McFarland to remain CEO of Paragon Green and CEO of Classic Computer Recovery

GARDEN CITY, Mich., Dec. 1 /PRNewswire/ -- Paragon Green, a leader in the information technology (IT) asset recovery and e-waste recycling industry, announced today the appointment of Linda McFarland as executive vice president of business development for joint venture partner 5R Processors Ltd. (5R), based in Ladysmith, Wis. She will continue to serve as CEO of Paragon Green and president and CEO of Classic Computer Recovery, Inc. (CCR), which are both based in Garden City, Mich.

Paragon Green is a joint venture formed by McFarland, founder and owner of CCR, and Tom Drake, founder and CEO of 5R. Between CCR and 5R, the companies recycle an estimated 20 million pounds per year, and Paragon Green projects that it will collect and recycle more than 50 million pounds of materials in 2010.

McFarland is a visionary entrepreneur in IT asset recovery and the electronics recycling industry. She is known for being creatively passionate about diverting e-waste from curbside disposal by working to responsibly convert recoverable electronic equipment into re-marketable used products or component parts. Any equipment Paragon Green collects that does not have a resale value in the used market is safely dismantled and converted into commodities for reclaimed metals, plastic and other recyclable materials.

"With the global economic recession, IT departments are focusing on cost reduction as a leading priority in their budget planning," McFarland said. "Reclaiming, refurbishing and remarketing IT equipment is an innovative and environmentally proactive approach for companies to offset IT budgets by converting used assets to cash."

Paragon Green's asset recycling program is a full circle, end-to-end market managed recycling solution that supports a zero e-waste environmental agenda.

"Paragon Green accepts all e-waste from the commercial markets, including what others consider non-value electronics, including monitors and televisions," McFarland said. "We also do not ship unprocessed, hazardous e-scrap, such as lead-based glass found in monitors and televisions to other countries. Instead, our lead-based glass de-manufacturing solution, called glass-to-glass processing, is the only true, environmentally sound recycling process."

In addition to e-waste, Paragon Green is a waste recycling resource for a broad range of goods including fluorescent lights, cardboard, plastic, rubber, and hazardous materials such as lead acid batteries. Paragon Green also takes an active role with schools and community governments by participating in collection events and pilot programs that encourage the community to recycle.

Paragon Green serves medium-sized companies and large corporations within the healthcare, education, government, hospitality, solid waste, e-waste and asset recovery industries, as well as school districts, government entities and solid waste agencies. It operates four plants with nine locations in six states, totaling 300,000 square feet of space, located in Michigan, Illinois, Georgia, Wisconsin and Tennessee.

About Paragon Green, LLC

Garden City Mich.-based Paragon Green LLC, formed in March 2009, is a joint venture between Classic Computer Recovery, Inc. and 5R Processors Ltd., and serves as one of the leading IT asset recovery and e-waste recycling businesses in the country. Paragon Green's full-circle, zero e-waste initiatives enable its customers to take advantage of environmental, economic and socially responsible services. Through these services, Paragon Green demonstrates its commitment to providing responsible solutions for addressing the global e-waste crisis, and is dedication to decreasing the environmental impact of all the e-waste it collects by embracing the five "Rs"- Reuse, Recover, Reclaim, Refurbish and Recycle. For more information, visit www.paragongreen.net.

SOURCE Paragon Green

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