Retrievex Continues its Expansion

Retrievex adds Washington DC and Northern Virginia to its service area

PHILADLEPHIA, PA January 15, 2010 - Peter Pierce, founder and former owner of Pierce Leahy Archives, announced today the acquisition of Save-A-File Systems, Manassas, Virginia.  With this acquisition Retrievex continues its expansion throughout the Northeast and Mid-Atlantic States and is now able to service clients from New England through Northern Virginia.

According to Pierce, who is the Retrievex President & CEO, “Since we began operations in October 2007, we have been very pleased with the reception our customers have given us and the results of our sales efforts.  These bear out my earlier belief that the industry is anxious for a Records Management company committed to customer service and with the experience and expertise to offer ever-expanding services. With the acquisition of Save-A-File Systems we have acquired a company that shares our philosophy of Quality Paramount and Customer Foremost and gives us a footprint in the one of the largest markets for Records Management services in the country.”

Douglas Woodard, owner of Save-A-File Systems, credits his respect for the Pierce Leahy organization and its leadership for selecting Retrievex from other suitors for his business.  Woodard states “When we were first thinking of entering the Records Management industry 23 years ago we approached Peter and his Dad, who at the time many considered the founding fathers of the Commercial Records Management Industry.  They were very open and shared their philosophy of putting the customer first and treating your employees with respect. When we decided to sell our business Retrievex wasn’t the only suitor but after meeting with Peter, I realized that he and the organization he leads were the best fit for our customers and employees.”

For additional information, please contact Joe Nezi or Douglas Woodard.

About Retrievex   (www.retrievex.com)

A partnership of Peter Pierce and Welsh, Carson, Anderson & Stowe, Retrievex will emphasize the same outstanding commitment to customer service that was the hallmark of Pierce’s leadership at Pierce Leahy Archives.  With Pierce and his management team providing the leadership to meet today’s diverse customer needs for records management services that now span a broad range of record types, Welsh, Carson, Anderson & Stowe provides the necessary financial resources to invest in and grow the Retrievex footprint nationally.

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.

About Save-A-File Systems.

Save-A-File Systems is a provider of records management services based in Manassas, Virginia and services the Washington DC and Northern Virginia markets. Save-A-File Systems was founded in 1986 by Douglas Woodard and his father.  The acquisition of Save-A-File Systems will add approximate 425 customers ranging from small business owners to large institutional clients such as hospitals and universities to the Retrievex family of clients.