CIT Canada announced its sponsorship of Green4Good, an IT asset re-use and recycling program initiated and operated by Compugen Finance Inc., a wholly owned subsidiary of Compugen Inc.

“CIT is pleased to sponsor Green4Good and support the exceptional value that they bring to so many charities across Canada,” said Blake Macaskill, Managing Director of CIT Canada. “The Green4Good program eliminates the environmental impact associated with the disposition of end-of-first-life™ IT assets, while at the same time turning the net residual value of decommissioned IT assets into much needed assistance for charitable organizations.”

Steve Glover, Senior Vice President of Compugen Finance, added, “We’re very happy with the value and high service levels that our partnership with CIT brings to our customer base.  CIT’s sponsorship of our Green4Good organization not only enhances our relationship, but confirms that corporations like CIT are becoming increasingly aware of their social and environmental responsibilities.” 

Steve Byrne, Director of Green4Good, said, “The cost of removing equipment and ensuring complete and secure data wiping can be significant.  We eliminate the cost and the challenge and replace it with a solution and charitable donation.”

Green4Good has numerous partnerships across Canada with companies that provide their decommissioned IT equipment. The program is growing at a rapid rate as companies continuously search for ways to efficiently dispose of these assets.

Green4Good is an IT asset re-use and recycling program under Compugen Finance Inc., a wholly owned subsidiary of Compugen Inc. The Green4Good program operates under the guidance of a volunteer Board of Advisors made up of IT and environmental industry leaders. It is supported by a large team of technical specialists working in the marketing, sales, configuration, logistics and warehousing of Compugen Finance in Richmond Hill and at other centers across Canada.