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Encompass Parts Distribution Teams with Hyper Microsystems

Wed. July 29, 2009; Posted: 12:10 AM
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Jul 28, 2009 (Close-Up Media via COMTEX) -- ECGA | Quote | Chart | News | PowerRating -- Encompass Group Affiliates, Inc. announced that its subsidiary, Encompass Parts Distribution, Inc., has entered into an agreement with Hyper Microsystems, Inc., a privately held Chicago based liquidator and re-seller of consumer electronic parts, accessories and whole goods, to manage the distribution of all of Hyper Microsystems' inventory of replacement parts for consumer electronic products as well as to provide part reclamation services for various consumer electronic products, in particular, flat panel video display products.

"We believe our strategic partnership with Hyper Microsystems will expand our suite of services to not only offer hard to source consumer electronic and computer parts to our customer base, but also provide us with an independent channel to market repaired and refurbished products in the international markets," said Wayne I. Danson, President and CEO, Encompass Parts Distribution.

"We are delighted to develop a partnership with Encompass. The combination of Encompass' expertise on consumer electronic aftermarket service and supply chain and Hyper Microsystems' global vision for growth and a capacity to supply consumer electronics and IT parts opens tremendous opportunities for both companies to benefit from each other's services and products," noted Gregory Yurovsky, President and CEO of Hyper Microsystems

Hyper Microsystems is a privately held company that specializes in asset recovery, reverse logistics, remarketing, and distribution of consumer electronics and IT equipment.

((Comments on this story may be sent to newsdesk@closeupmedia.com))

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