstone will have ultimate responsibility for the consulting team in addition to other company strategic initiatives.He is currently the vice president of client development and strategy, and joined Iron Mountain through Stratify in early 2005, after 13 years of practice at AmLaw 50 firms, first as a litigation associate at Skadden Arps, and then as a litigation associate and partner at Testa Hurwitz.

The consulting team iscomprised of 70 information technology and records management professionals, including senior attorneys and pubic company counsel, computer scientists, electrical engineers, linguists and library and information scientists, and professional project managers.

For more information about Iron Mountain Consulting, please visit [ www.ironmountain.com/consulting ].

About Iron Mountain

Iron Mountain Incorporated (NYSE: IRM) provides information management services that help organizations lower the costs, risks and inefficiencies of managing their physical and digital data. The companya™s solutions enable customers to protect and better use their informationa"regardless of its format, location or lifecycle stagea"so they can optimize their business and ensure proper recovery, compliance and discovery. Founded in 1951, Iron Mountain manages billions of information assets, including business records, electronic files, medical data, emails and more for organizations around the world. Visit [ www.ironmountain.com ] or follow the company on Twitter [ www.twitter.com/IronMountainInc ] for more information.