To create a new PST file for archiving in Outlook 2007, from the File menu select Data File Management…
In the Outlook “Data Files” tab click the Add… button
Select the Personal Folders File option and click OK
In the Address Bar, navigate to your H drive by typing in \\biz-info and selecting your personal folder. Enter a file name with the extension .pst
Keep the default name of Personal Folders and leave the rest unchecked. Place a password on the data file if you wish to do so.
Now within Outlook in your Folder List you will see a section for Personal Folders. You can organize this section with additional subfolders, etc.