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Market Velocity® Appoints New Vice President of Technology

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Market Velocity, the only provider of a full-service outsourced solution to help companies trade-in, donate or recycle used IT equipment announced today that Don Otto has joined the company as vice president of technology.

Atlanta, GA (PRWEB) February 16, 2005 -- Market Velocity, the only provider of a full-service outsourced solution to help companies trade-in, donate or recycle used IT equipment announced today that Don Otto has joined the company as vice president of technology. Otto will assume responsibility for all IT related matters including strategic direction, development and infrastructure management.

Otto brings more than 20 years experience in technology management to the company. His career spans a variety of organizations where he has led operations and delivered enterprise-class software solutions. We believe Dons broad knowledge of business process outsourcing, along with his ability for aligning technology and tools with customer needs, will be of great value to Market Velocity and our customers,” says Frank X. Dalton, Market Velocity CEO.

Otto most recently served as vice president, technology and operations for Smartmouth Technologies, a Boston-based application service provider for grocers. Prior to that, he was the director of technology for 1-800 Database and chief information officer for U.S. Communications. Companies have billions of dollars tied up in used IT equipment and Market Velocity is the only company offering a simple and cost-effective solution that allows them to easily trade-in, donate or recycle,” says Otto. As the economy rebounds and more companies look to purchase new IT solutions, Market Velocity provides a means for them to maximize their investments.”

About Market Velocity
Market Velocity, the industrys trade-in expert, helps computer manufacturers, end-users, distributors and value-added resellers get maximum value from used computer equipment by offering the only full service, outsourced solution for trade-in, donation and EPA-approved recycling programs with the industrys highest standards for privacy and data erasure. Market Velocity develops and maintains trade-in web sites, processes returns and payments, provides comprehensive business intelligence reporting and has a vast network of remarketing partners that ensures competitive prices for used assets. Major equipment manufacturers and thousands of their customers rely on Market Velocity to help accelerate the purchase of new technology by maximizing returns on previous investments. For more information, visit www.marketvelocity.com.

Public Relations Contact:            
Therese Aleman                   
Market Velocity, Inc.               
3885 Crestwood Pkwy, Suite 500
Duluth, GA 30096
770-325-6300

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Therese Aleman
Market Velocity, Inc.
770-325-6300
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