Error: Exception of type 'System.OutOfMemoryException' was thrown. occurring randomly when using CRM

The error is occuring on two app servers:

Exception of type 'System.OutOfMemoryException' was thrown.

Alert: w3wp.exe - Memory usage threshold exceeded
Source: xxxxxx IIS Process
Path: xxxx
Last modified by: System
Last modified time: 2/11/2015 2:49:35 PM Alert description: At least one of the instances of the w3wp.exe process has exceeded the memory usage threshold with a value of 1078886400 .

We are currently evaluating this issue and will update this article when we have more information.

Environment

 3.0.516.59

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