Biography Of Magnakom | Certified IT Asset Disposition & Refurbished Device Solutions.pdf

Magnakom was officially launched in May 2019, driven by the conviction that technology should work for both people and the planet. It began as a small group that rapidly expanded to over 50 incredibly motivated and talented teammates, all sharing a common purpose.

The demand for cost-effective and reliable alternatives to purchasing new equipment helped fuel Magnakom's initial growth. College students seeking a laptop, families looking to make their dollar go further, and small businesses needing dependable equipment were all early customers of Magnakom.

1. Biography Of Magnakom

Magnakom is out to show that technology should work for both the people and the planet.
Founded in 2019 and based in Van Nuys, California, Magnakom is now one of the country's
most reputable IT Asset Disposition and suppliers of refurbished electronics.

With a wide variety of certified refurbished smartphones, laptops, tablets, and accessories,
Magnakom has been recognized for providing high-quality refurbished device solutions and
exceptional customer service throughout America.

2. The company believes that everyone should be able to afford and rely on new technology.
Affordability and transparency aside, Magnakom has a mission that goes much deeper. It also
includes increasing device lifetimes, which in turn reduces electronic waste.

A Mission Rooted in Sustainability
Sustainability has always been part of Magnakom's mission. The world is currently experiencing
an e-waste crisis, with tons of old electronics discarded every year, often ending up in landfills or
overseas, where they harm the environment.

Magnakom took that challenge to heart. They refurbish and recondition devices, giving products
that were prematurely destined for the landfill a second chance at life — and customers save
money along the way.

But it's more than just that: It grants agency back to consumers, placing reliability in their hands
while working within a system that combats resource depletion and waste. Their ITAD Buyback
Program offers some of the industry's leading returns, ensuring that organizations responsibly
recycle old mobile devices.
And the sustainability doesn't stop there. Magnakom has implemented measures throughout its
entire company to ensure it is not undercutting its commitment with wasteful practices or
half-baked ideas that lack thorough thought.

From testing and transparency, all the way down to the recycling bin, Magnakom's mission is
embedded in every aspect of its operations.

Turning Vision into Reality
Magnakom was officially launched in May 2019, driven by the conviction that technology should
work for both people and the planet. It began as a small group that rapidly expanded to over 50
incredibly motivated and talented teammates, all sharing a common purpose.

The demand for cost-effective and reliable alternatives to purchasing new equipment helped fuel
Magnakom's initial growth. College students seeking a laptop, families looking to make their
dollar go further, and small businesses needing dependable equipment were all early customers
of Magnakom.
This word-of-mouth marketing led to a rapid expansion of the company's customer base.
Magnakom now operates on both a retail and wholesale level, expanding its market share while
still maintaining quality and customer satisfaction in all aspects of the business.

3. Certifications and Recognition
Trust is everything in every business, and Magnakom understands this perfectly. They have
worked extremely hard to earn the trust of consumers through certifications and industry
recognition.

The company is R2 Certified, the global gold standard for responsible recycling and
refurbishment. This certification ensures that each product is handled with the highest care and
professionalism, as well as a minimal environmental impact.

Additionally, Magnakom is a member of the CTIA Leadership Board Council. They're also
WISE-certified for quality in wireless repair and refurbishing. These aren't just honors; they are
all confirmations of the company's ongoing commitment to accountability, safety, quality, and
environmental sustainability.
A Customer First Philosophy
Magnakom believes technology should be enabling, not exclusionary, and that's why they have
designed their business model around three core principles: affordability, accessibility, and
transparency.

Every product must pass quality control to ensure it meets the required performance standards.
The company also continually rates its devices with accuracy, so you always know what kind of
quality and features you are getting.

Magnakom customers have repeatedly mentioned that their purchases have surpassed their
expectations, which is a clear sign that the company understands its sole focus is to deliver
genuine value, not just a flashy ad or gimmick.

This philosophy has helped the company build lifelong relationships with customers, built on
trust, integrity, and delivering sound value, not empty promises.

Impact Beyond Business
Magnakom's influence extends into community building, and part of that involves narrowing the
digital divide. Magnakom is teaming up with schools, nonprofits, and digital literacy to ensure
that communities without access to the technology economy gain access. Technology is not a
product of the company; it is what allows individuals to gain access.

4. Values That Influence Every Decision

Magnakom’s growth is a result of strong values that have since become the foundation guiding
every decision the company makes.

Environmentalism: They promote environmental protection by refurbishing and recycling
technology that would otherwise be disposed of and end up in landfills.

Affordability & Accessibility: The Company ensures that every person has access to reliable
technology.

Quality & Reliability: They consistently deliver high-quality, high-performing products.
Community Engagement: Magnakom advocates for policies that promote the inclusion and
access of technology for all.

Building a Circular Economy
Magnakom is helping lead the global transition to a circular economy, an economic system that
focuses on reusing, repairing, and recycling materials rather than discarding them. Nowhere is
this more important than in the technology sector, as rampant consumption continues to extract
precious natural resources.
Magnakom reduces the need for new raw materials by refurbishing electronics, slows
unnecessary consumption, and keeps working devices out of landfills. Every purchase a
customer makes is not just a financial decision, but also a sustainability decision.

Looking Toward the Future
This is not the end of the Magnakom journey. They are thriving in every sense of the word —
their mission, product, and what they envision for the future. That means growing their product
lines, deepening customer and partner relationships, and most importantly, bringing sustainable
technology to communities across the country.
At the same time, it is committed to refining its refurbishment processes, raising industry
standards, and delivering greater transparency to customers.

For Magnakom, success is not measured solely by sales. It is measured by the people it
empowers, the environmental footprint it reduces, and the trust it builds with every device sold.
With each passing year, Magnakom continues to prove that a business can thrive while staying
true to its mission of sustainability, quality, and accessibility.