Feeds

UK start-up to take surplus stock out of channel

Will keep channels clean by targeting overseas markets

  • alert
  • submit to reddit

High performance access to file storage

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." ®

High performance access to file storage

More from The Register

next story
Sorry London, Europe's top tech city is Munich
New 'Atlas of ICT Activity' finds innovation isn't happening at Silicon Roundabout
MtGox chief Karpelès refuses to come to US for g-men's grilling
Bitcoin baron says he needs another lawyer for FinCEN chat
Dropbox defends fantastically badly timed Condoleezza Rice appointment
'Nothing is going to change with Dr. Rice's appointment,' file sharer promises
Audio fans, prepare yourself for the Second Coming ... of Blu-ray
High Fidelity Pure Audio – is this what your ears have been waiting for?
Did a date calculation bug just cost hard-up Co-op Bank £110m?
And just when Brit banking org needs £400m to stay afloat
Zucker punched: Google gobbles Facebook-wooed Titan Aerospace
Up, up and away in my beautiful balloon flying broadband-bot
Apple DOMINATES the Valley, rakes in more profit than Google, HP, Intel, Cisco COMBINED
Cook & Co. also pay more taxes than those four worthies PLUS eBay and Oracle
It may be ILLEGAL to run Heartbleed health checks – IT lawyer
Do the right thing, earn up to 10 years in clink
prev story

Whitepapers

Securing web applications made simple and scalable
In this whitepaper learn how automated security testing can provide a simple and scalable way to protect your web applications.
Five 3D headsets to be won!
We were so impressed by the Durovis Dive headset we’ve asked the company to give some away to Reg readers.
HP ArcSight ESM solution helps Finansbank
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Mobile application security study
Download this report to see the alarming realities regarding the sheer number of applications vulnerable to attack, as well as the most common and easily addressable vulnerability errors.