Seagate Forms Strategic partnership With EDX Electronics

Winter Springs, FL, June 8, 2015 (Newswire.com) - Seagate, a leader in hard drive and data storage solutions, has selected EDX Electronics, Inc. as its newest distribution partner. This is the next step in an established relationship between the two companies. EDX Electronics already provides Seagate products to Original Equipment Manufacturers through its Last Time Buy (LTB) program. With its LTB program EDX purchases End of Life (EOL) Seagate products, holds them up to 10 years, and ships as needed to the customer. This partnership will give EDX access to EOL notifications from Seagate and allow them to make purchases directly rather than through an intermediary. Purchased products will have a direct transfer of warranty from Seagate to EDX to the end customer of the Last Time Buy. Provided as well is a suite of Seagate’s own testing tools to ensure quality products throughout the entire supply chain. According to EDX Electronics CEO Dennis Menefee “With this partnership, we can continue to provide customer support for Seagate products transitioning to End of Life and have access to many opportunities that will expand the value of our Last Time Buy program.”

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"With this partnership, we can continue to provide customer support for Seagate products transitioning to End of Life and have access to many opportunities that will expand the value of our Last Time Buy program."

Dennis Menefee, CEO of EDX Electronics

About Seagate Technology LLC

Seagate is the global leader in data storage solutions since 1978.

About EDX Electronics, Inc.

EDX has been solving inventory issues for some of the largest companies in the world since 1991. We offer fulfillment and financial solutions for electronic inventory including end-of-life (Last Time Buy) product management and inventory recapitalization.