Newmarket IT Changes Name, Adds New Program

Company hopes to boost the visibility of its electronic material reselling program.

Newmarket IT has announced that the company has changed its name to TechTurn. The company will continue to focus on salvaging and salable parts from obsolete electronic equipment, instead of immediately scrapping the products.

TechTurn also announced a recycling services program for value-added resellers and systems integrators.

"At TechTurn, we believe that re-use is the highest form of recycling, and we have the processes and expertise to return nearly 80 percent of the retired electronics we receive to the marketplace." said Jeff Zeigler, TechTurn founder and CEO. "Rather than dumping computer equipment into landfills, we refurbish, repackage, and resell devices and parts to a large market of potential customers. By approaching the market this way, TechTurn delivers both economic and environmentally friendly recycling solutions for computer manufacturers, corporations or outsourcers."

TechTurn’s new recycling services program is designed to produce revenue and market opportunities for qualified resellers. This program offers sales and marketing support to resellers, allowing them to sell IT asset recovery services to small-and-medium-sized business customers. Once a customer purchases this service from their reseller, TechTurn takes over, handling all logistics to remove and transport the assets to a TechTurn facility. TechTurn then conducts its procedures to ensure safe, confidential handling of the material, including:

Three-pass data wipe to ensure all data is eliminated permanently

Processing of assets to refurbish and resell all usable equipment; assets that cannot be refurbished are processed in accordance with environmental standards

Delivery of detailed reports verifying data destruction, EPA compliance, and serialized reporting for all fair market values offered

Complete accounting, reporting and payment within 10 days

Through its facilities, TechTurn processes more than one million electronic devices yearly and performs thorough data destruction on all hard drives that meets the Department of Defense and HIPAA standards.

TechTurn has also made available two new white papers that offer fresh perspectives on the following critical industry topics: data destruction and the problem with storage. These white papers and more information can be found on the company’s Web site: www.techturn.com.

In August of 2006, TechTurn received a $50 million infusion of growth capital from private equity firm Catterton Partners. The company’s rebranding and market expansion efforts are the latest initiatives that leverage this investment.