BOSTON, Mass. -- November 18, 2014 -- Gazelle, Inc., the pioneer in reCommerce and leading consumer electronics trade-in site, today announced it has paid $200 million to consumers for used devices. This milestone is a resounding signal of growing mass consumer awareness that old devices are worth cash -- even if the gadgets are used, unwanted, or even broken.

In 2008, Gazelle pioneered the reCommerce market, giving people the option to trade old gadgets for cash. To date, Gazelle has accepted more than two million devices, from a Motorola RAZR to an iPhone 6 Plus, from more than one million customers. Through its global market, Gazelle brings innovative consumer technology to people who would otherwise be unable to afford state-of-the-art technology.

Gazelle strives to offer the best consumer experience possible and recently unveiled reCommerce’s next step. Buy.gazelle.com is a new service allowing people to buy Gazelle Certified pre-owned smartphones and tablets for less than they would pay for new devices. The Gazelle certification includes a rigorous 30-point inspection to ensure devices are fully functional. Unlike the hassles of purchasing tablets and smartphones, like navigating contract restrictions or making a major investment for a new device, Gazelle Certified pre-owned is a flexible, "no-strings-attached" solution.

"Paying $200 million for used mobile devices is a big win for American consumers, but it’s also an amazing achievement for the entire Gazelle team," said Gazelle CEO, Chris Sullivan. "Gazelle built its business on establishing trust with our customers and this milestone is a testament to that. Now, we’re taking the next step by expanding our services and giving people a reliable, flexible option to buy affordable devices. We’re excited to see how our business continues to grow and expand as more and more consumers join in the reCommerce movement."

For more information on how you can trade-in your used devices, or purchase a certified pre-owned device, visit www.gazelle.com.

About Gazelle

Gazelle (www.gazelle.com) is the nation's leading consumer electronics reCommerce site, providing an easy, fast and safe way for consumers to get cash for their used electronics or buy Certified pre-owned devices. Gazelle reduces the risk and effort of buying and selling pre-owned electronic gadgets online with benefits such as comprehensive data removal and a reputation for very strong customer service, recognized by an A+ Better Business Bureau rating and a 9.5/10 Reseller Ratings review average. To date, Gazelle has paid out more than $200 million and bought and resold more than 2 million devices, helping consumers upgrade to the latest technology. Based in Boston, Gazelle is privately owned and is backed by premier venture capital firms Venrock Associates, RockPort Capital Partners and Physic Ventures.

Gazelle is a trademark of Gazelle, Inc., registered in the U.S. iPhone 6 Plus and iPad are trademarks of Apple Inc., and Motorola RAZR is a trademark of Motorola, Inc., registered in the U.S. and other countries. Gazelle is not affiliated with Apple or Motorola.

Contact:

Jenelle Tortorella for Gazelle

617.945.1915

gazelle [at] launchsquad [dot] com

BOSTON, MA--(Marketwired - Oct 30, 2014) - Gazelle, the leading trade-in site for consumer electronics and the pioneer of reCommerce, today announced it launched a new service that allows consumers to purchase Gazelle Certified pre-owned devices from a trusted brand at prices well below what consumers are asked to pay for new. The Gazelle certification includes a rigorous 30-point inspection to ensure the devices are fully functional.

Gazelle's new offering is a "no-strings-attached" solution to what has become a common problem. In a world where breaking a screen, losing a phone, or dropping one in a puddle are all-too-frequent occurrences, there is demand for a flexible, hassle-free way to navigate contract restrictions, without making a major investment in a new phone or going several days without one. Gazelle also offers a great alternative for consumers seeking to avoid the high cost of new high-end smartphones, which typically cost $650 or more when bought without an expensive contract extension or payment plan.

Gazelle now sells a range of iPhones from the 4 up to the 5s and a range of iPad models. All of the items are rated as "Certified Like New" or "Certified Good," which ensures the phones are fully functional, restored to factory settings, and available for major carriers. Gazelle conducts its thorough inspection in-house, at its state-of-the-art processing facility in Louisville, Kentucky. Gazelle Certified devices come with a 30-day money back guarantee, so if someone is not satisfied with their purchase, the company will offer a full refund or exchange, no questions asked. Samsung Galaxy phones will be added in the coming weeks.

