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7/17/09 GSK press release

 

Prestigious “Green15 Awardsm” Designation Calls Attention to
Importance – and Financial Benefits – of Recovering Retired IT Assets

PlanITROI client GlaxoSmithKline honored by InfoWorld magazine
Investment return from 4+ year-old IT assets exceeds $1million

DENVILLE, NJ – For IT asset value recovery leader PlanITROI, it was business as usual. But for client GlaxoSmithKline (GSK), it was almost as though $1 million materialized … out of thin air.

InfoWorld magazine’s recognition – via a prestigious 2009 “Green15 Award” designation – of GSK for ridding itself of nearly six tons of e-waste shines a spotlight on PlanITROI’s model for transforming waste into cash. Specifically, InfoWorld lauded GSK for its environmentally responsible cleanup of retired IT equipment at its U.S. headquarters in Philadelphia. PlanITROI handled the collection of items for disposal and recovered IT assets of value through its technology refresh process, while older and “orphaned” equipment was redirected through the proper recycling processes. 

GSK’s total, 2008 return-on-investment from PlanITROI’s value recovery and remarketing of its IT assets was – as noted by InfoWorld – in excess of $1 million, nationwide.

“Our focus is handling end-of-life IT asset management challenges for major corporations, resellers, OEMs and government agencies, so we’re as aware as anyone that organizations shouldn’t have old hardware laying around, taking up space and energy,” says Paul Baum, PlanITROI CEO. “Quite simply, doing so represents a tremendous waste of fiscal resources – something most organizations are working very hard to avoid these days.”

For GSK, and other clients of PlanITROI, the IT asset value recovery process is repeatable and ongoing. So the financial rewards – which come with no direct cost to PlanITROI’s clients – are not merely a one-time benefit. Rather, the value of recovered technology assets can continue growing over time.

“Not only do products that are no longer needed siphon off power by still being plugged in, but they could also be useful elsewhere, by a business, school or consumer that doesn’t consider the technology out-dated,” notes Baum. “With a consistent program of IT asset value recovery, including recycling as a last resort, we have a win-win situation for all who participate.”

About PlanITROI 
PlanITROI, Inc., the leader in IT Asset Value Recovery, has been at the forefront of the “Green” or “Sustainable IT” movement since 1991. The company has enabled organizations to comply with environmental regulations and keep their retired IT assets out of the waste stream.  Operating with an eco-friendly, zero-landfill policy, PlanITROI recognizes  the strong global demand for high quality, refurbished IT assets.  Through its “refresh” process the company also addresses data security compliance to DOD and NIST standards, and provides chain-of-custody tracking for final asset disposition.  PlanITROI supplies the finest quality major name brand, pre-owned refurbished PCs to a large base of e-tailers, retailers and established resellers.  PCs that meet the highest standards and pass a multi-point quality assessment, receive the PlanITROI Certified Nusedsm designation.  PlanITROI is a commercial Microsoft® Authorized Refurbisher (MAR) and a Microsoft Gold Partner.  Further details are available at www.PlanITROI.com and www.Nused.com.

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