Avail Recovery Solutions
Laura N Gerard
Headquartered in Chandler, Arizona, Avail Recovery Solutions ("Avail") focuses on IT asset disposition (ITAD) services-the safe and responsible management of retired electronic equipment. They facilitate reuse of retired IT assets and equipment by refurbishing and then redeploying or reselling them. Avail also recycles discarded electronics, transforming obsolete equipment into raw material. This diverts material from landfills and provides feedstock for making new products.
Envela's ongoing business strategy includes seeking acquisitions with promising synergies, creating value for its shareholders and enhancing its brand with additional product offerings. Acquiring Avail will advance this strategy and expand the Company's presence in the environmentally friendly recommerce sector.
"Sustainability is at the core of what we do, and Avail has an impressive record of delivering creative, sustainable IT solutions through its team of innovative professionals," said Tommy McGuire, President of ECHG. "This is a terrific opportunity to expand our companies' recommerce offerings and generate additional value for our shareholders," added McGuire.
"We are elated about joining ECHG and the Envela family of recommerce companies, and all of the new opportunities this combination promises for Avail's clients, employees and business partners," said Justin Tinkle, President of Avail Recovery Solutions. "I believe we'll significantly enhance our offerings and add considerable value to our customers by teaming with ECHG, whose relentless commitment to quality and innovation is well established. We can't wait to start this exciting new chapter together," added Tinkle.
ECHG helps a number of the world's leading brands and retailers accelerate their sustainability transformations by extending their assets' life cycle. Its services include returns management, product refurbishment, consumer trade-ins, product de-manufacturing, end-of-life recycling, IT asset disposition, recommerce, and reverse logistics.
Avail is a full-service electronics and materials lifecycle-management company, providing innovative recommerce solutions for IT asset disposition and electronics recycling. Avail helps its clients meet their sustainability goals, utilizing industry-leading transparency for its disposition and recycling services. Its services include asset disposition, complete digital-data destruction, and value recovery of technology assets. Avail works with Fortune 2000 companies and other organizations to recover invested capital from retired assets through resale and end-of-life recycling. For more information about Avail, visit the company's website, www.availrecovery.com.
Envela and its subsidiaries engage in diverse business activities within the recommerce sector. These include recommercializing luxury hard assets, consumer electronics and IT equipment; and end-of-life recycling solutions. Envela assesses its inventory of recommerce purchases for their potential to be refurbished and resold as whole goods, or to be recycled for component parts or precious-metal value. Envela also offers comprehensive recycling solutions for a variety of other companies seeking responsibly to dispose of end-of-life products. Envela operates primarily via two recommerce business segments. Through DGSE, LLC the Company recommercializes luxury hard assets via Dallas Gold and Silver Exchange, Charleston Gold & Diamond Exchange, and Bullion Express brands. Through ECHG, the Company operates Echo Environmental Holdings, ITAD USA Holdings, and Teladvance, which recommercialize primarily consumer electronics and IT equipment, and provide end-of-life recycling services for various companies across many industries. Envela conducts its recommerce operations at retail and wholesale levels, through distributors, resellers, dedicated stores and online. Envela is a Nevada corporation, headquartered in Irving, Texas.
This press release includes statements that may constitute "forward-looking" statements, including statements regarding current and future equity acquisitions, business strategies, and the potential future success of the Company and its subsidiaries. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, market conditions and other risks detailed in the Company's periodic report filings with the Securities and Exchange Commission. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release except as required by law.
Avail Recovery Solutions is a world-class IT asset disposition company based in Chandler, AZ. They specialize in safely recovering value and disposing of decommissioned hardware, offering sophisticated FMV pricing, certified data destruction, and environmentally sound e-waste recycling. With their advanced IT asset disposition services, including detailed asset management reporting and nationwide coverage, Avail is the trusted partner for secure recovery, resale, and recycling of decommissioned IT hardware.
They also provide expert data center decommissioning services, handling server, storage, and networking equipment with full-service de-installation and on-site certified data destruction solutions. Avail offers an intuitive online portal for tracking organization-wide IT asset disposition data and easily scheduling pickups from offices and data centers nationwide. With their commitment to excellence and industry certifications, Avail Recovery Solutions is the go-to choice for companies seeking reliable and efficient IT asset disposition services.
Because accidents and natural disasters can happen at any time, utility companies need a plan of action prepared and ready to go. Avail portable, substations provide utilities with a quick, convenient power recovery solution. Designed to restore or deliver power wherever it is needed, as fast as it is needed, Avail portable substations can play an integral part in that recovery plan.
When a forty-year-old metal-clad switchgear experienced a catastrophic failure, it started a fire in a faulted section of the metal-enclosed bus. The fire then spread quickly to an adjacent bus, shutting down the entire switchgear and disrupting a critical power load.
The faulted switchgear was immediately removed from the pad and the disconnected cables were insulated with insulating sleeves until the load could be fed from a transformer via the portable switchgear furnished by Avail.
Since the utility had more than one portable switchgear available, it allowed them to promptly bring one of the units to the distribution substation site. The line side of the portable switchgear was fed from the transformer secondary, allowing the utility to quickly restore power to the critical load and remain functional. This provided valuable time to work out a long-term solution for the replacement of the faulted switchgear.
Avail Recovery Solutions is a reliable asset recovery partner for decommissioned enterprise IT equipment (servers, storage, networking, and computers). We are certified and insured for secure destruction of data and safe dispose of electronic waste.We combine years of IT industry experience to provide customized solutions for retired technology assets. Our experience in the data center makes us an ideal partner for complex projects involving the disposition of high tech hardware. We minimize our clients' risk by maintaining an ongoing knowledge-base of best practices for data destruction and e-waste recycling certifications.Avail is sensitive to the needs of IT asset management departments and produces reports to match up with our clients' internal database requirements. Our enhanced chain-of-custody capabilities include on-site asset tracking and off-site reconciliation to guarantee safe handling during transportation.
The e-waste recycling industry in Arizona is focused on promoting environmentally sound practices by responsibly processing electronic waste. The industry is driven by companies that provide a range of services including safe disposal, recycling, and IT Asset Disposition (ITAD) solutions. As more organizations become aware of the importance of secure, environmentally-friendly e-waste management, these firms have stepped up, offering solutions that conform to strict industry standards while enhancing data security and asset recovery value. The industry's future reflects a continual increase in the need for these services due to constant technological advancements and updates.
DMD Systems is a company that specializes in IT Asset Disposition (ITAD) solutions. They provide secure and environmentally-friendly services for companies looking to dispose of their IT assets while adhering to rigorous security standards. With a focus on value recovery and sustainability, DMD Systems ensures that their customers can confidently manage the disposal of their IT assets.
AmpleTech Refresh is a company that specializes in IT asset disposition and electronic waste recycling. They offer services such as data destruction, shredding, erasure, wiping, and degaussing. Their solutions and services help companies reinvent their IT infrastructures through asset inventory services, improved data security, recouped equipment value, and adherence to industry standards.
R3eWaste is a zero-landfill company providing nationwide IT Asset Disposition (ITAD) and Secure Data Destruction with Full-Spectrum Corporate and Residential Services. They specialize in reducing waste in landfills by recycling and reusing electronic items. They offer a complete recycling plan tailored to the needs of companies, government agencies, municipalities, and local residents.