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Gazelle Announces Expanded Partnership With Recipero

Participates in CheckMEND Charter, Continues to Put Consumer Safety First

BOSTON, MA -- (Marketwired) -- 01/09/14 -- Gazelle, the leading consumer electronic trade-in site, today announced an expanded partnership with Recipero by entering into the CheckMEND Charter. The Charter was designed as a means of establishing an industry-led set of best practices to prevent trade activities of stolen consumer electronics. In addition to protecting consumers and helping to avoid confusion and frustration, Charter participants pledge to actively help law enforcement agencies combat theft and fraud related to consumer electronics.

"When we first entered into a partnership with Recipero to leverage the CheckMEND tool, our goal was quite simple: to prevent thieves from benefiting from stolen consumer electronics," said Israel Ganot, CEO, Gazelle. "The new CheckMEND Charter takes this a step further, not only ensuring that Gazelle will never pay a consumer for a device that has been reported as lost or stolen, but to also ensure law enforcement agencies can more effectively combat consumer electronic device theft. We take security very seriously at Gazelle; we were the first consumer electronics trade-in site to deploy CheckMEND and our activity with the Charter further emphasizes our dedication to our customers and consumers at large. We look forward to ways Charter members can work together to continue to keep consumers safe."

CheckMEND is a cutting-edge analytics tool used to more accurately detect potentially lost and stolen consumer electronics. The database is the most complete listing of devices available, comprised of data from major wireless carriers and law enforcement entities across the country and globally.

A full list of all requirements for Charter members is available online at http://www.checkmend.com/us/charter.

For more information on Gazelle and its participation in the CheckMEND Charter, visit the Gazelle website.

About Gazelle
Gazelle (www.gazelle.com) is the nation's leading consumer electronics trade-in site, providing an easy, fast and safe way for consumers to get cash for their unwanted devices. Gazelle takes the risk and effort out of selling electronic gadgets online with benefits such as free shipping and packaging and comprehensive identity and data removal. To date, Gazelle has paid out more than $100 million and accepted more than 1.5 million trade-ins, helping consumers upgrade to the latest technology and earn quick cash. Based in Boston, Gazelle is privately owned and is backed by premier venture capital firms Venrock Associates, RockPort Capital Partners, Physic Ventures and Craton Equity Partners.

About Recipero
Recipero (www.recipero.com) is trusted by thousands of clients and data providers to securely aggregate, analyze and interrogate data. Forming part of millions decision making processes and transactions every month, Recipero's device-led data and analytics solutions are provided online, in real-time, and are used globally by law enforcement, wireless carriers, insurers, recyclers, retailers and consumers.

Gazelle is a trademark of Gazelle, Inc., registered in the U.S.

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