REfficient Wins 1Awards Competition

Hamilton, Ontario – May 13, 2013 – REfficient has garnered another business award, winning the 1Awards business competition for companies with measurable growth. REfficient now has customers in 10 provinces and territories, 24 US states and 9 other countries, and has doubled its workforce in the last year.

Launched in 2010, REfficient is an online marketplace allowing companies to go shopping in other companies’ surplus inventory for Telecom and AV equipment. Customers can also resell and recycle via the company’s platform, and receive sustainability reporting for their Corporate Responsibility reports. REfficient now counts many of Canada’s largest telecom companies as customers and has diverted more than one million pounds of ewaste from landfill. REfficient recently became Hamilton’s first Certified B Corp.

Now in its second year, the 1Awards Competition focuses on Hamilton-based companies that have produced quantifiable growth. The contest is funded by First Ontario Credit Union and the Hamilton Spectator, as well as Play Advertising, Mohawk IdeaWorks, Grant Thornton, AgroZaffiro and Weever Apps. Three companies were chosen as winners. REfficient will use the awarded $39,000 in cash and prizes to fuel the company’s expanding footprint.

REfficient CEO Stephanie McLarty remarked, “We are proud to be a Hamilton based company scaling our business globally. The 1Awards not only recognizes that, but will allow us to make investments in marketing to further expand our reach. The tremendous support we continue to receive from across the Hamilton business ecosystem is an important part of our rapid growth.”

About REfficient

REfficient’s transactional marketplace is built on a “triple-win” model, providing large telecom and AV companies a trusted and efficient platform for deriving value from surplus inventory, while offering buyers reliable, often new equipment at savings of 20-50% over traditional sources. This innovative new green model benefits everyone by reducing waste and increasing resource efficiency. You can follow REfficient at @REfficient and www.facebook.com/REfficient.

Media contacts
Stephen Rouse
CAROUSE Communications
416-402-6876
stephen@carouse.ca