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Regency Technologies’ IT Asset Management Summit Sends a Strong Message

Proper IT Asset Management is good for people, good for the environment, and good for business.

This was the message heard loud and clear from the presenters at the IT Asset Management Summit hosted by Regency Technologies on May 18, 2006.

Regency Technologies would like to thank all of our presenters as well as all of our attendees for making this important event a huge success.

The Summit kicked-off with a welcome address by Jim Levine of Regency Technologies. Mr. Levine emphasized Regency’s commitment to proper IT Asset Management. Regency Technologies is an IT Asset Management company dedicated to responsibility in both the acquisition and disposition of IT Assets. From inventory and data erasure to reselling and recycling, Regency conforms to industry best practices in all IT Asset Management activities. Learn more about Regency Technologies
The first to speak was toxics activist Jim Puckett – founder of the Basel Action Network (BAN) – addressing the serious public health impacts of IT dumping in both China and Africa. He revealed the outright dumping of electronics which has led to dangerous recycling habits, producing frightening toxins entering the water and air, toxins which create fatal health hazards for these highly populated countries. In conclusion, Mr. Puckett asked the important question: "Why should developing countries bear the toxic burden of the world just because they are poorer?" Learn more about BAN
Baker & Hostetler partner Arthur H. Lundberg followed Mr. Puckett on the legal implications of improperly removing data contained within IT Assets. Mr. Lundberg explained that it is not enough to use a third party to handle disposal, but businesses must conduct adequate due diligence to ensure that the third parties they choose for disposal are legitimate and capable. With FACTA, HIPAA, Gramm-Leach-Bliley and Sarbanes-Oxley all implicated, industry professionals must plan and execute the disposal of IT Assets with the same focus they use when acquiring the new IT Assets. Learn more about Baker & Hostetler
The Summit concluded with an engaging presentation by International Association of IT Asset Managers (IAITAM) President and Founder Barbara Rembiesa and IAITAM Director of Strategic Development David Keith. Ms. Rembiesa and Mr. Keith asked the attendees poignant questions regarding their IT Asset Management practices. They called upon representatives from KeyBank to share their bank’s protocols and explain how treating IT Asset Management like an integral part of a business is critical for risk management, increased profit and asset optimization. Learn more about IAITAM