Securit | Shred-it Names Vincent R. De Palma To Serve As President And Chief Executive Officer

SECURIT | SHRED-IT NAMES VINCENT R. DE PALMA TO SERVE AS PRESIDENT AND CHIEF EXECUTIVE OFFICER

Oakville, ON August 26, 2009 – Securit | Shred-it, a world-leading information security company, announced today that its board of directors has named Vincent R. De Palma to serve as the company’s President and Chief Executive Officer. Securit | Shred-it has been operating under interim leadership since the death of the company’s founder, Greg Brophy, in September 2007.

De Palma, 52, has served as President, Pitney Bowes Management Services, since June 2005. Prior to joining Pitney Bowes, De Palma had been a Corporate Officer and President of ADP Benefit Services at Automatic Data Processing (ADP). He has also held senior management positions at Petroleum Heat & Power Company and McKinsey & Company. De Palma received his Bachelor of Science degree in Chemical Engineering from Lafayette College and his Masters of Business Administration in Finance from The Wharton School of Business at the University of Pennsylvania.

"The board of directors selected De Palma based on his strong track record leading service–based organizations, as well as his impressive executive and personal qualities," said David Samuel, Securit | Shred-it’s Chairman of the Board. "Our search for a permanent leader to ensure Securit | Shred-it’s continued success has been thorough," said Samuel. "A screening team, including Tracey Brophy, wife of the late Greg Brophy, interviewed numerous candidates for the position. Vincent’s background and cultural fit with the organization made him an ideal choice for the leadership role."

"Securit | Shred-it is a leader in information security, with over 20 years of success," said De Palma. "I’m thrilled to join the company and am honoured to have the opportunity to build upon the great foundation that Greg Brophy established. I’m excited for the future of this company and am looking forward to helping to bring the company even greater success."

About Securit | Shred-it

Securit | Shred-it is a world-leading information security company providing services that ensure the security and integrity of our customers’ private information. The company operates 140 branches in 16 countries worldwide and has more than 20 years of experience servicing over 150,000 global, national and local businesses, including the world’s top intelligence and security agencies and more than 500 police forces, 1,500 hospitals, 8,500 bank branches and 1,200 universities and colleges. Securit | Shred-it offers three primary service lines: Records Management, Data Protection, and Shred-it Document Destruction. For more information, please visit www.securit.com and www.shredit.com.