ROBESONIA, Pa., Jan. 4, 2011 (GLOBE NEWSWIRE) -- Endeavor Power Corp (OTCBB:EDVP), an emerging leader in electronic asset recovery and e-waste recycling, announced today it is offering a new industrial asset recovery service for large corporate and government clients. The service was developed in response to overwhelming demand from these large entities.
Effective immediately, Endeavor is offering full-scale liquidation services to assist its clients with the increasing need for industrial asset recovery due to downsizing, sales, bankruptcies, and plant closings. The company's expertise in electronics liquidation and recycling will now be applied to all industrial equipment and inventory, both working and non-working. Historically, the company has always applied a best use approach to acquired assets and has consistently adhered to only the highest standards which call for resale and reuse first.
"Our approach to recycling has created an in-house expertise in the liquidation and retail of working equipment," said Alfonso C. Knoll, CEO of Endeavor Power Corp. "As a result of high demand for corporate and government asset recovery, we are now meeting market need by offering large scale buyouts for all aspects of client inventory and equipment."
Endeavor is committed to reduction, reuse, and recycling services that consistently meet or exceed stringent EPA requirements.
In other company news, Knoll said that Endeavor has begun its initial phase of licensing by the Pennsylvania Department of Environmental Protection (DEP) for the responsible recycling of electronics. The PA DEP offers the highest standard of responsibility to the environment, making this license one of the most highly regarded in the industry. It will apply to Endeavor's Robesonia, PA plant operations and will allow the company to open its doors to larger and more long-term municipal and government contracts. This will make Endeavor one of approximately 9 currently licensed facilities in PA.
For more information, to obtain a quote or schedule an asset sale, contact Endeavor Metals toll free at 1(877) 285-5359 or on the web at .
About Endeavor Power Corp:
Endeavor Power Corp, headquartered in northeastern Pennsylvania, is a top-tier, end-to-end e-waste management solution in electronic asset recovery and e-waste recycling. Endeavor accepts end-of-life electronics from customers and recovers value from them through resale or through recycling, using environmentally friendly methods. Endeavor has established relationships with select computer and electronics recycling operations that are contracted with nationally-known retail chains. In a fragmented market crowded with small, unsophisticated operations, Endeavor remains a trusted and respected resource.
Endeavor asset recovery assists companies by turning surplus or outdated equipment into cash. In addition to directly purchasing, Endeavor also locates commercial buyers, helping clients by negotiating prices and disposing of the equipment as part of Endeavor's consignment services.
Forward-looking statements in this release are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including without limitation, continued acceptance of the Company's products, increased levels of competition for the Company, new products and technological changes, the Company's dependence on third-party suppliers, and other risks detailed from time to time in the Company's periodic reports filed with the Securities and Exchange Commission.
CONTACT: Endeavor Power Corporation John Peters 1-877-285-5359