ARCHIVESONE DOCUMENT AND RECORDS STORAGE ACQUIRES NEWARK RECORDS COMPANY

NEWARK, NJ/Sept. 14, 2004

ArchivesOne, headquartered in Waterbury, Conn., with warehouse space in Newark and one of the four largest U.S. records management and storage companies, has acquired Rimback - Record Storage Division in Millburn, New Jersey.

This is ArchivesOne's 5th acquisition of 2004, its 8th in the last two years and its 19th acquisition in the records management industry, according to John Pavlovich, COO for ArchivesOne. Pavlovich added "Our new customers will benefit tremendously from increased technology and added customer service capabilities."

"I am very enthusiastic about the deal," said ArchivesOne SVP for Sales & Marketing, Jon D'Elia. "The new customers will fit nicely into our New Jersey customer base and will move us further toward our goal of being the number three player in the off-site storage industry."

ArchivesOne services customers in ten metropolitan markets and has approximately $25 million in annual revenues. Since its inception in 1991, ArchivesOne has grown substantially. The company, which was named to Inc Magazine's list of the 500 fastest growing private companies in October 2003, now has relationships with over 4,500 customers and currently has more than 170 team members. For more information, visit the ArchivesOne website at www.archivesone.com.