Infotrek Pioneers Virtual Markets for used Electronics

Infotrek Syscom Ltd has announced that the Company and Recycle Net Corporation of USA jointly promoted electronic exchange for dealing in the used or end of life electronic equipments. E-exchangeindia.com was launched on July 07, 2006 and since then its popularity is growing substantially, visitors are increasing and the volumes are surging ahead. E-exchange facilitates trading in the used electronic equipments, which are either out dated or due to wear & tear have lost their usable values or have been discarded due to any other reason.

"RecycleNet Corporation operates a Secondary Commodities Exchange; its buy/sell/trade listing service went online in 1995. RecycleNet has consistently grown its core user base and serves over 3.8 million unique users each month from 150 countries worldwide. On an average business day there are in excess of $200 million USD in new listings submitted to the exchanges. Current total listings on the exchange exceeds $ 5 Billion USD. In addition to organic growth, RecycleNet Corporation continues to pursue its aggressive plans of merger, acquisition, joint ventures, and strategic alliance."

"It is privilege to be a joint venture partner with the one of the largest on line market chain owners in the World." Mr. B K Soni, Managing Director of the Company further states that "this market place can bring in a revolutionary change in the trading style of the used or end of life electronic equipments, presently this market is dominated by the unorganized segment, now the organized entities can comfortably have a better position."

The Company is committed to play a vital role in dealing with the discarded electronic equipments.

Source : Equity Bulls

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