Liquid Technology Offers Relief Program to Customers Affected by the Arrow Electronics Shutdown Announcement

Liquid Technology’s Leading Array of ITAD Services Delivers Augmented Data Security, Increased Value and Minimized Business Risk to Enterprises

BROOKLYN, N.Y. – Liquid Technology, an industry-leading IT asset disposition (ITAD) service provider, announces that it is offering free pickups and a custom onboarding program to all customers whose operations have been affected by the unexpected closure of Arrow Electronics’ ITAD division. As a company focused solely on delivering a complete suite of end-of-life hardware management solutions, Liquid Technology is prepared to serve as a trusted partner to companies looking to garner greater security, maximize return on investment (ROI) and minimize business risk during the asset retirement process.

As businesses migrate to the cloud and leave behind older equipment in favor of innovative technologies, the importance of ethical and thorough ITAD practices is growing. The global IT asset disposition market, valued at over $11 billion, is expected to grow to be worth nearly $19 billion by 2022, exhibiting a CAGR of 8.33 percent throughout 2016-2022. With global concerns regarding e-waste and data security mounting, Arrow Electronics, previously one of the single largest entities in the ITAD market, leaves a critical gap in the industry as a result of its departure.

Liquid Technology’s end-to-end array of IT asset disposition services, including data erasure, e-waste recycling and strategic asset resale, ensure that all client requirements and local, state and federal regulations are met thoroughly, easily, and with the highest possible return. To help avoid business disruption, fill the service gap and provide critical decommissioning and recycling solutions, Liquid Technology is poised to begin immediate free pickups for former Arrow Electronics customers. Effective July 22, Liquid Technology will also be offering a custom onboarding program designed to provide any existing Arrow customer or transaction with a premium discount package to engage, guide and complete projects with defined timelines during this transition period.

Liquid Technology’s services are e-Stewards Certified, R2 Certified, and ISO 14001 Certified and backed by deep, specialized expertise in data center decommissioning, cloud migrations, project management and more. As a result, the company has seen an increasingly strong demand for its services, with revenues growing 60 percent in 2018.

The company has recently completed a Chicago expansion, which enables them to deliver augmented chain of custody safety and leverage bolstered capacity to facilitate faster processing times and deliver increased cost savings to customers. Liquid Technology serves as a partner to businesses across high-demand and security-focused markets such as banking, healthcare, insurance, legal, software and other emerging markets, meeting even the most demanding requirements involved with asset disposition.

“With Arrow Electronics’ departure, many of its former customers are being saddled with the responsibility of once again locating and allying with a trusted specialist that can guide them through the often complex process of ITAD,” comments Richard Greene, Managing Partner for Liquid Technology. “Liquid Technology is ready and eager to help businesses across all sectors. We prioritize the delivery of top-tier, properly-certified and compliant services, empowering our customers to return their focus to their own core business operations with the peace of mind that comes with knowing their equipment and data is in great hands.”

Liquid Technology is focused primarily on US-based firms that do business domestically and internationally. As a leading e-waste recycling service provider and ITAD specialist, Liquid Technology is dedicated to promoting safe and beneficial ITAD processes for businesses across a range of industry verticals. To help businesses learn more about achieving ITAD best practices, the company has also created several whitepapers outlining how to create a retirement plan, what to look for in an ITAD partner in terms of certifications and more.

To learn more about Liquid Technology and their program for Arrow customers, please email arrow@liquidtechnology.netor call 1-800-797-5478.