"In 2008, Gazelle introduced the idea of reCommerce to the market, helping consumers generate value from their used and even broken electronics through trade-in," said Sarah Welch, EVP Consumer for Gazelle. "We're now extending the trusted Gazelle brand to a new market: helping consumers who want all the benefits of a smart device without the high price tag of buying new. Whether consumers need a dependable, affordable phone quickly because they break or lose their phone and aren't eligible for a discounted upgrade, or they just want to avoid the high underlying costs of buying new, we think buying used is a really smart way to own a smartphone."

Gazelle's new offering is driven by three key principles:

• Trust. Most consumers are worried about performance when purchasing pre-owned electronics; Gazelle Certified lends a level of assurance an online marketplace or less well-known direct seller simply does not have. Gazelle has already bought and sold more than 2 million electronic devices, with 9 out of 10 customers rating their experience with Gazelle as "excellent."
• Freedom. There are no strings attached when consumers purchase a device from Gazelle. No contract extensions, no hidden fees, no requirement to stay with or switch to a new carrier -- just straightforward pricing based on the value of the device.
• Affordability. The price most consumers are used to paying for devices is a subsidized price or one that is hidden by a lengthy series of monthly payments. The actual cost of the phone is much more than that, often coming in around $650 to $800. Gazelle is now offering consumers the option to get the smart device they want at a very competitive price by purchasing used. Gazelle offers a wide range of devices and price points to meet each consumer's needs.

Visit buy.gazelle.com to get started.

About Gazelle
Gazelle (www.gazelle.com) is the nation's leading consumer electronics reCommerce site, providing an easy, fast and safe way for consumers to get cash for their used electronics or buy Certified pre-owned devices. Gazelle reduces the risk and effort of buying and selling pre-owned electronic gadgets online with benefits such as comprehensive data removal and a reputation for very strong customer service, recognized by an A+ Better Business Bureaurating and a 9.5/10 Reseller Ratings review average. To date, Gazelle has paid out more than $200 million and bought and resold more than 2 million devices, helping consumers upgrade to the latest technology. Based in Boston, Gazelle is privately owned and is backed by premier venture capital firms Venrock Associates, RockPort Capital Partners and Physic Ventures.

Gazelle is a trademark of Gazelle, Inc., registered in the U.S. iPhone and iPad are trademarks of Apple Inc., and Galaxy is a trademark of Samsung, Inc., registered in the U.S. and other countries. Gazelle is not affiliated with Apple or Samsung.

CONTACT INFORMATION
Contact:
Jenelle Tortorella for Gazelle
617.945.1915
gazelle [at] launchsquad [dot] com

BOSTON, MA--(Marketwired - Aug 18, 2014) - While we prepare for the latest iPhone to hit stores, Gazelle, the leading trade-in site for consumer electronics, today announced it has once again extended its industry-leading price lock from 30 days to more than 50 days. You can lock in pre-event pricing between now and September 9 but hold onto your current phone until after you receive your new iPhone.

"Trade-in values typically drop 20 percent in the 60 days around the introduction of a new model," said Alyssa Voorhis, Gazelle's senior technology analyst. "We give consumers a no-strings-attached option to trade in their old device for cash and plenty of time to upgrade."

In addition to the extended price lock, for a limited time, Gazelle is offering a special promotion for customers looking to trade in an iPhone 5S. To help those early adopters upgrade to the latest iPhone, we're now offering up to $350 for iPhone 5S*. This offer is also designed to help those who are not eligible for a subsidized upgrade from their carrier. Prices tend to drop precipitously around the release of a new model, so lock in your price early to get the best deal.

We've designed our trade-in process to be as easy and convenient as possible; there's no waiting in line, no up-selling and you have complete control over the entire process from the comfort of your home. Because we also know how important security is, we completely wipe the personal data on your phone by returning it to its original factory settings.

The extended price lock runs through September 9, the expected announcement day for the iPhone 6. If you complete the offer process on Gazelle.com before then, you don't need to send in your phone until October 10.

Visit www.gazelle.com to get started.

