Baker Hughes Selects Converge for Global ITAD Services

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Another major enterprise IT user chooses Converge for secure handling of phased-out computer devices. With 36,000 employees, Baker Hughes chose Converge because of its global network, advanced security procedures and transparent, real-time tracking of IT assets as they are being decommissioned.

Proper disposal of phased out computers is a growing priority for large companies.

Baker Hughes is driven by a strong commitment to ethical conduct and measurable results

Baker Hughes Incorporated, providers of advanced products and services to help drill, evaluate, complete and produce oil and gas wells, has selected Converge to provide global electronics management services, delivering secure and environmentally compliant handling of phased-out computers from its facilities around the world. These services focus on reuse and recycling of these electronics when feasible, supplemented by environmentally and socially responsible disposal methods.

"Baker Hughes is driven by a strong commitment to ethical conduct and measurable results," said Sandra Neely, Baker Hughes vice president of Infrastructure Operations and Services. "We recently undertook a global search for an Information Technology Asset Disposal (ITAD) vendor that not only has the resources to handle our disposition needs, but also has the resources to meet our high HS&E performance objectives."

With more than 36,000 employees operating in over 90 countries, Baker Hughes presents a significant challenge to its IT Services group, which is responsible for the security and environmental compliance of equipment being released from the company.

Frank Cavallaro, CEO of Converge, says a growing number of American corporations now recognize ITAD as a strategic business process and a differentiator for their brands.

"Larger enterprises, especially public companies, require total transparency, and trust, in the disposition process," said Mr. Cavallaro. "The risks of exposing sensitive data or creating an environmental incident are simply too great. We couldn't be more thrilled that Baker Hughes chose us to assist with this challenge. It is a company with extremely high standards, and we are proud to be working with Baker Hughes."

Under the global ITAD contract, Converge will be providing end-to-end disposition services for all of the company's desktop computers, laptops, cell phones and various electronic test equipment.

"We'll be using our own facilities as well as resources of our partners throughout Europe, Asia and South America to demanufacture, test and recycle assets from Baker Hughes worldwide offices," said Chris Adam, vice president of IT Asset Disposition, Converge. "We also have the ability to harvest key components and even whole systems that are still in working order. Remarketing of cleansed assets can create significant revenues and help offset the cost of the ITAD program."

About Converge

Converge is a global supply chain partner for technology-driven companies. The organization's three business divisions are dedicated to just-in-time distribution of electronic components, comprehensive reverse supply chain solutions and secure IT asset disposition. Founded in 1980, Converge is headquartered in Peabody, Mass., and has offices in Columbus, Ohio; Irvine, Calif.; Singapore; and Amsterdam, along with support centers throughout Europe, Asia and the Americas. For more information, visit http://www.converge.com.

About Baker Hughes
Baker Hughes Incorporated provides reservoir consulting, drilling, formation evaluation, completion and production products and services to advance reservoir performance for our oil and gas customers throughout the world. For more information, visit http://www.bakerhughes.com.

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PETER GREER
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