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INTECHRA FINALIZES MULTI-COMPANY ACQUISITION

Unmatched in Size, Scale, Geographic Reach JACKSON, Miss., (February 1, 2007) — Intechra, the nation’s largest information technology asset disposition (ITAD) company, today announced the completion of its acquisition of three companies from Chasm Holding Corp. The acquisitions give Intechra unmatched size, scale and geographic reach among ITAD companies in the United States. The three companies now part of Intechra are:

  • EPC, Los Angeles, Calif.
  • Market2Market, Columbus, Ohio
  • SpaceFitters, Hartford, Conn.

These companies complement Intechra’s existing operations in Columbus, Ohio; Dallas, Texas; Casa Grande, Ariz.; and Phoenix, Ariz.

The processing centers in Hartford, Columbus, Dallas, and Phoenix handle remanufacturing and remarketing and can process about 335,000 assets each month, including computers, monitors, laptops, routers, servers, etc. The recycling centers in Casa Grande and Los Angeles and a recycling operation in the Dallas facility can together recycle about nine million pounds of electronic assets per month.

"Combining the capabilities and employees of these companies with Intechra creates a powerful vertically integrated company with a full complement of remarketing, recycling and refurbishment services. We are particularly excited about our added recycling capability because environmental compliance is becoming more important to our clients," said Chip Slack, Intechra CEO.

Intechra is the only ITAD provider to be vertically integrated and have locations from coast to coast. Geographic proximity reduces shipping costs for clients while increasing speed to market for remarketed assets. Intechra, which adheres to stringent quality standards, will ensure processes at its newly-acquired facilities uniformly adhere to Intechra’s standards and achieve ISO quality certification. Intechra’s facilities in Dallas, Phoenix and Columbus are already ISO certified.

Institutional investors in Intechra Holding Corp. include Chrysalis Ventures in Louisville, Ky.; Clayton Associates in Nashville, Tenn.; First Avenue Partners in Nashville, Tenn.; Oxford Bioscience Partners in Boston, Mass.; Richland Ventures in Nashville, Tenn.; and SJF Ventures in Durham, N.C. No investor owns a majority of the company.

INTECHRA COMBINED COMPANY FACT SHEET

Size

  • In excess of $80 million a year
  • Over 400 employees nationwide
  • Largest and fastest growing IT asset disposition company in the U.S.
  • Only completely integrated ITAD company, with full complement of remanufacturing, remarketing, recycling and redeployment capabilities
  • Coast-to-coast processing facilities resulting in an unmatched geographic distribution across the U.S.

Processing and recycling centers – size and capacity

Location Casa Grande,
Arizona		 Columbus,
Ohio		 Dallas Hartford,
Conn.		 Los Angeles Phoenix
Size 72,000 sq. ft. 157,00 sq. ft. 153,000 sq. ft. 85,000 sq. ft. 80,000 sq. ft. 100,000 sq. ft.
Processing
Capacity		   100,000 units/mo. 100,000 units/mo. 60,000 units/mo.   75,000 units/mo.
Recycling
Capacity		 5 million lbs./mo.   1 million lbs./mo.   3 million lbs./mo.  

Recycling Capacity Increase

  • Intechra pre-acquisition: 6 million lbs./month
  • Intechra with EPC Los Angeles: 9 million lbs./month

IT Asset Disposition Services

  • Data destruction
  • Remarketing
  • Environmental recycling
  • Redeployment

Client Base

  • Global 2000
  • Small and medium-sized businesses
  • Municipalities providing electronics recycling for environmental purposes
  • Electronics manufacturers

Corporate Websites