Looking to Avoid Your Early Termination Fee? Just Trade in With Gazelle In lead up to Verizon iPhone launch, Gazelle to giveaway $300 to fund ETF payment for 10 lucky winners

BOSTON, Feb. 4, 2011 /PRNewswire/ -- The long-awaited Verizon iPhone will be hitting stores in a few short days, but for customers who want to switch carriers, this means coughing up an Early Termination Fee as high as $325 to break their contracts.  To help alleviate this financial burden and promote the trade-in of used electronics, Gazelle (www.gazelle.com), the nation's largest RECOMMERCE™ service, announced today that it will give away $300, that customers can use to pay their early termination fee, to 10 people leading up to the launch of Verizon's iPhone on February 10th.

The promotion starts today and runs until February 14th. Each day during the promotion, Gazelle will select one Customer who trades in their iPhone on gazelle.com to win $300 to pay off their ETF. All iPhone models qualify, including the original iPhone, 3G, 3GS, and 4. To enter, Customers just need to sell their iPhone at gazelle.com during the promotion period and then ship it to Gazelle to complete their transaction.

"Early termination fees are a big financial barrier to switching carriers," said Israel Ganot, CEO and co-founder of Gazelle. "With Gazelle, customers can already earn up to $425 for trading in an iPhone and now 10 lucky winners will get an additional $300 to pay off their ETF and make the switch to Verizon."

Gazelle has helped thousands of Customers upgrade smartly to the latest and greatest technology by enabling them to trade in used devices for cash they can use to fund their purchase of new devices. Since Verizon announced the launch date of the iPhone, Gazelle has seen a strong increase in iPhone, Blackberry and Droid trades as many take advantage of Gazelle Values averaging well over $100 for these used phones. Check out Gazelle's special website www.gazelle.com/iphone for the latest iPhone Values and for tips and tricks on how to sell your iPhone.

ABOUT GAZELLE

Gazelle (www.gazelle.com), a service of Second Rotation, Inc., provides the easiest, fastest and safest way for consumers to get cash for their unwanted electronic devices. Gazelle takes the risk and effort out of selling electronic gadgets online and provides its users with benefits such as free shipping and packaging and comprehensive identity/data removal. To date, Gazelle has helped more than 150,000 consumers reCommerce their old gadgets to de-clutter their lives, earn quick cash and generally lead a greener lifestyle. Based in Boston, Gazelle is backed by premier venture capital firms Physic Ventures, Venrock Associates and RockPort Capital Partners.

PRESS CONTACT:

Michael Schneider

RF|Binder Partners

(212) 994-7546

gazelle@rfbinder.com



SOURCE Gazelle



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