[>] Retrievex Enters Chicago Market

CONSHOHOCKEN, PA – J. Peter Pierce, Founder, President and CEO of Retrievex, Inc., a leading Records and Information Management Services provider announced today the acquisition of Joyce Records Center of Chicago, IL.

This transaction, our twelfth purchase, represents the continued expansion of the geographic service area serviced by Retrievex. In addition, Retrievex provides records management services to an ever-growing customer base throughout the New York metropolitan area, including northern and central New Jersey, New York City and Long Island, NY, Philadelphia and southern New Jersey and Delaware, Northern Virginia and Washington DC, Cincinnati, Ohio, Evansville, Indiana and Omaha, Nebraska as well as Las Vegas, Nevada.

Pierce’s entire career has centered on the development and advancement of the information management industry. “Since our founding in October 2007 we have coveted having a presence in Chicago which is the 3^rd largest metropolitan market in the United States.  With the acquisition of Joyce Records Center we can now service new customers in that market as well as offer our existing customers in other markets the ability to use us for their Chicago operations. We are especially pleased that we have entered this market with the acquisition of Joyce Records Center who over the years has established a stellar reputation for delivering the highest levels of quality service.”

Danny Mudd, owner of Joyce Records Center, stated, “In a competitive market such as Chicago we have always distinguished ourselves by offering our customers quality service.  We chose to sell to Retrievex, rather than others in the Records Management industry, because of Peter’s leadership and reputation for providing outstanding customer service.”

For additional information, contact Joe Nezi or Danny Mudd.

About Retrievex (www.retrievex.com)

A partnership of J. Peter Pierce and Welsh, Carson, Anderson & Stowe, Retrievex emphasizes the same outstanding commitment to customer service evidenced by Pierce’s records management industry leadership over the past four decades. Retrievex was formed in 2007 to provide the necessary financial resources and leadership to meet today’s diverse customer needs for records and information management services that now span a broad range of record types.

The company’s proprietary records management systems and processes are recognized as the industry’s most comprehensive solution and best-practices approach to records management.

About Welsh, Carson, Anderson & Stowe (www.welshcarson.com)

Welsh, Carson, Anderson & Stowe ("WCAS") is the largest private equity investor in the information / business services and healthcare industries. Since its founding in 1979, WCAS has organized 14 limited partnerships with total capital of over $16 billion. The firm is currently investing Welsh, Carson, Anderson & Stowe X, L.P. ("WCAS X"), a $3.4 billion equity fund, and WCAS Capital Partners IV, L.P., a $1.3 billion dedicated subordinated debt fund.

The firm’s strategy is to acquire growth businesses in its target industries and build value through both internal growth and acquisitions. WCAS differentiates itself from other private equity firms by its industry specialization, operational investment focus, and the retention of industry experienced management teams supported by the experience of its General Partners.

About Joyce Records Center

Joyce Records Center provides hardcopy document storage for business and medical file storage and confidential destruction services from its facilities in Elk Grove, IL and Chicago, IL.

For more than eight years, the company has provided records management and file storage services to customers throughout the greater Chicago Metropolitan area.