AnythingIT and Samsung Launch E-Waste & Asset Recovery Program for Samsung Customers

FAIR LAWN, N.J., Feb. 29, 2012 /PRNewswire/ -- AnythingIT Inc., (OTCBB: ANYI), a leading information technology end of life reuse, recycler and E-Waste handler serving both government and commercial markets for over 20 years, today announced the launch of its E-Waste Recycling & Asset Recovery Program for customers of Samsung Electronics America. Expanding on its 10+ year relationship with Samsung, this program provides partners with access to a dedicated microsite located at www.PartnerSamsung.com built specifically for asset recovery, IT recycling and trade-in programs to ensure that all obsolete devices are resold or recycled in a secure and environmentally responsible way.

"As a global organization, Samsung has a commitment to adopting eco-friendly practices in all aspects of our business," said Richard Hutton, senior channel marketing manager for Samsung's Enterprise Business Division. "We greatly value our partnership with AnythingIT and appreciate their efforts in helping to drive the appropriate recycling of e-waste, limiting the environmental impact associated with electronics disposal. This program is an important piece in Samsung's larger "Partners in Innovation" channel program which was designed to empower our valued channel partners with the resources they need to provide their customers with the innovative products and solutions they have come to expect from a global IT leader." 

"These programs continue to serve their purpose in demonstrating a viable and compliant take-back solution for Samsung customers," stated David Bernstein, President of AnythingIT Inc. As the challenges of e-waste continue to mount, AnythingIT and Samsung Electronics continue to deliver innovative solutions to this ongoing problem.   

Since 2004 AnythingIT and Samsung have been partners in offering the EnviroSync Trade-In & Recycling Program as well as the STAR Toner Recycling Program in both the US and Canada.  Additionally, customers may be eligible for cash rebate discounts when trading-in equipment that is in good working condition and of a reasonable age.

For more information about innovative asset recovery programs managed by AnythingIT, please contact AnythingIT at (877) 766-3050 or via the Internet at www.anythingit.com.

About AnythingIT

AnythingIT is a United States Government-GSA contracted - CCR Registered vendor with Congressional Recommendation for IT Asset Management, Forensic Data Scrub (Department of Defense 5220.22M certified), Trade-In, Donation Processing, and EPA Disposal services. Entering its 17th year of business, AnythingIT services both the commercial, Fortune 500, as well as Government entities out of facilities nationally and globally. 

About Samsung Electronics America Enterprise Business Division

Based in Ridgefield Park, N.J., Samsung's Enterprise Business Division (EBD) is a division of Samsung Electronics America (SEA), a U.S. subsidiary of Samsung Electronics Company, Ltd. (SEC), the world's largest technology company based on revenue. As one of the fastest growing IT companies in the world, Samsung EBD is committed to serving the needs of consumers ranging from the home user to the Fortune 500 elite and supporting the valued channel partners who serve our customers. Samsung EBD offers a complete line of award-winning color and mono-laser printing solutions, desktop monitors, laptop computers, and digital signage solutions. For more information, please visit www.samsung.com/business or call 1-800-SAM-4BIZ.

Safe Harbor Statement

This press release contains forward-looking statements that can be identified by terminology such as "believes," "expects," "potential," "plans," "suggests," "may," "should," "could," "intends," or similar expressions. Many forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from any future results or implied by such statements. These factors include, but are not limited to, fluctuations in inventory valuation and risk of declining prices of new computer equipment, dependence on sales to the Federal government or prime contractors for the Federal government, its ability to effectively compete, the possible need to raise additional capital, a limited public market for its common stock, among other risks. AnythingIT Inc.'s future results may also be impacted by other risk factors listed from time to time in its SEC filings. Many factors are difficult to predict accurately and are generally beyond the company's control. Forward-looking statements speak only as to the date they are made and AnythingIT Inc. does not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made

For further information, please contact:

David Bernstein
AnythingIT Inc.
201-475-7301
daveb@anythingit.com

SOURCE AnythingIT Inc.



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