*"Up to" price based on Gazelle's offer price for a perfect condition, unlocked iPhone 5S as of August 18 2014.

About Gazelle
Gazelle (www.gazelle.com) is the nation's leading consumer electronics trade-in site, providing an easy, fast and safe way for consumers to get cash for their previously used devices. Gazelle reduces the risk and effort out of selling electronic gadgets online with benefits such as free shipping and packaging and comprehensive identity and data removal. To date, Gazelle has paid out more than $175 million and accepted more than 2 million trade-ins, helping consumers upgrade to the latest technology and earn quick cash. Based in Boston, Gazelle is privately owned and is backed by premier venture capital firms Venrock Associates, RockPort Capital Partners and Physic Ventures.

Gazelle is a trademark of Gazelle, Inc., registered in the U.S. iPhone is a trademark of Apple Inc., registered in the U.S. and other countries. Gazelle is not affiliated with Apple.

CONTACT INFORMATION

Contact:
Jenelle Tortorella for Gazelle
617.945.1915
gazelle [at] launchsquad [dot] com

BOSTON, MASS AND TEL AVIV, ISRAEL -- May 28, 2014 -- Gazelle, Inc., the nation's leading consumer electronics trade-in site, announced today it has achieved a series of key milestones, including accepting its 2 millionth device and serving its 1 millionth customer. With this news, Gazelle solidifies its position as the preferred online reCommerce service in the United States. These milestones illustrate Gazelle’s industry-leading service and commitment to extending the lifecycle of devices.

Israel Ganot, CEO of Gazelle, made today’s announcements at the U.S - Israel CONNECTED Summit in Tel Aviv, Israel. Ganot is participating in an innovation mission with Massachusetts Governor Deval L. Patrick and The New England-Israel Business Council (NEIBC). The prestigious group is comprised of over 100 leaders from a wide cross section of industries, including IT, healthcare, energy and water technology, cyber security, academia, financial services and life sciences. NEIBC’s leaders are focused on increasing economic development in Israel and New England.

Since launching in 2008, Gazelle has seen tremendous growth in the number of devices traded-in year-over-year, as more consumers become aware of the opportunity to earn cash for extending the lifecycle of their devices. To date, Gazelle has paid out more than $170 million to customers looking to trade-in their unwanted or broken devices. Gazelle’s reputation as the leading trade-in service enabled the company to achieve revenues of more than $100 million in 2013.

"Reaching this momentous set of milestones is an incredible achievement for the entire Gazelle team," said Israel Ganot, Gazelle’s CEO and co-founder. "When we founded the company, we believed in extending the lifecycle of consumer electronic devices and rewarding our customers for their smart consumption. Those values still drive us today and it’s been phenomenal to see society embrace the idea of reCommerce. With more consumers participating in reCommerce each year, we’re excited to continue this journey."

The reCommerce market has seen rapid adoption over the past two years. A Hanover Research study completed in February 2014 finds 36 percent of Americans have traded-in a smartphone online. Previous Gazelle surveys showed reCommerce penetration at 23 percent in June 2013 and just 6 percent in May 2012. Gartner Research expects the U.S. reCommerce market for high-end consumer electronics to reach $14 billion by 2017.

Gazelle’s growth is largely driven by Apple devices and Android smartphone trade-ins. Recently, Gazelle saw incredible growth in the number of Android devices traded-in, with Samsung trades increasing 209 percent since the launch of the Galaxy SIII in 2012. The average customer has received $180 from Gazelle.

For more information on trading in your old devices, visit www.gazelle.com.

About Gazelle

Gazelle (www.gazelle.com) is the nation's leading consumer electronics trade-in site, providing an easy, fast and safe way for consumers to get cash for their unwanted devices. Gazelle takes the risk and effort out of selling electronic gadgets online with benefits such as free shipping and packaging and comprehensive identity and data removal. To date, Gazelle has paid out more than $170 million and accepted more than 2 million trade-ins, helping consumers upgrade to the latest technology and earn quick cash. Based in Boston, Gazelle is privately owned and is backed by premier venture capital firms Venrock Associates, RockPort Capital Partners, Physic Ventures and Craton Equity Partners.

