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Clover Holdings, Inc. Announces the Acquisition of American Communications

13 Aug, 2013

CHICAGO, IL – August 13, 2013 – Today, Clover Holdings, Inc., the global leader in the recovery, refurbishment, remanufacturing & redeployment of business assets including imaging supplies, cell phones, personal electronic devices, and telecommunications equipment, announced the acquisition of American Communications, the leading supplier of new and used telecommunications hardware to carriers, service providers, enterprise clients, end users, and resellers around the world. The acquisition is a significant addition to Clover’s growing telecommunications business and furthers the company’s strategy of diversification across market segments.

“Our acquisition of American Communications clearly demonstrates Clover's commitment to building an industry-leading telecommunication asset management portfolio," says Jim Cerkleski, CEO of Clover Holdings Inc. “American Communications’ impressive capabilities in telecommunications hardware sales, service, and support are a perfect complement to Clover’s existing product and services offerings, and will provide our diverse customer base with a complete end-to-end telecommunication asset management solution.”

American Communications is an international provider of communications network solutions servicing central offices, collocations, data centers, outside plants, wireless base stations, cable networks, and microwave networks. The company offers managed services focused on furnishing equipment and materials, staging and delivery, asset recovery, repair and testing, assembly and integration for communications networks infrastructure. This broad sales and service offering supports American Communications’ diverse customer base in the expansion and maintenance of their communication networks.

“American Communications is excited to be joining the Clover Holdings family of companies,” says Phil Grace, CEO of American Communications. “The combination will significantly advance our strategy of providing comprehensive global telecommunications asset management services through the integration of American Communications’ solutions with Clover’s substantial existing service offerings in this sector. As a Clover company, American Communications will be able to leverage Clover’s extensive global reach to deliver unparalleled value to our clients and partners worldwide.”

The American Communications acquisition furthers Clover Holdings’ expansion into the telecommunications space, which already includes industry brand names such as ValuTech, Clover Wireless, Full Circle Wireless, The Wireless Source, and YouRenew.

About Clover Holdings, Inc.
Clover Holdings, Inc. is the global leader in the recovery, refurbishment, remanufacturing and repurposing of business assets, including
toner and ink cartridges, cell phones, personal electronic devices and telecommunications equipment. Founded in 1996, Clover is one of
the fastest growing, privately held companies in the United States with over 50 locations worldwide. Clover is also the world’s largest
collector and recycler of empty ink and toner cartridges in the aftermarket imaging supplies industry and provides comprehensive
recycling services for small electronics including wireless devices as well as electronic asset lifecycle management. The complete line of
Clover’s quality toner and ink is available through leading office products distributors and resellers and marketed under a variety of
private label brands. Additionally, Clover offers a comprehensive portfolio of products and reverse logistics solutions for wireless devices
including private label programs. To learn more, visit http://www.clovertech.com

About American Communications
American Communications is a leading supplier of new, surplus and used telecommunications hardware, supporting carriers, service
providers, enterprise clients, end users, and resellers around the world. We provide turnkey solutions for data, wireless, wireline, and cable
networks, including buying and selling equipment, equipment test and repair, assembly and integration, de-installations, asset recovery,
and technology migration solutions. American Communications maintains an extensive equipment inventory and an established customer base nationwide and abroad. American Communications is headquartered in Santa Barbara, California, with sales and technical operations in Dallas, Texas.

Clover Holdings Inc.
Name: Dan Ruhl
Title: President
Phone: 815 790 0658
Email: DRuhl2@clovertech.com

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