Smith & Associates Announce Exclusive Partnership with ServerMonkey for Asset Disposition Services

HOUSTON, TEXAS – (May 31, 2011) – Smith & Associates, a Houston based leader in the electronics distribution market, today announced an exclusive partnership for asset disposition services with ServerMonkey, a provider of new and refurbished IT equipment and e-waste recycling and remarketing services.

Smith, which recently announced its CycleIT™ asset disposition program, will leverage ServerMonkey’s experience and expertise in customized and secure asset disposition services and e-commerce capabilities.

“By utilizing ServerMonkey’s remarketing and e-commerce tools, we’re able to greatly expand our asset disposition focus by connecting with retail customers directly through ServerMonkey’s website,” said Kirk Wehby, Smith’s Vice President of Operations. “ServerMonkey provides an easily accessible way for customers and businesses to purchase and submit products, which means that more e-waste will be disposed of properly rather than sent to landfills.”

Scott Michael Flowers, CEO of ServerMonkey, sees the partnership as a mutually beneficial arrangement.

“ServerMonkey’s goals are to provide customers with low cost, high quality IT equipment, and to recycle and safely dispose of as much e-waste as possible,” Flowers said. “Smith is one of the most respected names in the electronics distribution market. Pairing Smith’s expertise in business-to-business solutions with ServerMonkey’s retail channel will, we’re confident, be a partnership that will result in a greener, more environmentally conscious IT industry.”

Smith and ServerMonkey offer a wide array of asset disposition services including refurbishing and remarketing of retired IT assets, secure data erasure services, and the destruction of equipment containing sensitive business information.

To learn more about each company’s asset disposition offerings, please visit the CycleIT and ServerMonkey Buy Back websites.

About Smith & Associates — Founded in Houston in 1984, Smith & Associates ( is a leader in the independent distribution of semiconductors and electronic components to electronics and high-tech manufacturers. Smith offers shortage sourcing for commodity and obsolete parts, innovative purchasing and inventory management solutions, redistribution of excess inventory, and component stocking for warranty and repair programs.

A privately held company, Smith & Associates employs more than 300 people worldwide, with annual revenue in excess of US$400 million. Smith's regional hubs in Houston, Hong Kong and Amsterdam are ISO certified and IDEA compliant. In addition, sales and purchasing offices are located in Silicon Valley, Barcelona, Guadalajara, New York, Shanghai, Shenzhen, Seoul, Singapore and Taipei. For more information or to reach a Smith representative 24 hours a day, please call: 1.800.HOUSTON or +1 713.430.3000

About ServerMonkey — Located in Houston, TX, ServerMonkey ( stocks and delivers new and refurbished servers and networking equipment. With a blend of low prices, high quality and exceptional service, ServerMonkey offers a unique opportunity for corporate IT groups to economize without compromising.

ServerMonkey specializes in refurbished servers and networking equipment, stocking brands like HP, Dell, IBM, Sun and Cisco. ServerMonkey saves IT equipment buyers money by stocking the equipment they are looking for – equipment that’s compatible with current systems. And ServerMonkey’s prices are lower than anywhere else in the market. Quite simply, ServerMonkey offers the best IT equipment at the best prices.