CloudBlue Expands Global Reach to Meet Electronics Disposition Demand

NORCROSS, Ga., May 3, 2011 /PRNewswire/ -- CloudBlue Technologies, Inc., a worldwide provider of electronics disposition services, today announced significant company expansion with the addition of three processing facilities in Texas, California and Puerto Rico; an expansion of the Chicago-area facility and a relocation to larger corporate headquarters within metropolitan Atlanta. The company has experienced strong growth over the last twelve months, adding customers in a variety of industries including financial services, healthcare, insurance, retail, media and manufacturing.

With a total of 41 company and partner facilities worldwide, CloudBlue manages all aspects of electronics disposition including: IT asset management, consumer electronics returns, onsite professional services, data destruction, depot repair, remarketing, redeployment and recycling. In addition, as one of seven e-Stewards® Certified recyclers, CloudBlue ensures independently audited, environmental compliance for all of its customers.

"Elevated corporate awareness of environmental regulations, increased concern around data security issues and rapidly growing volumes of new IT equipment and consumer electronics are all contributors to our growth," said Mark Vander Kooy, Executive Vice President of Business Development for CloudBlue. "Our facilities and headquarters expansion enables us to serve a greater volume and range of customers, and makes it easier for companies to utilize all of our services across all branches."

Expansion Details:

• Dallas, TX, and San Francisco, CA – Former logistics centers expanded to full processing facilities
• Carolina, Puerto Rico – New facility in Puerto Rico opened to meet customer demand
• Joliet, IL – Existing processing facility expanded, increasing capacity by 200%
• Norcross, GA – New company headquarters facility opened, increasing capacity by 125%

In order to support the expansion, CloudBlue has increased staff by over 25 percent across multiple levels across the organization. The Joliet, IL facility specifically, based in a region currently citing a 9.2 percent unemployment rate, has added over 60 employees in the last six months.

"In times of economic turmoil for so many, we are excited to provide meaningful employment to talented professionals who are making significant contributions to our company and providing exceptional service to our customers," said Randy Altschuler, Chairman of CloudBlue.  "Their hard work and commitment to exceeding customer expectations is what makes our company great."

About CloudBlue

CloudBlue Technologies, Inc., based in Norcross, Georgia, is a leading provider of electronics disposition and asset recovery services for corporate IT equipment and consumer electronics returns.  These services reduce the risk, cost and complexity associated with securely disposing electronics across multiple global locations in an environmentally compliant manner. With 41 company and partner locations worldwide, a full chain-of-custody security framework, online asset tracking portal and certified environmental compliance, CloudBlue provides over 1,000 corporate and institutional customers seamless, cost-effective, secure and sustainable electronics disposition management solutions.

SOURCE CloudBlue Technologies, Inc.

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