Intechra Finalizes Multi-Company Acquisition.Unmatched in Size, Scale, Geographic Reach JACKSON, Miss. -- Intechra, the nation's largest information technology asset disposition (ITAD ITAD Integrated Telephone Answering Device ITAD Information Technology Asset Disposition ITAD Integrated Thermal Avionics Design ITAD Individual Training Analysis and Design ) company, today announced the completion of its acquisition of three companies from Chasm Holding Corp. The acquisitions give Intechra unmatched size, scale and geographic reach among ITAD companies in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . The three companies now part of Intechra are: * EPC (1) (Entertainment PC) See HTPC. (2) (Electronic Product Code) A standard code for RFID tags administered by EPCglobal Inc. (www.epcglobalinc.org). , Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. , Calif. * Market2Market, Columbus, Ohio * SpaceFitters, Hartford, Conn. These companies complement Intechra's existing operations in Columbus, Ohio; Dallas, Texas; Casa Grande, Ariz.; and Phoenix, Ariz. The processing centers in Hartford, Columbus, Dallas, and Phoenix handle remanufacturing and remarketing and can process about 335,000 assets each month, including computers, monitors, laptops, routers, servers, etc. The recycling centers in Casa Grande and Los Angeles and a recycling operation in the Dallas facility can together recycle about nine million pounds of electronic assets per month. "Combining the capabilities and employees of these companies with Intechra creates a powerful vertically integrated company with a full complement of remarketing, recycling and refurbishment services. We are particularly excited about our added recycling capability because environmental compliance is becoming more important to our clients," said Chip Slack, Intechra CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . Intechra is the only ITAD provider to be vertically integrated and have locations from coast to coast. Geographic proximity reduces shipping costs for clients while increasing speed to market for remarketed assets. Intechra, which adheres to stringent quality standards, will ensure processes at its newly-acquired facilities uniformly adhere to Intechra's standards and achieve ISO (1) See ISO speed. (2) (International Organization for Standardization, Geneva, Switzerland, www.iso.ch) An organization that sets international standards, founded in 1946. The U.S. member body is ANSI. quality certification. Intechra's facilities in Dallas, Phoenix and Columbus are already ISO certified. Institutional investors in Intechra Holding Corp. include Chrysalis chrysalis (krĭs`əlĭs): see pupa. Ventures in Louisville, Ky.; Clayton Associates in Nashville, Tenn.; First Avenue Partners in Nashville, Tenn.; Oxford Bioscience Partners in Boston, Mass.; Richland Ventures in Nashville, Tenn.; and SJF SJF Shortest Job First SJF Schweizer Jugend Forscht (German) SJF Sustainable Jobs Fund SJF Social Justice Fund SJF Single Jewish Female SJF Skopje Jazz Festival SJF San Jacinto Fault SJF Saint John Fisher Ventures in Durham, N.C. No investor owns a majority of the company. INTECHRA COMBINED COMPANY FACT SHEET Size * In excess of $80 million a year * Over 400 employees nationwide * Largest and fastest growing IT asset disposition company in the U.S. * Only completely integrated ITAD company, with full complement of remanufacturing, remarketing, recycling and redeployment re·de·ploy tr.v. re·de·ployed, re·de·ploy·ing, re·de·ploys 1. To move (military forces) from one combat zone to another. 2. capabilities * Coast-to-coast processing facilities resulting in an unmatched geographic distribution across the United States [TABLE OMITTED] Recycling Capacity Increase * Intechra pre-acquisition: 6 million lbs./month * Intechra with EPC Los Angeles: 9 million lbs./month IT Asset Disposition Services * Data destruction * Remarketing * Environmental recycling * Redeployment Client Base * Global 2000 * Small and medium-sized businesses * Municipalities providing electronics recycling for environmental purposes * Electronics manufacturers Corporate Websites * Intechra - www.intechra.com * Chasm - www.chasminc.com |
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