Skip to main content

AVCTechnologies and Rand Technology Initiate Master Service Agreement

Written by Customer Service on . Posted in Public Companies.

ATLANTA, April 22, 2021 (GLOBE NEWSWIRE) — American Virtual Cloud Technologies Inc. (NASDAQ: AVCT), a leading cloud communications and IT service provider, and Rand Technology (Rand) have entered into a Master Service Agreement whereby Rand’s IT asset disposition (ITAD) facility will provide AVCT’s Computex Technology solutions (“Computex”) with R2 compliant white glove solutions, including IT asset recovery, secure data destruction and asset reporting. AVCT’s Computex specializes in delivering integrated data centers, complex enterprise networking, cybersecurity, unified cloud communications, and managed services. Rand offers full product life cycle support and secure asset recovery to maximize the useful life and recovery value of IT equipment.

“We are excited to engage in partnership with Rand, as a global electronics and supply chain leader, Rand Technology provides AVCtechnologies with expanded capabilities to provide network and cloud infrastructure, for buildouts and deployments globally,” said Worth Davis, Business Unit President at AVCT’s Computex.

“AVCT is an emerging leader in global IT solutions, providing a comprehensive bundle of cloud communications, managed services, cybersecurity, systems integration and enhanced connectivity that we desire to further enhance through our partnership,” said Doug Schilletter, VP & General Manager of Rand’s ITAD operations.

About American Virtual Cloud Technologies, Inc.

American Virtual Cloud Technologies, Inc. (“AVCT”; Nasdaq: AVCT) is a premier global IT solutions provider offering a comprehensive bundle of services including unified cloud communications, managed services, cybersecurity, and enhanced connectivity. Our mission is to provide global technology solutions with a superior customer experience. For more information, visit https://www.avctechnologies.com.

About Rand Technology

Rand Technology (“Rand”), headquartered in Irvine, CA, is a global electronics sourcing and supply chain leader, providing Fortune 500 customers with full lifecycle services, including distribution, aftermarket services, and asset recovery. With an operating history of almost 30 years, Rand uses data-driven market intelligence to support customers facing inventory shortages or excesses, sourcing, and other key supply chain management needs. Rand’s ITAD operations are headquartered in Tennessee.

Rand’s preferred status with top-tier OEMs, electronics manufacturing service (“EMS”) providers, and sourcing partners, uniquely enable the Company to match supply and demand for components on a global basis. For more information about Rand, visit www.randtech.com or follow Rand on LinkedIn.

To schedule an interview with key executives at Rand, please contact Tawnie Bassett-Parkins at tawnie.bassett-parkins@randtech.com.

AVCT Press Contact

Jackie D’Andrea

Inkhouse, LLC

avctechnologies@inkhouse.com

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.