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•Mark BowlesMark Bowles
•Founder, CMOFounder, CMO
ECO-ATM (Environmental friendly Automated teller machine)
Need of EcoATM:-• The International Consumer Electronics
Show(Jan 10-13) Las Vegas is all about the latest smartphones, tablet computers and other devices.
• But what about the old gadgets?
• Actually, one machine at the show is designed to help recycle gadgets, giving old phones a second life, or a better home.
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Overview of ecoATM:-
• The founder of eco-ATM is Mark Bowles.
• Based in San Diego, Calif.and L.A., ecoATM is the first and only company to create an automated self-serve kiosk system to evaluate and buy-back used electronics directly from consumers for cash or store credit.
• It is the first and only company to create an automated self-serve kiosk system.
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• Installed on public places.
• Based on three technologies:-
1-Advanced machine vision,
2-Electronic diagnostics,
3-Artificial intelligence.
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• Eco-ATM’s visually and electrically inspect your used device and judge amount acc.
• Eco-ATM pays more than any competitive or other available options in the market.
• Achievement- EcoATM is nominated as the best clean-tech startup device of Crunchies 2011.
• Upto 2014, all mobile developers has decided to make similar(standard) pin charger.
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Eco-ATM (Anti)-Carbon Policy
• Eco-ATM is committed to being a Carbon Negative company – going beyond neutrality to actually removing it from our environment.
• 75,000 tons of used mobile phones are thrown into landfills every year.
• Used mobile phones may contain toxic materials like cadmium,mercury & arsenic that can leach into our water system.
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Diseases caused:- • Cadmium causes emphysema, chronic
renal disease and lung cancer.
• Inorganic mercury causes gingivitis, stomatitis, neurologic impairment and nephrosis, while organic mercurials cause sensory neuropathy and blindness.
• Arsenic causes skin cancer,liver cancer and lymphatic cancer.
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U.S. Annually150M used phones
retired$7B worth
E-WASTE TIPPING POINT
$4.6B 2009 WW used phone market (source ABI)
HUGE WORLDWIDE SECONDAY MARKET
Consumer Benefits
Trash into Cash
Discount new purchases
Eco-responsible
Personal Data removal
Retailer Benefits
•Increased customer foot-traffic
•E-Waste law compliance
•Eco-branding
•Buy-Back $ Spent In Stores
FINANCIAL INCENTIVE FOR
ALL STAKEHOLDERS
ALTERING WASTEFUL
LIFE-CYCLE OF ELECTRONICS
•Today
•Next Month
•Next Year
5 machines --6 month trial
•$250,000 paid out
•60,000+ phones collected
• Retaile
rs
•Consumers
Win Win Win Win
• OEM
Award’s:-
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How to use ecoATM:-• The cupboard-sized machine has a large
touch screen and a big metal "mouth" where you can place your old phone or MP3 player.
• Drop your phone into the EcoATM and the machine will pay you what it believes the handset is worth.
• It takes pictures of the device to figure out what kind of shape it's in.
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• Then, you choose one of the machine's many cables to connect your device.
• The machine will figure out if the device's internals are working.
• Shows max. amount of hundreds of e-recycling companies that are willing to pay for it.
• If you accept, it spits out cash.(extract)
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Future Scope:-• Starting with mobile phones, iPods,
and other portables today, they have designed ecoATM to eventually handle PCs, laptops, and larger devices.
• In upcoming days we also expect to see more compact (in size)and more user friendly GUI of ecoATM.
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References:-
• Inspire from an article of Times of India.
• Yahoo news..
• Wikipedia..
• www.ecoATM.com
• www.google.com
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Any Questions?
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