Gazelle is a trademark of Gazelle, Inc., registered in the U.S.

Contact:

Angela Giovanello or Jenelle Tortorella for Gazelle

617.945.1915

gazelle [at] launchsquad [dot] com

BOSTON, Mass. – February 14, 2014 – Have you ever suffered the horrible sinking feeling in your stomach when your phone flies out of your hand and splashes into the toilet or smashes to pieces on the ground? You’re not alone. Today, Gazelle, the leading consumer electronics trade-in site, announced its annual Klutziest Places in America list. The list is compiled based on the percentage of broken devices Gazelle received from various regions throughout the country. This year’s Klutziest City is College Station, Texas.

"When you look at the data, it’s not terribly surprising that the majority of places in the top 10 Klutziest Cities list are college towns," said Anthony Scarsella, chief gadget officer at Gazelle. "Also, since most broken phones we receive are water damaged, it’s interesting to note that half of our top 10 cities are on the coast."

Here’s a look at this year’s Klutziest Cities compared to last year’s.

2013 Klutziest Cities (Rank, City, % Broken)

1. College Station, TX 37%
2. Tempe, AZ 32%
3. Wilmington, NC 32%
4. Shreveport, LA 31%
5. Charleston, SC 31%
6. Gainesville, FL 30%
7. Pensacola, FL 30%
8. Fayetteville, NC 30%
9. New Orleans, LA 29%
10. Lubbock, TX 29%

2012 Klutziest Cities (Rank, City, % Broken)

1. Tallahasse, FL 21%
2. New Orleans, LA 21%
3. Bakersfield, CA 21%
4. Bronx, NY 20%
5. Virginia Beach, VA 19%
6. Oklahoma City, OK 19%
7. Memphis, TN 19%
8. Baton Rouge, LA 18%
9. Staten Island, NY 18%
10. Boston, MA 18%

Notable findings on Gazelle’s Klutziest Cities include:

• Six of the top 10 Klutziest Cities are college towns, with Texas A&M University (College Station, TX), Arizona State University (Tempe, AZ), University of North Carolina-Wilmington (Wilmington, NC), University of Florida (Gainesville, FL), Tulane University (New Orleans, LA) and Texas Tech (Lubbock, TX) all appearing on the list.
• New Orleans is the only city to carry over from last year’s top 10. While the city technically dropped its position from second to ninth between 2012 and 2013, the overall percentage of broken devices from New Orleans increased.
• iPhones, especially older iPhones, like the iPhone 3GS and the iPhone 4, were the broken phones most frequently traded-in.
• The Samsung Galaxy S4 was the most traded-in non-iPhone cell phone, with more than a quarter (26 percent) of Galaxy S4 trade-ins described as broken.
• Between 2012 and 2013, Gazelle saw a 180 percent year-over-year increase in the number of broken devices traded-in.
• Also worth noting, July is the klutziest time of year, with broken phones comprising more than one-third of all phones traded-in during that month.

"Gazelle is dedicated to extending the lifecycle of devices while giving consumers cash for those unwanted items, even if they’re broken. This is particularly helpful for college students, who are often cash-strapped and could use the extra $100 or more," added Scarsella.

Gazelle also announced the launch of its annual broken contest, inviting people to share their broken stories, for the chance to win $500. To enter the contest, and to read the rules and guidelines, visit http://ngx.me/aHwfk0.

Have a broken device at home? Check to see what your broken device can get you at www.gazelle.com.

About Gazelle

Gazelle (www.gazelle.com) is the nation’s leading consumer electronics trade-in site, providing an easy, fast and safe way for consumers to get cash for their unwanted devices. Gazelle takes the risk and effort out of selling electronic gadgets online with benefits such as free shipping and packaging and comprehensive identity and data removal. To date, Gazelle has paid out more than $150 million and accepted more than 1.5 million trade-ins, helping consumers upgrade to the latest technology and earn quick cash. Based in Boston, Gazelle is privately owned and is backed by premier venture capital firms Venrock Associates, RockPort Capital Partners, Physic Ventures and Craton Equity Partners.

Contact Information

Kristin Allaben for Gazelle

617-945-1915

gazelle@launchsquad.com