Iron Mountain and Featured Analyst Firm Discuss the Importance of Technology Escrow in Software Licensing

November 13, 2006

Webcast-on-demand now available

BOSTON, Nov. 13 /PRNewswire-FirstCall/ -- Iron Mountain Incorporated (NYSE: IRM), the global leader in information, protection and storage services, has developed an educational webcast titled, Protecting Mission Critical Applications with Technology Escrow, which is now available on-demand at http://www.ironmountain.com/events/gartner. The webcast features Gartner Research Director Jane Disbrow and Iron Mountain Vice President John Boruvka.

When licensing software or other technology, the IT, Procurement or Legal department needs to address increased regulatory compliance pressures to ensure the protection of strategic assets. Often, these strategic assets are in the form of software applications that materially affect a company's business.

Technology escrow is a smart and effective component of a business continuity strategy that software licensees can use to protect their mission critical applications in an ever-changing environment.

"It is an insurance policy to make sure you have access to that source code should that vendor no longer maintain that software for your organization, so this gives you an alternative," notes Disbrow during the webcast, emphasizing the need for escrow.

Inherent to every technology license agreement is a level of risk. Companies that supply and demand technology must adjust to a fast-changing marketplace, and with such uncertainty, precautions are needed. In the webcast, Disbrow advises, "It is very important when setting up an escrow agreement to make sure the contract actually gives the customer the rights it needs in order to maintain that source code." This webcast from Iron Mountain, featuring Gartner, will look at how and why technology escrow plays a key role in any well-crafted technology license agreement.

John Boruvka, vice president of Iron Mountain's Intellectual Property Management group states, "Today, forces such as regulatory compliance, outsourcing, and Software as a Service models are creating new dynamics in software licensing, and technology escrow is one way that companies can protect software source code and other intellectual property assets."

Speaker Biographies:

Jane Disbrow is a research director at Gartner, where she is part of the IT Asset Management and Applied Research group. Ms. Disbrow covers software license agreements, best practices for contract terms and conditions, negotiation strategy, license metrics and software audits. Ms. Disbrow has more than 20 years experience in technology procurement.

John Boruvka is the vice president for Iron Mountain's Intellectual Property Management business unit and has been involved in the technology escrow field for more than 19 years. His focus is helping companies create solutions relating to protecting intellectual property assets. Mr. Boruvka is considered an authority in the field of protecting intellectual property and has written articles and presented on this topic at associations, conferences and prestigious law firms across the United States, Canada, South America and Europe.

Media Note: For interview requests with John Boruvka, please email dmmkdoyle@comcast.net

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 http://www.ironmountain.com.

CONTACTS:
Media -
Maria Doyle
Public Relations
(781) 964-3536
dmmkdoyle@comcast.net

SOURCE:
Iron Mountain Incorporated