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FOR IMMEDIATE RELEASE
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| Vicki Kessler |
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| (615) 320-7532 |
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| vkessler@atkinsonpr.com |
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Intechra Adds National
Logistics Network, Two Acquisitions
JACKSON, Miss., (July 16, 2007) –
Electronics lifecycle management (ELM) provider
Intechra today unveiled the
latest elements in its aggressive growth strategy with the
launch of a national logistics network and two acquisitions.
The two acquisitions are Lifecycle Partners, with
operations in New Hampshire and
North Carolina, and BCS Logistics (BCS), a transportation company
based in Dallas.
These are Intechra’s fifth and sixth acquisitions since last
November. Intechra has
successfully integrated the four prior acquisitions into its operations.
“The addition of Lifecycle will strengthen our
Northeast operations and provide a key
facility in the Southeast,” said Intechra CEO Chip Slack.
“Nationwide IT logistics is the
one service that no one in the industry has solved satisfactorily.
We believe we have the
solution in our logistics network with BCS’ expertise and
experience to serve as the
foundation.”
LOGISTICS
A nationwide logistics network solves one of the most vexing problems
for clients:
secure, reliable transportation of IT assets.
“IT assets pose a unique challenge because they
are both high value and high risk for
corporations,” Slack said. “Intechra’s in-house
management of logistics will bring peace
of mind that clients cannot find with third-party shippers and will
provide an audit trail for
compliance with data security and environmental laws.”
Intechra’s logistics network will offer clients a single,
secure chain of custody for their IT
assets. Intechra will have full-time logistics security specialists
trained to handle IT
assets and help clients manage the packing, scheduling and shipping.
The specialists will operate Intechra vehicles out of 19 logistics
centers nationwide. The
Intechra logistics fleet will initially include more than 25 vehicles,
ranging from box trucks
to tractor trailers.
Client assets will be in Intechra’s possession throughout
the transportation process until
they arrive at an Intechra facility. Slack said that chain of custody
is also an important
part of auditing for compliance with data security and environmental
laws.
The logistics network will be operational nationally by the end
of third quarter.
BCS ACQUISITION
Intechra acquired BCS to be the backbone of its growing logistics
operation. Terms of
the deal were not disclosed.
“BCS brings the leadership, systems and credibility to execute
our IT logistics strategy,”
Slack said.
The BCS management team is composed of former UPS executives with
more than 100
years of combined experience in specialty transportation, dispatch,
routing, GPS
tracking and delivery confirmation. The company also has experience
in target industries
for Intechra, including the unique security requirements of healthcare
and financial
services clients.
“We are thrilled to join Intechra and make a positive difference
in how IT assets are
handled,” said Brad Davis, BCS CEO. “Quality and customer
service are hallmarks of
both organizations. Our logistics expertise combined with Intechra’s
scale will provide a
complete transportation solution for clients’ assets.”
LIFECYCLE ACQUISITION
The acquisition of Lifecycle Partners adds a second Northeast location
(Merrimack,
N.H.) and seventh facility to Intechra’s nationwide processing
network, as well as a
logistics facility in Durham, N.C. for serving Mid-Atlantic and
Southeast clients. Terms of
the deal were not disclosed.
“Lifecycle bolsters our Northeast presence, gives us a valuable
Mid-Atlantic location and
adds a specialty in processing high-end storage equipment,”
said Slack. “This
acquisition is another step in our plan to create an electronic
lifecycle management
company with the scope and scale to meet the needs of any client.”
“We are excited to join Intechra and become part of the largest
and fastest growing
electronics lifecycle management company,” said Tom Coots,
Lifecycle Partners CEO.
“Our clients are eager for the expanded services that none
of our competitors can
match.”
With the acquisitions, Intechra has plants which can remanufacture
and remarket more
than 350,000 retired IT assets per month, including computers, monitors,
laptops,
routers, and servers. The company’s recycling centers can
recycle eight million pounds
of electronics per month. In-house logistics centers will provide
competitive secure
transportation of assets for clients throughout the country.
Intechra is the only fully integrated ELM provider with a national
footprint covering every
region of the country, providing improved service on shipping and
speed to market for
remarketed assets. Intechra will implement processes at its newly-acquired
facilities to
achieve ISO certification as well as stringent security so that
clients are assured of
consistent services, regardless of geography. Intechra has a zero-landfill
policy,
ensuring all e-waste is fully recycled.
By 2009, consumers are expected to replace more than 800 million
and dispose of or
“retire” more than 512 million PCs. Large corporations
are paying more attention to IT
asset disposition and data destruction because of federal security
and privacy laws such
as the Sarbanes-Oxley, HIPAA and Gramm-Leach-Bliley Acts, as well
as environmental
legislation in 40 states addressing e-waste.
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