Green Asset Disposal opens account with ONEPAK
Contact:
Bill Jasper, VP of Investor Relations
Tel: 888-625-6116, Fax: 508-247-9300
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FOR IMMEDIATE RELEASE |
Boston, MA
February 29, 2008
ONEPAK, Inc. (CNQ: ONPK)
announced today that it has opened an operating account for Green Asset Disposal, an asset disposition company. With 22 processing centers in the U.S. and Canada, Green Asset Disposal was formed by CARD Enterprises, Inc. to meet the emerging demand for safe, secure, and environmentally friendly disposal of used information technology (IT) assets.
ONEPAK's RePak Shipping Kits will provide Green Asset Disposal, based in Mesa, AZ, with the ability to provide its clients nationwide with a pack-it-yourself option when there less than a pallet full of IT assets onsite.
This "less-than-a-pallet" program is typical of ONEPAK's core business of shipping its RePak kits on-demand for its clients. Kits are sent with return waybills preaddressed to the nearest regional recycling facility, which reduces the reverse logistics costs for IT asset collection.
More information about ONEPAK asset return solutions can be obtained by contacting the ONEPAK sales team at 888.625.6116.
About ONEPAK
ONEPAK, Inc. ONEPAK, Inc. is a clean-tech shipping and logistics company, uniquely specializing in the new regulatory-driven niche of electronic waste collection. The Company provides packaging and transportation of used computers, TVs, cell phones, and other hazardous electronic waste for reuse and recycling.
ONEPAK’s primary clients are computer and electronics manufacturers, remarketers, and recyclers. The Company helps businesses and consumers comply with new "green" regulatory mandates affecting the safe handling and ecological disposal of obsolete electronics. ONEPAK is "doing well by doing good", as the Company’s core business of e-waste repacking and reshipping is also environmentally and socially responsible. Visit www.ONEPAK.com for more information.
CAUTIONARY STATEMENT
This release includes certain "forward-looking statements". All statements other than statements of historical fact included in this release are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results may differ materially from ONEPAK’s plans and expectations as detailed herein and from time to time in the filings made by ONEPAK with the CNQ and securities regulators. The CNQ does not accept responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.
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