SCOTTSDALE, Ariz., Nov. 15, 2011 /PRNewswire/ -- YouChange Holdings Corp ("youchange") (OTCBB:YCNG), a leading collection program for electronic waste and re-Commerce, today announced the successful completion of its beta testing of the youchange fund raising program for schools in Arizona.
"With 100's of millions of electronic items being discarded each year youchange is committed to recovering those resources and hopes to engage thousands of schools across the U.S. and Canada to help. Educating students and then empowering them to be the agents of change is a great way to teach stewardship to the next generation; kids learn about the dangers of electronic waste (e-waste) and then are asked to go home and collect unwanted devices from their family, neighbors and friends. The items are collected by the schools and youchange converts them into cash giving back to the school to help support important programs being cut by budget deficiencies," said Jeffrey Rassas, CEO and Founder of youchange.
"The thought of so much recyclable garbage going into landfills breaks my heart. I have two young children and often think what the world will be like for them in 20 years from now with the population increasing and our resources decreasing. We need to act now with our kids in mind - selfishness and the "convenience" of just throwing something out has no room in our thought process anymore," said Colleen Miller from Mountain Pointe High School.
With many unwanted items having a secondary market value recycling these items is more than just environmentally friendly; it's about economics and the recovery of valuable commodities like gold, copper and aluminum. It's estimated that 37 million cell phones a year are being stockpiled by consumers because they are unsure of what to do with them. Youchange solves this problem by creating a way for schools to collect cell phones and other electronic items and turn them into much needed cash.
"Youchange provided an educational lesson on the importance of recycling your electronic waste correctly," said Claudia Becho from Gililland Middle School.
Derrick Mains, EVP of youchange said, "We've collected more than 10,000 pounds of electronics from the schools in our beta test and are now opening up the program to the more than 2,300 public and private schools in Arizona with hopes of expanding the program to the more than 125,000 schools nationwide in 2012; educate our kids about electronic waste, help mom and dad clean out their closest and put money back into the coffers of cash starved schools, it's a win for everyone!"
"It starts with you…and ends in change."
About YouChange Holdings Corp
YouChange Holdings Corp is an early stage development and acquisition company focused on the collection, purchase, refurbishment, and resale of used consumer electronics to both consumers and business markets. The youchange platform includes paying cash and rewards for used electronics; refurbishing and recycling those products; and the sale and re-Commerce of these products, as well as licensing of proprietary data through its back-end enterprise management software as a service platform. Some of these products include laptops, computers, cell phones, smart phones, PDAs, mp3 players, calculators, external drives, game consoles, digital cameras, streaming media devices, tablet e-readers, batteries and camera lenses.
This document contains forward-looking statements that are subject to a number of risks, assumptions and uncertainties that could cause the Company's actual results to differ materially from those projected. These risks, assumptions and uncertainties include: the ability of the Company to raise capital, the ability to complete systems within currently estimated time frames and budgets; the ability to compete effectively in a rapidly evolving and price-competitive marketplace; changes in the nature of telecommunications regulation in the United States and other countries; changes in business strategy; the successful integration of newly acquired businesses; the impact of technological change; and other risks referenced from time to time in the Company's filings with the Securities and Exchange Commission.
YouChange Holdings Corp
Jeffrey Rassas, CEO
SOURCE YouChange Holdings Corp