About WeedHire International

WeedHire International, Inc. provides green technology solutions. The company manages the equipment disposition needs of its government and commercial clients by buying, reselling, or recycling, in an environmentally and regulatory compliant manner, computers, and other technology hardware. The company’s focus is on executing and managing secure, compliant end-of-life information technology (IT) asset management and disposition services. As part of its services, the company provides an asset management system or integrates with its clients existing asset management systems with the target of providing clear audit trial of the asset and enabling its clients the ability to assess shipping or disposal status, take inventory and generate settlement reports for every returned asset. Additionally, the company is focused on partnering with veterans, either through providing employment opportunities directly or through continuing support of Work Vessels for Veterans, a 501(c)(3) non-profit organization. Products and Services The company offers a suite of information technology asset disposition (ITAD) services. Its products and services revolve around government mandated IT redeployment Producer Takeback Trade-In and Asset Recovery and Remarketing Programs; regulatory compliant E-waste processing; global logistics management and secure disposal transportation; and secure data erasure and destruction. The company’s RecycleTomorrow program was created as a means to facilitate the bundling of ITAD services on new devices. This is a stock-keeping unit based service that its clients can resell alongside any new equipment sales to their clients. The company also provides a range of services that support its customer’s redeployment/remarketing programs, offering a second life to IT equipment that may otherwise be discarded. It offers clients remarketing options both domestically and internationally. The company’s services include conducting an analysis of retired equipment, customized business intelligence-based reporting, and recommending a course of action. The company’s customized solutions include secure Web-based E-waste pickup request tool; onsite packaging and removal; data erasure or destruction; onsite per system software ‘padlock’ to ensure safe transport of customer data; IT asset serial number scanning; dedicated transport with optional global positioning satellite tracking; and armored truck transport. The company offers data security services focused on proper data erasure and destruction techniques, including the following: Data Erasure: Data erasure is done in accordance with U.S. Department of Defense 5220.22M standards at its certified facilities. The company’s hard drive erasure process is designed to ensure safety through 100% data eradication. The company erases hard drives while they are either still in the system or out of the system, on its commercial erasure stations. Its capabilities range from single to bulk erasure schemes utilizing its multiport test systems. All hard drives are system audited by the company for erasure, with random samples removed for stand-alone audits. Additionally, the company conducts periodic random sampling to ensure proper hard drive erasure. Destruction: When erasure of hard drives and data devices is not secure enough or hard drive has an error making data erasure incomplete, the company offers data protection by destroying and shredding disk drives in accordance with National Security Agency (NSA) standards. On-Site Destruction: On-site media destruction is an option which provides the ultimate data security. With the company’s on-site media destruction services, a truck-mounted mobile shredder is dispatched directly to a facility so that data storage devices never leave a property, ensuring complete control and protection. The company follows the same procedures used with off-site hard drive destruction, including shredding the devices into small particles meeting NSA standards and recycling of the processed particles. Strategy The company’s business strategy is based upon utilizing its experience and expanding relationships and resources and includes expanding sources of public and private technology equipment; expanding resources for environmentally compliant recycling, reuse and data storage and destruction; expanding geographical footprint; expanding the demanufacturing and recycling services; and penetrating the large global market for the resale of useful equipment. Customers The company’s customers include the public sector, including federal, state and local government agencies and healthcare providers; original equipment manufacturers; value added resellers and system integrators; and commercial enterprises and end users. Competition The company’s primary competitors include WastetoGreen; Arrow Electronics, Inc.; Flextronics International, Ltd.; Dell Computer Corporation; Hewlett Packard; and IBM. History The company was founded in 1992. It was formerly known as AnythingIT, Inc. and changed its name to WeedHire International, Inc. in November 2014.

Country
Industry:
Computers and Computer Peripheral Equipment and Software
Founded:
1992
IPO Date:
12/21/2011
ISIN Number:
I_US9485201019
Address:
17-09 Zink Place, Unit 1, Fair Lawn, New Jersey, 07410, United States
Phone Number
877-766-3050

Key Executives

CEO:
Bernstein, David
CFO
Bernstein, David
COO:
Stelmak, Vlad