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Verari Announces Trade-in Program for Aging IT Assets

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Verari Systems, a developer of energy efficient data center consolidation platforms utilizing independent blade-based computing and storage solutions, has announced a trade-in program offered by its Verari Financial Services (VFS) Group. The program offers customers competitive values for older IT assets and applies to Verari and most IT vendors' equipment.

The VFS Trade-In Program not only reduces stranded or unutilized IT assets, it resolves any potential book value write-off issues and helps eliminate the tediousness and logistical headaches of equipment disposition, the company says. The program also can substantially reduce the purchase price or monthly lease payment for new equipment, providing a cash infusion that helps justify new projects. By installing new equipment, customers can lower the costs of data center real estate, power, and cooling, and ensure a smooth migration path to new IT environments, such as the Connexxus desktop consolidation solution. The trade-in program applies to IT assets including PCs, servers, networking, and even telecommunication equipment.

"As the former CIO for T. Rowe Price Group, I know how valuable the trade-in program offered by VFS will be for customers as they initiate energy efficiency projects globally and face the enormous challenge of safe and secure asset disposition," said Michael A. Goff, managing partner, Peachwood Partners. "The program not only reduces risks and costs associated with removing older IT assets, it provides a partner who really understands both IT life-cycle and lease financing services. The customer is the clear winner here."

VFS has developed a program around the Connexxus desktop consolidation solution, making it easier for customers to migrate smoothly and quickly to Connexxus' energy-saving and 100 percent secure technology, the company reports. Since Connexxus centralizes compute/storage capacity in the data center, many existing workstations, servers and desktops can be eliminated. Recognizing that the disposition of hundreds, or even thousands, of workstations, servers and desktops can present a challenge to customers, VFS has developed an integrated trade-in credit and IT asset disposition program for Connexxus purchases or leases. Logistics and costs related to responsible equipment disposition are included in the lease with one easy monthly payment.

VFS manages the pick-up, transportation, and green disposition of older IT assets, providing a tremendous convenience for customers. Logistics are tailored to meet the customer's schedule and, if applicable, to comply with local labor union provisions to help ensure minimal business disruption and rapid cutover.

Data wiping services for hard drives can be provided in compliance with current regulatory standards. This saves customers time and money. The Robert Francis Group (RFG) believes, for example, that it costs 20 percent more for companies to perform data wiping responsibilities on their own versus outsourcing the project. VFS' equipment disposition and recycling services not only provide customers with the best trade-in values for old equipment, but allow customers to mitigate risks associated with asset retirement.

About Verari

Verari Financial Services provides flexible, one-stop lease financing solutions for all asset classes. VFS provides trade-in, technology refresh and asset recovery services designed to help customers manage shortening technology life-cycles. To learn more visit http://www.verarifinancial.com/.

Verari Systems, Inc. is a developer of energy efficient data center and desktop consolidation platforms utilizing independent blade-based compute and storage solutions. To learn more, visit http://www.verari.com/ or call (888) 942-3800.



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