Businesses familiar with the benefits of recycling (http://www.ecointernational.com/) can glean even more from ECO International, LLC's acquisition of inventory (http://auctiondrop.com/) retailer AuctionDrop, effective June 16th 2008.
The acquisition allows AuctionDrop -- a leading online retailer for the liquidation of wholesale surplus and salvage inventory (http://auctiondrop.com/) and assets -- to grow and efficiently serve its customers with the necessary resources and technology. Customers receive the benefit
of enhanced services, including expanded geographic coverage and additional services, including end-of-life recycling, to both the retailers and manufacturers.
ECO International, LLC, a world-wide electronics asset recovery and recycling company, will also be able to provide its clients who already recognize the benefit of recycling (http://www.ecointernational.com/) with even more innovative and expanded approaches for the disposition of e-Waste.
AuctionDrop is a leading online retailer for the liquidation of wholesale surplus and salvage inventory and assets. The Company's business-to-consumer model sources wholesale, surplus and
excess inventory from big box national retailers, high-end luxury retailers and manufacturers selling merchandise through its own website portal (auctiondrop.com) as well as other online
channels such as eBay. Operations include all aspects of the reverse supply chain from supplier pickup-up, merchandise auction listing, packing and shipping to tracking, and collections
while providing superior customer service.
The AuctionDrop value proposition provides simplicity, consistency, and reliability for manufacturers and retailers to maximize yields on the disposition of excess inventories, customer
returns, and damaged overstock goods. This is achieved by reducing the internal costs for the manufacturer or retailer while yielding the maximum value of the product by selling it
directly to consumers and increasing the benefits of recycling.
Market performance: AuctionDrop consistently ranks among the top EBay sellers based on volume sold while maintaining a remarkable 98.2% positive buyer "feedback" rating for cumulative
transactions to-date. Awards received; � Always on Top 100 � Silicon Valley Business Journal Fast 50 (Ranked #3) � Deloitte & Touch Technology Fast Rising Stars (Ranked #12).
Auction Drop was advised on this transaction by America's Growth Capital.
About ECO International: ECO services various electronics recycling market segments from local municipalities and state recycling programs to original equipment manufactures (OEM's),
Business to Business (B2B), Business to Retailer (B2R) and direct to consumer (B2C) programs helping increase electronics asset utilization and assure recycling regulatory compliance
during technology life cycles. ECO is a privately held company with sister companies serving high technology electronic manufacturing, research and development, international electronic
component distribution, with annual revenues in excess of $700 million.
Corporate vision includes investing in new technology, organic growth, strategic acquisitions, and third party partnerships to achieve our goals and objectives as a market leader.
To learn more about the benefits of recycling with asset recovery and recycling company ECO international and online excess inventory retailer AuctionDrop, visit www.ecointernational.com or www.auctiondrop.com
Contact Information:
Vicky Bevilacqua-True Brad Brown
VPCorporate Development VPSales & Marketing
Auction Drop ECO International
Direct: 650.470.6960 Direct: 607-321-2079 ext 331
Fax: 650.470.6995 vtrue @ auctiondrop.com Fax: 607-321-2085bbrown @ ecointernational.com