Converge Launches Online Marketplace for Computer Systems, Peripherals and Components

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Using a real-time bidding and alert system, the Converge Online Marketplace will offer a wide range of in-demand components and user-ready systems from the company's thriving reverse logistics and IT asset disposition networks.

There is tremendous upside to the budget pressures of the global technology market

Converge today launches a new online computer marketplace where qualifying resellers can buy large quantities of discounted PCs, laptops, storage devices and other computer hardware.

Using a real-time bidding and alert system, the Converge Online Marketplace will offer a wide range of in-demand components and user-ready systems from the company's thriving reverse logistics and IT asset disposition networks. Converge will pre-qualify participants before they can join the marketplace to ensure the integrity of transactions and match products being offered to the immediate needs of resellers and their customers.

"There is tremendous upside to the budget pressures of the global technology market," says John Borrelli, director of Reverse Supply Chain Solutions at Converge. "We are creating what we believe is the largest targeted-approach tertiary exchange where IT resellers from different sectors can acquire significant volumes of refurbished and overstock equipment at significant cost reductions. It is a natural extension of our global supply chain infrastructure and unmatched product recovery expertise."

Resellers interested in qualifying for the Converge Online Marketplace should contact Mr. Borrelli by phone at 987-538-8000 or by e-mail at john.borrelli (at) converge.com.

The products available on the Converge Online Marketplace range from desktop and laptop PCs to smart-phone handsets to LCD displays, networking equipment, hard drives and other peripherals for which there is ongoing demand. All materials will have passed the rigorous Converge multistep inspection and receiving process and will be ready for use. Converge, the largest independent distributor of electronic components, is well-known for its industry-leading quality programs.

"Over time, we also will invite resellers and large end-user enterprises to not only buy but also sell large lots of computer hardware on the Converge Online Marketplace," adds Borrelli. "The technology is already in place to handle that."

Participants in the Converge Online Marketplace will submit offers on posted inventories and be notified within a defined period of time if they have been awarded the sale. Because users have been prescreened and qualified as members of the marketplace, they can be assured of regular and equitable access to the kinds of products they need. "Our supply will meet their prescreened demands," says Borrelli.

"This is not just about commerce; it's also about community," says Borrelli. "The success of our business depends on knowing the needs of our customers and responding to them efficiently. The same will be true of the Converge Online Marketplace."

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.

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PETER GREER
Converge
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