New Cell Phone Recycling Business Launches

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ExchangeMyPhone.com Pays Customers for Recycling Old and Broken Cell Phones

“Most people have a drawer that looks like a cell phone graveyard,” said Jeremy Cohen, founder of ExchangeMyPhone.

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ExchangeMyPhone.com, an online e-commerce site dedicated to cell phone recycling, is now open for business and offering customers a quick and easy way to earn money and safely recycle old and broken cell phones. ExchangeMyPhone.com offers instant online price quotes, free shipping on all phones and the opportunity for customers to be green and give back to their communities.

“Most people have a drawer that looks like a cell phone graveyard,” said Jeremy Cohen, founder of ExchangeMyPhone. “We all want to upgrade to the newest technology but we are left with old phones that we no longer want. Rather than throwing old phones in the trash as harmful e-waste or leaving them as more clutter, ExchangeMyPhone offers customers an easy way to recycle, often with a cash bonus.”

ExchangeMyPhone may offer $50 for a 2-year-old smartphone and upwards of $200 for the most recently released cell phones. If phones are very old or very broken ExchangeMyPhone sends them to be responsibly recycled for their component parts but aims to recirculate most phones and give them an extended life. ExchangeMyPhone swipes all phones clean to ensure that all old data is never passed along to new owners.

†The Problem of E-waste:

  •     In 2009, the U.S. generated 3.19 million tons of e‐waste and only 17.7 percent was recycled. The rest was trashed in landfills or incinerators, where hazardous chemicals may leach into groundwater or burning plastics can emit dioxins.
  •     For every million cell phones we recycle, 35,274 pounds of copper, 772 pounds of silver, 75 pounds of gold, and 33 pounds of palladium can be recovered. Recovering metals from used cell phones can reduce extraction of raw metals from the earth.
  •     E-waste is one of the fastest growing types of garbage, contributing to 2-5 percent of total trash due to increasing sales and rapid obsolescence of electronic technology.

Giving Back to the Earth and our Communities:
ExchangeMyPhone enables customers to decrease toxic e-waste and do something good for local communities. Unlike any other company in the marketplace, ExchangeMyPhone offers a “OneforOne” book program – for every phone the company purchases from a customer, they donate one book to local literacy organizations. They believe that phones, lifelong learning and literacy are all part of what connects us to the world and expands our shared experience.

In June, ExchangeMyPhone ran a successful fundraiser phone drive at the Brooklyn New School and to help raise money to support school programs. If you are interested in hosting an ExchangeMyPhone phone drive fundraiser at your church, school or organization, you can visit ExchangeMyPhone.com for more information.

About ExchangeMyPhone.com
ExchangeMyPhone.com is a Brooklyn based start-up that partners with the community to responsibly recycle used and broken cell phones and keep toxic e-waste out of our landfills. Jeremy Cohen and Katherine Preston launched ExchangeMyPhone.com in June 2011. Having grown up in his family’s used book business, Cohen wanted to bring the same values of re-use to the technology sector. Follow us on Twitter @ExchangeMyPhone and Like us on Facebook at http://www.facebook.com/pages/ExchangeMyPhone/115662831844611

Media Contacts:    
Jeremy Cohen
Founder
Jeremy(at)ExchangeMyPhone(dot)com

Katherine Preston
Creative Director
Katherine(at)ExchangeMyPhone(dot)com

Tel: 212 804 7270
Twitter: @ExchangeMyPhone
http://www.ExchangeMyPhone.com

†Sources:
http://www.epa.gov/wastes/nonhaz/municipal/pubs/msw2009rpt.pdf
http://www.epa.gov/osw/conserve/materials/ecycling/faq.htm
http://www.werecycle.com/resources_fastfacts.asp

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