January 1, 2009

SMARTBOX Acquires Big Box Storage

RICHMOND, Va., January 1, 2009 – SMARTBOX, one of the fastest-growing portable storage and moving companies, today announces the acquisition of Big Box Storage, a move that increases its national footprint to 43 markets served by 26 franchisees from coast to coast.

The combined company initially will be run under the SMARTBOX and Big Box Storage brands, both of which are ranked in Entrepreneur magazine’s Franchise 500®. Terms of the deal were not disclosed.

“Big Box Storage has built a solid reputation for customer service and affordable portable storage and moving,” SMARTBOX President Michael Lowe said. “We see this as an opportunity to solidify our portable storage presence and our place as the clear No. 2 player in the industry.”

About SMARTBOX
Founded in 2003, SMARTBOX is a leader in the portable self-storage industry, offering individuals and businesses affordable and convenient storage and local and long-distance moving solutions. Based in Richmond, Va., SMARTBOX services nearly 100 million people in 43 markets throughout the United States. SMARTBOX also can handle long-distance moves to 65 major metropolitan areas serving more than 135 million people. For a complete list of locations, please visit www.smartboxusa.com.

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