Secured Digital Storage LLC Acquired By Mountains West Exploration » read source
Mountains West Exploration, Inc. announced that on November 7, 2007, it completed its previously announced acquisition of Secured Digital Storage LLC in an all stock transaction. SDS will provide remote high capacity online backup data storage for mission critical data to various businesses, healthcare facilities and government agencies. SDS's business model focuses its storage space to smaller, more secure data centers that are dedicated to storage, where the storage volume and connectivity is matched to each customer's specific requirements.
"We are extremely pleased to have completed this acquisition. We now have in place the building blocks to launch the Company's data-storage managed services model. The demand for our managed services model is substantial and I am excited about the Company's potential growth," said Doug Stukel, Mountains West Co-CEO.
The business model further contemplates utilizing its patent-pending Bunker Power configuration which is ideally suited for use in decommissioned military ammunition bunkers and also complies with "Green" environmental policies and Department of Energy's "Surety Zone" standards. Additionally, the Company is announcing that it will begin using Secured Digital Storage as the name it is doing business under, while it fulfills the requirements to officially change the name of the Company.
Lee Wiskowski, Mountains West Co-CEO added, "SDS's datacenter design is a paradigm shift in the manner in which datacenters are being designed and constructed today. With SDS, we expect to reset the standards for security, survivability, and efficient use of power and cooling technologies. Both Doug and I are extremely excited that Bill Lynes will be joining our leadership team. His vision and leadership are invaluable in the development of our business strategy and we look forward to a rewarding partnership with Bill."
"While the merger negotiations were being completed, the joint management team continued to develop our business plan, focusing on bunker acquisition, datacenter construction, sales and marketing development, building its command and control center facility, and hiring additional members to staff operations. We are looking to grow at an aggressive pace and sustaining the momentum is foremost on all our minds. We fully expect to raise the bar for remote data-storage managed services," sated Bill Lynes, SDS's Chairman and CEO.