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Retech Advises How Not to Be a Corporate Victim of Unsafe & Illegal Asset Disposal

Businesses today face UNPRECEDENTED challenges concerning the disposal of trailing electronic equipment and compliance with all of the new Federal and State Laws regarding hazardous waste disposal and Corporate data confidentiality.

Cincinnati, OH May 29, 2004 -- Businesses today face UNPRECEDENTED challenges concerning the disposal of trailing electronic equipment and compliance with all of the new Federal and State Laws regarding hazardous waste disposal and Corporate data confidentiality. Ultimately, the most expensive cost associated with PC disposal is the PENALTY for failure to properly dispose of PC’s and the data residing on the drives. Retech Asset Recovery Solutions, Inc. now provides asset recovery and computer remarketing solutions to businesses.

No newcomer to the computer industry, Retech Asset Recovery Solutions, Inc. (initially established in 1996 as Retech Computer Equipment, Inc.) has changed the focus of its business. “We not only customize a program to meet a corporation’s individual needs, we educate companies on the pitfalls associated with disposal of electronic equipment and offer ways to decrease their liability,” said Michael A. Sutter, its CEO and President.

In the current environmentally conscious society, what to do with obsolete computer equipment becomes a major concern. Businesses have paid the price in terms of additional costs for proper disposal, regulatory fines, unfavorable publicity and even litigation when PC’s turned up in landfills, third-world countries or when confidential or sensitive data was recovered from hard drives that were not properly sanitized. Some companies have been assessed with heavy fines for disposal deemed “environmentally unsafe” and paid again when the disposal providers they partnered with collected their payment and then dumped the equipment. Businesses must clearly understand and carefully assess disposal alternatives against the growing risk of liability.

FIVE COMMON DISPOSAL MISTAKES:

The five (5) most common mistakes businesses make when disposing of electronic equipment:

1) Residual Confidential Data on Computers
2) Illegal Disposal
3) No Transfer of Title
4) Illegal Resale of Software
5) Hidden Costs (Storage, Security, Taxes and Insurance)

Retech Asset Recovery Solutions, Inc., provides the following services:

• Logistics Management (packing & shipping worldwide)
• Auditing and Inventorying of equipment
• Data Eradication based on DOD (Department of Defense) standards
• Repair and Refurbishment (Increasing the Fair Market Value)
• Disposal of Electronic Equipment
• Transfer of Title/Waiver or Liabilities
• Remarketing of Pre-Owned Equipment

Retech Asset Recovery Solutions, Inc., designs customized programs to meet a business’s needs for proper disposal of electronic equipment. Contact Retech Asset Recovery Solutions, Inc. to learn how their services can benefit your business.