Overview
Established in 1978, Shred-Tech is a world leader in information destruction and reduction solutions. Shred-Tech designs and manufactures reduction systems and shredding machinery to cost-effectively solve the world's most difficult waste reduction and recycling problems. Shred-Tech has installed more than 2,000 shredding and recycling systems worldwide and is recognized globally for its first-class products and its commitment to engineering innovation and quality.

Location
295 Pinebush Road
Cambridge, Ontario
Canada N1T 1B2

Tel: (519) 621-3560
Toll Free: 800-465-3214
Fax: 519-621-4288
E-mail: shred@shred-tech.com

Executives

• Rob Glass, President and Chief Executive Officer
• Joe Roberto, Vice President, Sales and Marketing

Revenue

• More than $60 million in 2007

Shred-Tech Capabilities

• Paper shredding
• Tire shredding
• Waste processing
• Plastics reduction
• Metals recycling
• Product recovery and destruction
• Computer and Electronic Hardware recycling

Secure Destruction Solutions

• 2 models of Mobile Collection Systems
• 4 models of Mobile Destruction Systems
• 22 models of Plant-based Destruction Systems

Fast Facts

Service

• Shred-Tech's nationwide network of Authorized Regional Service Centers enables it to serve its customers with a complete range of preventative maintenance and emergency services.
• Shred-Tech maintains "Single Source Responsibility" for its shredders and parts, maintaining a long-term supply of parts to ensure availability for the oldest to the newest systems.
• Within the next three to five years, Shred-Tech plans to have service facilities within two hours of 90 percent of its U.S. customers.
• A routine preventative maintenance program partnered with Shred-Tech maintains the built-in quality of equipment.

Identity Theft

• Most ID Theft crimes are the result of information stolen from a single improperly handled document containing personal information.
• A study commissioned by the Federal Trade Commission reveals that personal data is usually stolen in offline ways – such as dumpster diving – with only about 12 percent of the cases being a result of the Internet.
• Almost every business is affected by recent personal privacy laws, such as HIPAA (Health Insurance and Portability Act), GLBA (Gramm-Leach-Bliley Act), Bill C-6 and FACTA (Fair and Accurate Transaction Act).
• The Federal Bureau of Investigation (FBI) estimates that US corporations lose more than $24 billion each year to information theft.

The Mobile Document Shredding Industry

• Shred-Tech has led the way in providing entrepreneurs with a proven, viable and profitable business opportunity in the growing shredding industry.
• Mobile document shredding is a legislative-driven industry that is stable, sales-driven and is growing by 20 to 30 percent a year. 
• With the Shred-Tech security business, there are no royalties, territory limitations or franchise fees. 
• The Shred-Tech security business requires only a few dedicated employees and has low operating overhead.

Media Contact
Jennifer Ristic
Airfoil Public Relations
(248) 304-1421
ristic@airfoilpr.com