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Computer hardware.


IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries)  Corp. has announced the global expansion of its Asset Recovery Solutions (ARS ARS

In currencies, this is the abbreviation for the Argentine Peso.

Notes:
The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion.
) program. Previously available only in the Americas, customers throughout the EMEA (Europe, Middle East, Africa) Refers to that region of the world. For example, one might see products packaged differently for the UK, EMEA and Asia Pacific markets.  (Europe, Middle East and Africa) and Asia-Pacific regions will now have a secure, cost-effective way to retire the computer hardware they no longer need.

Building upon 20 years of experience in maximizing value from IBM hardware coming off of lease, ARS "extends this experience to any customer for both IBM and non-IBM IT assets, providing a wide range of options to help them realize the full value of their hardware investment," the company said in an announcement.

ARS capabilities include:

Cash for IT -- IBM Global Financing will buy back eligible assets based on current market values to put cash in customers' hands. Customers have the option of a fixed-price takeout Takeout

A financing to refinance or take out another loan.
, where IBM provides a set price, paid within 30 days of receipt of equipment. Or, IBM will sell returned equipment on customers' behalf via competitive bids, sharing the revenues upon completion of the sale.

No-Cost Option -- For customers with a minimum of 25 units in complete and good working order, IBM will pack, transport and manage disposition of assets, at no cost to the customer.

Data Overwrite (1) A data entry mode that writes over existing characters on screen when new characters are typed in. Contrast with insert mode.

(2) To record new data on top of existing data such as when a disk record or file is updated.
 -- IBM will clean hard file data from disk drives with a three-times overwrite process, making data virtually impossible to recover. This option meets U.S. Department of Defense 5220-22-m 3-pass standards. Other data overwrite levels are also available.

Logistics Services -- IBM offers a streamlined approach to removing, transporting and warehousing equipment on behalf of customers.

Items without recoverable value in the U.S., EMEA and Asia Pacific will be disposed dis·pose  
v. dis·posed, dis·pos·ing, dis·pos·es

v.tr.
1. To place or set in a particular order; arrange.

2.
 of in accordance Accordance is Bible Study Software for Macintosh developed by OakTree Software, Inc.[]

As well as a standalone program, it is the base software packaged by Zondervan in their Bible Study suites for Macintosh.
 with applicable laws.

"Research shows that tracking, managing, controlling--and ultimately--retiring technology assets can add up to the single largest part of IT budgets," says Daniel H. Ransdell, general manager, IBM Global Asset Recovery Services. "Many customers do not realize that their surplus equipment can be remarketed. Nor are they fully aware of the risks of not retiring obsolete equipment properly."

Web: www.ibm.com
COPYRIGHT 2005 Financial Executives International
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:International Business Machines Corp.
Publication:Financial Executive
Geographic Code:1USA
Date:Jan 1, 2005
Words:338
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