SAN JOSE, Calif., March 16, 2004 (PRIMEZONE) -- Maxus Technology Inc., a Medinex Systems, Inc. (OTCBB:MNXS) subsidiary, is pleased to announce that it has won its bid to partner with the City of Calgary for another eCycle Day Roundup. The event will mark the second year in which Maxus Technology Inc., a leader in eWaste and Asset Recovery services, will play an instrumental role in the city's' eWaste collection. Calgary is home to over 1 million people.
"Calgary, Alberta Canada continues to lead the eWaste revolution in Canada and will continue its innovative ways to safely manage computers and other electronic devices at the end of their life,'' Maxus President Shelley Whatmore commented. "This is a low-cost, consumer-friendly solution to the expensive electronic product recycling options currently available to the city. Maxus, utilising its MeWa recycling technology, will process over 70 metric tonnes of eWaste during the day."
Last year's eCycle Roundup is considered to be one of the largest one-day electronic waste roundups held in North America with over 220 metric tonnes collected from the City of Calgary in 6 hours: As a result, 3,615 computer monitors; 4,277 CPUs; 1,753 TVs and 1,393 stereos were collected. Telephones, speakers, game systems and other miscellaneous electronic equipment were also collected and recycled.
About Maxus
Maxus Technology Inc. was founded in 1994 as an asset recovery expert for the telecom industry and was an early pioneer in the pre-owned technology marketplace. In the last 10 years of serving customers worldwide, we have developed in-depth asset recovery and eWaste expertise, extensive supply-and sell-side networks. Maxus has an international sourcing network enabling us to secure in-demand products. Maxus customers have come to rely on us for providing low-cost, high-quality alternatives to new products. In a fragmented market crowded with small, unsophisticated operations, Maxus continues to remain a trusted and respected resource.
Maxus has its executive offices at 18300 Sutter Boulevard, Morgan Hill, CA 95037 and its telephone number is 1.408.782.2005. The company website can be found at www.Maxustech.com. For additional information please contact: (416) 867-8276 Todd Heinzl, Investor Relations Officer or investors@Maxustech.com.
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