"This is a breakthrough in the industry. The cloud-based technology of eWasteCC with VGG's SmartWeb is unprecedented on a commercial scale," said Julie Peterson, President of E-Waste Systems (CA).
eWasteCC will be available only to EWSI's network, and with this introduction, the Company now launches a recruitment program to enlarge the distribution network. Those individuals and organizations that choose to join EWSI in this program stand to deliver to customers the following:
•Reduced operating expenses associated with inefficient and improperly utilized electronics •Recovery of maximum value from electronics at end-of-life •Quantification of the environmental benefits derived from the proper recycling of electronics, which can further support Social Responsibility and Sustainability objectives •Monetization of these environmental benefits in the form of Carbon Credits
eWasteCC is integrated with VGG's SMARTweb, a SaaS platform (eWasteCC), to suitably combine carbon credits while reducing eWaste environmental pressures. The product provides organizations with auditable reports of resources consumed and expended -- including energy, water, waste, transport, carbon, and natural gas -- alongside specific recommendations for improving performance. Thus, eWasteCC and SMARTweb provide a verifiable way for an organization to:
•Evaluate and demonstrate resource reduction initiatives and ROI in energy efficiency, •Gain insight and transparency into carbon and resource liabilities and potential assets, •Manage, track, and report environmental impact to a variety of agencies and protocols •Create new revenue streams (e.g., by documenting emission reductions for carbon trading)
When the result involves replacing wasteful and/or end-of-life assets, then the responsible recycling of electronics through EWSI recovers constituent materials that would otherwise be wasted and cause environmental contamination in a landfill. Recycling these materials requires less energy than and lowers the need for mining virgin natural resources, reducing the carbon footprint of electronics throughout their lifecycle.
Also collaborating with EWSI and VGG on eWasteCC is Semper Pacific Wealth Strategies (SPWS), an investment advisory and business development firm, and its CEO Michael W. Malott, who is also a material investor in the module. "The goal is to empower end users with the tools necessary to better identify, quantify then monetize their eWaste assets or reduce their potential liabilities. After many months of focus and planning we are pleased to announce a tested and robust solution to the commercial marketplace," said Mr. Malott.
The Master License Agreement includes the rights to distribute and sell VGG's suite of software as a service (SaaS) solutions under the SMARTweb name. The partnership between VGG and EWSI as a result of this agreement allows each company to market the services and software of the other to their respective markets and to 3rd parties.
EWSI presently is able to arrange collections in the USA from any zip code, has entered the UK market, opened a key office in China, launched a partnership in Australia and recently announced deals in Mexico, India and South America. EWSI brings technology -- including its recently announced proprietary ePlant1000 , eWasteCC carbon credit and eWasteTRACK solutions -- regulatory knowledge, industry experience and management services to its subsidiaries, affiliates, brand licensees, and teaming partners around the world as part of its strategy to extend the global influence of the Company's branded services and technologies.
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