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AnythingIT Completes 10th Year as a GSA Schedule Holder

(February 01, 2012)

FAIR LAWN, NJ -- (Marketwire) -- 02/01/12 -- AnythingIT Inc. (OTCBB: ANYI), entering its 20th year of business as one of the most experienced reuse/recyclers of electronic waste announced today that in 2012, it will have successfully completed its 10th consecutive year as a GSA Schedule Holder with the United States Government.

"We are extremely proud to have reached this milestone as a contractor to the United States Government in providing Information Technology Asset Disposition Services (ITAD). Our industry is evolving at a rapid pace and as technology obsolescence accelerates, we are well positioned to support both public and private sector requirements in managing legacy technology. Our goal has always been to be a trusted partner who delivers a high value for the assets while ensuring stringent standards for data security and e-waste disposal," stated David Bernstein, CEO of AnythingIT.

Having achieved the R2 and ISO 14001 Certifications reinforces the AnythingIT commitment to maintaining a very high level of security and controls in its management of end-of-life electronics. These certifications require rigorous standards to assess compliance with safety for workers and the environment.

"We look forward to continuing to be a trusted partner to the United States Government in managing these important IT and environmental services. As more organizations move to a cloud-based architecture, management of the IT infrastructure will continue to be paramount to IT and business leaders," continued Bernstein.


Bernstein also noted that AnythingIT continues to see consistent and steady growth and will soon be expanding its operation on multiple fronts. The company is headquartered in Fair Lawn, NJ but operates through partnerships out of multiple facilities across the US and globally. For more information on IT asset recovery and recycling needs, visit www.anythingit.com

About AnythingIT
AnythingIT is a reseller of end-of-life technology, serving Fortune 500 companies and the US Government. Services provided by the company include: data scrubbing, inventory management, repair and remarketing of equipment and recycling of parts and materials. AnythingIT has been operating for 20 years and is a GSA Schedule Holder who has achieved R2 and ISO 14001 certification.

Safe Harbor Statement

This press release contains forward-looking statements that can be identified by terminology such as "believes," "expects," "potential," "plans," "suggests," "may," "should," "could," "intends," or similar expressions. Many forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from any future results or implied by such statements. These factors include, but are not limited to, fluctuations in inventory valuation and risk of declining prices of new computer equipment, dependence on sales to the Federal government or prime contractors for the Federal government, its ability to effectively compete, the possible need to raise additional capital, a limited public market for its common stock, among other risks. AnythingIT Inc.'s future results may also be impacted by other risk factors listed from time to time in its SEC filings. Many factors are difficult to predict accurately and are generally beyond the company's control. Forward-looking statements speak only as to the date they are made and AnythingIT Inc. does not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made

For further information, please contact:

David Bernstein
AnythingIT Inc.
201-475-7301
Email Contact


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