Mr. Douglas Steen

ETLC Management LLC, founded by Doug Steen, is a business whose management roots in Disposition and Remarketing date back to 1988.Mr. Steen was formerly an executive at Comdisco where he managed a one billion dollar portfolio consisting of various computer- related assets on both a domestic and international scale.Upon leaving Comdisco in 1997, Mr. Steen founded Comark Capital, which was the leasing and remarketing division supporting Comark, Inc., a $2 billion reseller of personal computers and related telecommunications equipment.
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Doug Steen, 42, Chief Executive Officer

Mr. Steen has more than 18 years experience in the leasing and remarketing business.Mr. Steen's background includes senior management positions at Comdisco, where he was responsible for a $1B plus portfolio of various IT related assets from residual projections to remarketing.This portfolio included equipment leases in North America, Europe and the Pacific Rim.Mr. Steen also managed Comdisco's Vendor Lease division where they provided private label programs including Sun Microsystems.

Following 11+ years at Comdisco, Mr. Steen founded Comark Capital, growing it from start-up to $65M in per annum revenue in 3 ½ years.ETLC was formed in direct response to customer requirements to fulfill their needs concentrating on remarketing, data security and recycling.He was recently featured in Crain's Chicago Business magazine, the noted business publication, and is a graduate of Purdue University.
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For more information, please contact Douglas Steen at (630) 584-0500.

"Gartner's research...would suggest that TCO is greatly improved by acquiring new technology," said ETLC Management president and CEO Doug Steen."However, if you were to speak with the CIOs of all the Fortune 500 firms, they would likely be very divided on their answers," he told NewsFactor.

What proves to be an appropriate lifecycle implementation will depend "on the user -- whether they are a 'power user' or a user doing simple spreadsheets, e-mail and so on," notes Steen."Where there is software development, engineering or even high-end consulting, most of those users tend to turn over the equipment at least twice as fast -- and sometimes five times more rapidly -- than nonpower users," he added.
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Because most technology users are not in the business of lifecycle management, they tend to assign related tasks "to individuals that aren't knowledgeable of all the issues affecting them on a daily basis," notes Steen."Some companies perform these tasks admirably, but most do not.As a result, the organization spends more money on TCO than need be," he said.

"I have seen certain purchasing agents fight for weeks over pennies on the acquisition of new assets or in acquiring the absolute lowest lease rate [even as their company is] storing thousands of used I.T. assets and spending hundreds of thousands of dollars in personal property tax and storage fees," Steen said."They have also let the residual value of these units decline to zero by not having a cogent lifecycle plan in place," he added.