Media Release: Redeem partners with Intellibox to deliver innovative mobile recycling services in Latin America

Claes Svensson, CEO, Redeem Holdings Ltd

REDEEM Holdings Limited is proud to announce it will be working with Intellibox to deliver market-leading recycling for mobile operators across Latin America.

The partnership provides allows Redeem to use the innovative Intellibox system, an exciting patented technology that allows automatic access to a customer’s device to instantly determine a buy-back price and issue a voucher for customer payment.

This unique technology will help the partnership deliver a best- in-class buy-back program to mobile operators across the Latin America region, which is estimated to have seen a 77 per cent increase in sales of smartphones this year.

Development is at an advanced stage and together Redeem and Intellibox will be launching their first comprehensive buy-back programme in the region by the beginning of November 2013.

Claes Svensson, CEO of Redeem Holdings, commented: “As smartphone penetration continues to increase within Latin America, the awareness of buy-back and regeneration activity becomes more apparent. Redeem are excited to enter the market with a partner as innovative and creative as Intellibox.”

Som Sinha, CEO of Intellibox, added: “Latin America provides a substantial opportunity for Intellibox and we are very positive about the significant growth plans and the prospect of providing this market-leading service to our mobile operator partners.”

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About Redeem: www.redeem.co.uk

Redeem Holdings Ltd, founded in 1991, is an international environmental marketing services company.

With 150 employees in Scotland, England and Hong Kong, the group provides sustainable, data secure, recycling services to MNO (mobile network operators) and corporate clients throughout Europe, the Middle East and North America.

Redeem’s international clients includes mobile network operators, wholesalers, retailers, charities and direct consumers.

Redeem has won a number of local and national business awards, the most recent being named the UK’s fastest growing recycling company in the Chartered Institute of Waste Management’s Fast 30 list.

Redeem is also on the 2012 Sunday Times Fast Track 100 list which shows that it is the third fastest-growing private company in Scotland and 41st in the UK.

Redeem refurbishes and resells or recycles high volumes of a wide range of IT and electronic equipment including mobile phones, tablets, mp3 players, sat navs, digital cameras, consoles, laptop computers and games.

All devices are reused or disposed of in accordance with the WEEE directive. Re-used items are security and theft checked, data cleansed and sold in accordance with current legislation.

Redeem has certified ISO 9001 & 14001 compliance as a specialist waste carrier.

About Intellibox:

Intellibox is a company headquartered out of London, UK with a great technology which has proven itself as a strong commercial solution for problems mobile operators face today in their retail stores.

Intellibox helps increase retail sales for mobile operators by reducing walkouts and facilitating trade-in of used handsets in store for mobile operator customers.

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Contact: Richard Mavers, Redeem’s Head of Marketing
Phone: 07921500158
Email: richard.mavers@redeem.co.uk
Website: http://www.redeem.co.uk