Gazelle CEO Israel Ganot Honored with Boston Business Journal "Best Green Practices Award" Ganot receives inaugural "Emerging Leader Award"

BOSTON, April 17, 2012 /PRNewswire/ -- Gazelle (www.gazelle.com), the leader in high-end consumer electronics trade-ins, today announced its co-founder and CEO Israel Ganot has been selected as the winner of the Emerging Leader Award of the Boston Business Journal's 2012 Best Green Practices Awards.  These awards honor companies and individuals who have worked to bring greater environmental sustainability to the workplace, their customers and communities.  Ganot is the first recipient of the Emerging Leader award, which is the newest Best Green Practices Award, and will be honored at the 5th annual Green Business Summit in Boston on May 9.

"I am thrilled to be recognized by the Boston Business Journal for our efforts to fundamentally change the way people consume electronic devices," said Israel Ganot, CEO of Gazelle. "When we launched Gazelle, there weren't many options for responsibly disposing of your electronic gadgets beyond simply recycling, and even that wasn't happening as much as it should.  Our reCommerce service was a new option and has become a key component of many consumers' purchase process.  In Q4 2011 alone, more than 150,000 iPhones were traded in at Gazelle, enabling our customers to subsidize their upgrades and ensure their old iPhones stayed in use.  This award is a testament to the value of and need for reCommerce."

Gazelle offers the industry's easiest way for people to quickly and safely trade in their gently-used smartphones and other high-end electronics for cash. Gazelle helps people upgrade smarter by rewarding them for giving the gadgets they no longer need a new life.  Gazelle continues to see tremendous growth and has become the leading player in the direct-to-consumer reCommerce space.  To date, Gazelle has facilitated more than 900,000 gadget trade-ins.

ABOUT GAZELLE
Gazelle (www.gazelle.com) is the leader in high-end consumer electronics trade-ins, providing an easy, fast and safe way for consumers to get cash for their unwanted devices. Gazelle takes the risk and effort out of selling electronic gadgets online with benefits such as free shipping and packaging and comprehensive identity and data removal. To date, Gazelle has helped more than 900,000 consumers trade their used gadgets to de-clutter their lives, earn quick cash and generally lead a greener life. Based in Boston, Gazelle is privately owned and is backed by premier venture capital firms Craton Equity Partners, Physic Ventures, Venrock Associates and RockPort Capital Partners.

Gazelle is a trademark of Second Rotation, Inc., registered in the U.S. iPhone is a trademark of Apple Inc., registered in the U.S. and other countries.

PRESS CONTACT:
Gerald Kimber White
RF|Binder Partners
(781) 455-8250
gazelle@rfbinder.com

SOURCE Gazelle



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