Feeds

UK start-up to take surplus stock out of channel

Will keep channels clean by targeting overseas markets

  • alert
  • submit to reddit

Security for virtualized datacentres

XS Technology, a new UK company re-selling surplus channel stock, will start next month. XS said it will take unsold and unwanted kit from vendors, distributors and resellers and sell it in immature markets. Thereby keeping everyone's channels clean, it claims. Based in Milton Keynes, XS will start with five staff, and plans to take just about any PC or component. Stock will be sourced from Europe, and sent out to Africa, Asia or America. Its three directors will be Martyn Parsons, ex-IBM at Greenock, Nigel Lippard, currently MD of manufacturer and distributor Pine Technology, and Keith Williams, also from Pine, where he was head of European sales. Rival surplus stock dealer PST was unfazed. Peter King, PST sales director, said: "We've been in business for 25 years, and have a very sound relationship with our suppliers. Manufacturers must be confident about what's going to happen with their surplus stock and I think they will be wary about a company setting up in this sector." King said there were many small-time brokers in the UK, which were not seen by PST as competitors. Williams stated: "XS will not be a broker, but a trader. We will re-work, or re-sell, new or second-hand surplus machines." Lippard added: "There is definitely room in this market for another company. As we see increased financial pressure on inventory, vendors will be under increasing pressure to hold inventory rather than put it through the distribution channel and companies like XS will give them way out for discreet disposal." ®

Security and trust: The backbone of doing business over the internet

More from The Register

next story
Phones 4u slips into administration after EE cuts ties with Brit mobe retailer
More than 5,500 jobs could be axed if rescue mission fails
Driving with an Apple Watch could land you with a £100 FINE
Bad news for tech-addicted fanbois behind the wheel
Phones 4u website DIES as wounded mobe retailer struggles to stay above water
Founder blames 'ruthless network partners' for implosion
Sony says year's losses will be FOUR TIMES DEEPER than thought
Losses of more than $2 BILLION loom over troubled Japanese corp
Radio hams can encrypt, in emergencies, says Ofcom
Consultation promises new spectrum and hints at relaxed licence conditions
Why Oracle CEO Larry Ellison had to go ... Except he hasn't
Silicon Valley's veteran seadog in piratical Putin impression
Big Content Australia just blew a big hole in its credibility
AHEDA's research on average content prices did not expose methodology, so appears less than rigourous
Bono: Apple will sort out monetising music where the labels failed
Remastered so hard it would be difficult or impossible to master it again
prev story

Whitepapers

Secure remote control for conventional and virtual desktops
Balancing user privacy and privileged access, in accordance with compliance frameworks and legislation. Evaluating any potential remote control choice.
WIN a very cool portable ZX Spectrum
Win a one-off portable Spectrum built by legendary hardware hacker Ben Heck
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
The next step in data security
With recent increased privacy concerns and computers becoming more powerful, the chance of hackers being able to crack smaller-sized RSA keys increases.