| Jackson, MS, Jan. 5, 2006
-- Information technology asset disposition companies
Intechra Holding Corp. and RetroBox LLC today announced
the closing of their merger.
The company is now the largest full-service information
technology (IT) asset disposition company in the
country.
"Size, scale and financial stability are
key in selecting a partner in the IT asset disposition
industry," said Intechra CEO Lynn C. (Chip)
Slack. "We are glad to complete the merger
and move forward as one team under the Intechra
name."
Intechra helps large businesses retire IT assets
in compliance with federal privacy regulations,
state and local environmental laws and in-house
policies. The company provides disposition for
personal computers, servers, networking equipment,
UNIX systems, monitors and printers.
Intechra has approximately 210 employees in three
processing facilities and 10 sales offices across
the country. The company is the only IT asset
disposition company with processing facilities
in the eastern, western and central regions of
the United States.
With annual revenues of $40 million, management
expects organic growth of 18 percent to 20 percent
annually.
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