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News Stories Tuesday, September 18, 2001   
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Amazon picks up another computer retailer

Edgewood, NY-based TechSmart, a provider of asset-recovery solutions for office technology equipment, has signed a deal to sell reconditioned and surplus computers on Amazon.com. The equipment will be sold on Amazon’s new Computer Store which launched at the end of August. The Computer Store will sell new and used computers and accessories from such manufacturers as Dell, IBM, Apple and others.

Amazon says the business deal with TechSmart complements its merchandise, as more consumers are buying PCs online. The online share of total consumer PC sales is projected to nearly triple within three to five years, rising from about 10%-15% this year to 30%-40%, says Richard Chin, general manager of Amazon’s Computer Store. Amazon says it’s among the first retailers to offer refurbished computers, which sell for hundreds of dollars less than new models.

TechSmart provides a single-source, complete asset recovery solution for used and surplus computers from leasing companies, corporations, retailers and OEMs, including desktop and laptop computers, servers, printers, copiers, datacomm and networking products. TechSmart audits, tests, cleans, reconditions and repackages the equipment, which it then remarkets.

TechSmart markets its products and services through a network of distribution channels, including eight national sales offices and a proprietary web site, SmartMart. The company also has deals with uBid and eBay in addition to the Amazon.com deal.

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