repost of Loyalty Equipment news from this month:
E-Waste Systems Inc. Partners with Top E-Waste Recycling and Engineering Firm, Loyalty Equipment Making Co. (Sichuan)
EWSI Proprietary Technologies Bolstered and Aggressive Global Expansion Continues
London, UK – March 11, 2014 -
E-Waste Systems, Inc. (OTCQB: EWSI) ('EWSI, “eWaste Systems,” or the "Company"), an electronic waste management, reverse logistics, environmentally focused services and technology company and the first pure play public e-waste operator, entered into a Strategic Engineering Agreement with Loyalty Equipment Making (LE), one of China’s largest electronics recyclers and technology leaders.
“This is a multi-faceted deal that enhances the eWaste Systems’ strategy in several key ways,” said Martin Nielson, Founder and CEO of E-Waste Systems, Inc. “The transactions includes access to all of Loyalty’s technologies and agreements for joint branding initiatives nationally and internationally raising our standing in the industry and establishing EWSI as the industry’s largest globally integrated e-waste recycling brand. It will propel our physical presence across the globe, starting in the world’s most valuable e-waste marketplace.”
Loyalty is both an electronics recycler and a high-end manufacturer of processing equipment. Under the agreement, international orders for Loyalty-manufactured equipment will be sold under the eWaste Systems brand and implementations will be overseen by the Loyalty team. All sales into China will be co-branded to develop the eWaste and Loyalty market positions. “When we first started touring Loyalty’s facilities last fall, we saw a level of sophistication that was perfect for our internal and external strategies,” commented Dan Feeney, Sr. Vice President and Director of the eManagement Division. “Through this partnership we have a clear path to further develop and implement our ePlant1000 technology around the world using only the most advanced processes and technologies. The ePlant1000 Series is creating a newer, higher standard for an industry that will witness tremendous advancements in the implementation of next generation automation”.
Loyalty specializes in producing ultramodern electronic recycling equipment, including a full line of CRT dissemblers and processors, a PCB recycling system, refrigerator recovery units, air conditioner and washer dissemblers, processing for other office equipment, and more[1]. To oversee the integration into the EWSI brand and to lead efforts in international expansion, Dan Feeney will take an operational post in the city of Shanghai. “Dan has been critical in the development of this agreement, and with his acute business acumen and vision, we are happy to have him lead the deployment of this incredible opportunity,” added Mr. Nielson.
“Loyalty has the largest market-share inside China, and they are one (1) of only sixty-six (66) e-waste recyclers licensed by the Chinese government,” added Mr. Feeney. Pengzhou City is a northern suburb of Chengdu Sichuan Province and currently houses Loyalty Equipment Making headquarters and the region is slated to include a state-of-the-art showcase recycling facility.
“Martin, Dan, and the eWaste Systems team are pioneers in global integration for ewaste recycling,” said Mr. Jason Hu, Executive President of Loyalty . “The industry as a whole is suffering from growing pains tied to severe fragmentation, and the timing is right for a leader with visions of a complete global integration to step in and join together a network of the best technologies and best practices. With what we have at our disposal, there is no reason why together, we cannot correct these challenges swiftly and effectively. This merging of our engineering expertise, technologies, and business portfolios creates a win-win-win situation, and we at Loyalty are excited to be part of the team that is on course to redefining the entire industry.”
