RealTime Shredding Introduces Self-Service Shredding Kiosk


Kiosk helps consumers, small businesses fight identity theft safely, conveniently, inexpensively

Sept. 15, 2005 – Consumers and small businesses looking to guard against identity theft now can do so easily, conveniently, and inexpensively with the introduction of the nation's first self-service shredding kiosk designed specifically for consumers.

The first kiosk, up and running in Colorado Springs at the Chapel Hills Mall, allows individuals to shred any material at a cost of $1 per two-minute session. With RealTime Shredding's industrial shredder, that equates to up to four pounds, or 400 sheets of paper, says Amanda Verrie, the company's president.

Identity theft is now the fastest-growing crime in the country, according to the National Crime Prevention Council. More than 9.9 million Americans were the victims of identity theft in 2004, losing a collective $5 billion, and a study by the Better Business Bureau and Javelin Research indicates that nearly 88 percent of known-cause identity theft incidents occur “offline” – not via the Internet.

RealTime Shredding provides a simple, effective tool to provide the peace of mind that comes with knowing that documents they no longer need are being completely destroyed, says Verrie. Ability to see the material being shredded in real time eliminates worries about  information being lost or stolen.

The RealTime Shredding system will shred paper, cardboard, credit cards, paper clips, staples, and even CDs, DVDs, and floppy disks. The shredder provides Security Level 3 crosscut shredding, the highest level of security available outside of classified/government use. To assure safety, material enters the system several inches above the cutting blades, and then passes through two control points before being shredded. The shredder features easy, user-friendly controls.

Previously, explains Verrie, this type of powerful shredding was available only to large corporate users. With the critical need for tools to combat identity theft, RealTime Shredding offers an answer. Now, “for less than the price of a cup of coffee, consumers and small businesses have a true identity theft tool at hand.”

RealTime Shredding will install additional kiosks this fall at retail locations throughout Colorado, and then continue expansion nationwide. The company's business model includes licensing, dealership, and purchase arrangements.

RealTime Shredding, Inc., develops, manufactures, and markets systems to help prevent identity theft. The RealTime Shredding self-service kiosk provides a fast, convenient, safe, and inexpensive way for consumers and small businesses to shred documents and other materials that must be destroyed. The woman-owned and-operated company is based in Monument, Colo.

Contacts:   

Amanda Verrie
RealTime Shredding, Inc.
720.530.3444
amanda@realtimeshredding.com

Aimee Bennett, APR
Fagan Business Communications
303.843.9840
aimee@faganbusinesscommunications.com