FAQ

Q: What Does LMI Global Do?
A: As a trusted source for quality new and used networking equipment and service, LMI optimizes overall enterprise network infrastructure
performance by reducing total cost of ownership, increasing ROI, and reducing IT spending.

Q: What is the company’s goal?
A: To provide organizations with a quick and efficient solution for network asset valuation, procurement and disposal to maximize
cost savings and satisfaction.

Q: What are LMI’s competitive advantages?
A: The company is part of a global buying group that annually procures more than $1.5 billion in secondary/displaced networking
equipment with over $1 billion in accessible inventory at any given time. Also, LMI’s proprietary database of present and past supply/demand valuations allows for maximized value and liquidity.

Q: What’s your target market?
A: LMI targets CFO/CIO-level executives in organizations across the telecom, banking/financial, municipality/government, high tech, and
academic sectors. The company specializes in mid to large ticket asset dispositions.

Q: When was the company founded?
A: LMI Global was founded in 2000 and formally incorporated in 2004.

Q: Does LMI belong to any trade associations of industry networks?
A: Yes. LMI maintains active and good-standing memberships with:

  • San Diego Software Industry Council
  • TechAmerica (formerly American Electronics Association)
  • SD Venture Group
  • Asian Business Association
  • Japan Society of San Diego and Tijuana

Q: What kind of network equipment does LMI deal in?
A: New and used Cisco, Brocade/Foundry, Juniper Alcatel, F5, and several other
alternative brands.

Q: What is the cost savings?
A: By tapping into LMI’s large procurement group, organizations can maximize
sales in the disposition of secondary network assets while having the knowledge
of being paid top dollar for those assets.

Q: What services does LMI offer?
A. LMI’s traditional business provides straight asset procurement, one-off consignments,
and contract consignment/remarketing while its software suite offers
complimenting features for an organizations overall IT Asset Management plan.

Q. What can I find or achieve online with LMI that I could not before?
A. LMI software tools include:

  • Bravo Buyer’s Portal – a branded/co-branded portal that allows clients or their end users to tap directly into the $1 billion ‘meta-inventory’ for immediate purchases for network expansion as well as sparing, testing, or disaster recovery implementations.
  • Sierra Seller’s Portal – allows sellers to quickly and efficiently gauge the fair market value of their assets while giving them access to $1.5 billion in annual procurement power through LMI’s buying group.
  • Tango Spot Markets– LMI has developed a BID/ASK wholesale market application for the secondary network asset market allowing for dealers to quickly gauge supply/demand, achieving greater transparency by minimizing arbitrage, and overall increased liquidity.
  • Zulu Residual Value Guarantee Auction Market – allows sellers to hedge the future residual value risk of their IT assets by ‘buying’ a put option in the wholesale dealer market to sell their assets at stipulated strike price at a future date.
  • FoxTrot Asset Management Platform – allows consignment/remarketing corporate clients to track assets under LMI’s management from initial audits, receipt, warehousing, disposition, and payments received. As a web-based application, clients can have access to asset reporting tools any time of day.

Q. How have you made product pricing and valuation more transparent?
A. Through LMI’s IT Asset Management procurement/disposition utilities, endusers and the channel can tap directly into a $1 billion ‘meta-inventory’ of accessible equipment ready for overnight delivery and also $1.5 billion in annual procurement power when selling displaced IT assets. Coupled with LMI’s business philosophy of volume versus price skimming, LMI’s clients can compare the valuations they receive from our services against the open market or OEM trade in credit programs and see the results for themselves.