American Laboratory Trading (ALT) Release: Company Forms Lab Asset Management Group

New division simplifies asset management for life sciences companies throughout the U.S.

SAN DIEGO, CA (January 25, 2017) – American Laboratory Trading Inc. (ALT), the largest provider of premium refurbished lab equipment and asset management services in North America, has launched Asset Management Solutions, a new division designed to help life science companies monetize surplus assets and maximize their ROI. The formation of the asset management division streamlines ALT’s existing services, introduces new offerings, and extends the company’s geographic reach.

ALT Asset Management Solutions is dedicated to simplifying the steps, reducing costs, and maximizing ROI for the company’s clients. Services include:

• Surplus asset disposition through outright purchase, consignment, or auction

• Turnkey move management including instrument decontamination, decommissioning, packing and shipping, and waste management

• Deinstallation, benchmark testing, and reinstallation of instruments

• Asset management software for tracking inventory, service contracts and maintenance history Led by Anggie Becorest, senior vice president of business development, the team includes professionals with years of experience in the life sciences, both as bench scientists and in business roles. Team members are strategically located throughout the country, including the key biotech hubs of San Francisco, Boston, and San Diego.

“ALT has always been an end-to-end solutions provider, but now we’ve simplified the process for our clients,” said Becorest. “Many clients don’t have the time or the resources to initiate the complicated stages of reverse supply chain management, such as decommissioning of instruments and chemical removal, and efficiently completing the process through final disposition of the assets. Our solution delivers a single point of contact and eliminates the need for contracting with multiple vendors, individual negotiations, or upfront fees.”

About American Laboratory Trading

American Laboratory Trading (ALT), an Agilent Technologies Channel Partner, provides asset management services and high-quality refurbished laboratory equipment to thousands of clients in the life sciences, from academia to industry. As the largest supplier of premium used lab equipment in North America, ALT stocks more than 12,000 instruments, ranging from benchtop accessories to robust triple quad mass spectrometers.

ALT is also a trusted provider of laboratory asset management services, helping companies and research institutions to safely dispose of and recycle their surplus laboratory equipment while maximizing their return on investment.

With sales, service, and warehouse facilities in Connecticut and Southern California, ALT offers equipment and services from coast to coast and around the world, serving customers in more than 60 countries.

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