The new owners will rename the company, Recycled Computers International, LLC (RCI), according to new board chairman Chip Slack, a principal of Votum Capital. Also participating in the purchase is a private investment fund of Clayton & Associates, of Franklin, TN.

Founded in 1987, Resource Concepts, Inc. was one of the pioneers of the electronic industry and led the industry in the development of methods for extracting usable materials from electronics trash. The company holds eight patents for its End-of-Life product recycling processes.

Housed in a state-of-the-art, 193,000 sq ft facility in Carrollton, TX, near Dallas, RCI provides one-stop recycling services for obsolete and used remarketable computer equipment. RCI’s services address the critical triangle of computer recycling and remarketing: Investment Recovery; Data Destruction and E-Waste Recycling with Environmental Liability Protection. It is one of the few companies in the industry that offers all three services at one site.

"RCI is well positioned to become an international leader in the technology recycling industry. We plan to recruit a world-class management team, upgrade internal systems and processes, expand services and grow through acquisitions and aggressive business development," said Mr. Slack.

RCI provides value recovery and recycling services for major computer manufacturers such as Dell, Hewlett Packard, and Gateway, and to businesses such as banks, professional service firms, hospitals and manufacturing companies.

It sells refurbished and almost-new computers, peripherals and spare parts through its retail division, Outlet Computer Store and www.outletcomputer.com, and through a widespread network of dealers and distributors in the USA and in foreign markets. In fact, 70 per cent of the products handled by RCI are remarketed. RCI itself runs on refurbished computer equipment.

No RCI products are shipped to foreign markets unless they are in good working condition, have resale value and the foreign brokers and dealers meet RCI’s tough standards for remarketing. Proceeds from the sale of refurbished equipment are shared with the original owners or manufacturers.

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