Gazelle Extends Price Lock Guarantee

With Prices Expected to Drop, Consumers Can Lock In Today's Offer Price, Then Send In After They Have the New iPhone in Hand


BOSTON, MA--(Marketwire - Aug 20, 2012) - Gazelle, the nation's leading high-end consumer electronics trade-in site, today announced the extension of its industry leading 30-day price lock program to help consumers take full advantage of the anticipated new iPhone launch. Customers who elect to trade-in their iPhone to Gazelle between today and August 31 will now have until October 1 to send in their phone. This allows them to get pre-launch values for their used iPhone while continuing to use their phone until the new one is available, widely rumored to happen on September 21.

"The majority of consumers aren't comfortable being without a phone for any amount of time," said Sarah Welch, chief marketing officer for Gazelle. "But the value of used devices tends to be significantly higher before a new iPhone launches. This promotion allows consumers to lock in today's value and keep their current phone until they have the new one in hand."

To take advantage of the extended price lock, simply go to Gazelle.com, select "iPhone," tell us what model and carrier you have, and the condition of your phone. We'll quote you a price and send you shipping materials for free. If we get your old iPhone by October 1, we'll send you cash. Consumers are also encouraged to pre-order their new iPhone to be sure they can take advantage of this offer, since it can be hard to get your hands on the new iPhone in the early days of a launch. Consumers are under no obligation to send in their phone, so if predictions of the new iPhone launch date turn out to be wrong, there's no risk to the consumer.

For more information on Gazelle's October 1 price lock guarantee, visit www.gazelle.com.

About Gazelle
Gazelle (www.gazelle.com) is the nation's leading high-end consumer electronics trade-in site, providing an easy, fast and safe way for consumers to get cash for their unwanted devices. Gazelle takes the risk and effort out of selling electronic gadgets online with benefits such as free shipping and packaging and comprehensive identity and data removal. To date, Gazelle has helped hundreds of thousands of consumers trade in their used gadgets to upgrade to the latest technology and earn quick cash. Based in Boston, Gazelle is privately owned and is backed by premier venture capital firms Venrock Associates, RockPort Capital Partners, Physic Ventures and Craton Equity Partners.

Gazelle is a trademark of Gazelle, Inc., registered in the U.S. iPhone is a trademark of Apple Inc., registered in the U.S. and other countries. Gazelle is not affiliated with Apple.

Contact Information:

Media Contact
Kristin Allaben for Gazelle
617-945-1915
gazelle@launchsquad.com