LONDON -- (Marketwired) -- 07/11/13 -- E-Waste Systems, Inc. (OTCQB: EWSI) ('EWSI' or the "Company"), an electronic waste management services, technology and reverse logistics company and the first public pure eWaste company, announced that its CEO, Mr. Martin Nielson has spoken publicly with the press, taped an interview and participated in market research studies all of which should be shared with the investing public.
On Tuesday, July 2, Mr. Nielson was interviewed by Juan Costello of "Wall Street Analyst." The entire interview may be found on EWSI's website. In the interview Mr. Nielson provided a number of important messages that all shareholders should be given access to, a number of which are summarized in this release. Included are the following:
•To date in 2013, EWSI has established its brand in the USA, UK, Australia, China, India, and Mexico, and before the end of the year the Company expects to be in a dozen or more countries via branding & licensing agreements. •The recent acquisition of Surf Investments, now to be trading as E-Waste Systems (CA) is in need of new space and with EWSI's current sponsorship by the Los Angeles Cleantech Incubator ('LACI'), among the options being considered is a merging of operations into facilities which are part of LACI. •EWSI's recently announced Mexico (SCOEX) logistics technology deal is expected to generate $1.7M in revenues in its first year. •When asked about trends in sector, Mr. Nielson pointed out that the industry needs leadership; that the industry knows no international borders; and that EWSI is offering to bring e-waste solutions globally. The eWaste brand is now in the USA, UK, Australia, China, India, and Mexico. •EWSI maintains a zero landfill policy and operates voluntarily under the world's strictest e-waste standards, which it believes to be the European Union's WEEE Directive. EWSI will only partner with companies that share their same high standards. •Revenues are expected to continue to accelerate throughout 2013 and EWSI's first $1 million quarter could be achieved shortly. •Before the end of the year EWSI expects to be in a dozen or more countries via branding/licensing agreements. •At least one more acquisition is expected to be completed before the end of the year. EWSI announced 2TRG as the next acquisition focus with a potential $5 million in added annual revenues and over 75 Million pounds of capacity. •Up to five more eManagement Contracts will be signed before the end of the year. •New technology offerings are expected to gain serious commercial traction. eWasteCC (Carbon Credit), ePlant1000, and the just announced eWasteTRACK will lead the way. EWSI also indicated there may be more technologies to be added. Nielson added the quote, "The SCOEX team of technically savvy professionals has created an integrated global platform from source to destination that we can use to weed out improper transport and import/export trading, ensure compliance, while streamlining the entire trading process. The commercial synergies possible with the Mexico-California presence of our two companies are expected to be used as solid building blocks for our growth."
EWSI also recently appointed Mr. Paul Graham to be responsible for our social media and he has created for the company a blog site, which we want to draw attention to. That site is listed below.
During the month of June, Nielson was interviewed by Mr. Lloyd Vassel of "Merger Markets," a unit of "The Financial Times" and news story was published online on www.mergermarkets.com. This article discussed EWSI's recent acquisition of Surf Investments in California and some of the Company's growth initiatives.
This week, Mr. Nielson was interviewed by Sarah Guilder of BIO Intelligence Service which is carrying out on behalf of the European Commission, DG Environment a report entitled "Equivalent conditions for waste electrical and electronic equipment (WEEE) recycling operations taking place outside the European Union." An extract of that report will be circulated to shareholders when it is finished.
Also this week, Mr. Nielson was interviewed by Monika Chrusciak, Research Analyst, at the global research firm Frost & Sullivan. They are writing a report about the European WEEE Recycling Market and reached out to EWSI as one of the market players to understand a broader view of WEEE recycling market as well as to know opinions about market trends. EWSI will receive a summary of the research report when it is completed and a copy will be provided to shareholders.
For more information as it happens, follow @EWasteSystemsIn on Twitter and Facebook at https://www.facebook.com/ewastesystems and on the company's blog at www.ewastesystems.blogspot.com
Or contact: Investor Relations at: email@example.com
1. Blumberg Associates.
2. United Nations (eWaste tonnage, International Labor Office)
3. Global eWaste Market 2011-2016, Market to Market
The e-waste and reverse logistics market has become a $100B+ annual business (Source: Blumberg Associates(1)), excluding much of the resale of still usable goods that flood the marketplace as new updates in software and hardware are released. Furthermore, as environmental legislation and policies set more stringent requirements for the disposal of these items, many analysts and practitioners expect e-waste to grow faster than any other waste stream over the next 5 years. The benefits of e-waste management and recycling are many, including conservation of natural resources, creation of new jobs, prevention of environmental contamination by toxic chemicals, and reduction of energy requirements.
About E-Waste Systems, Inc.
E-Waste Systems, Inc. is the sole pure play public company in the emerging waste electrical and electronics equipment ("WEEE") industry. EWSI targets companies facing regulatory or other mandates for handling e-waste. EWSI operates and assists its large geographical network of affiliates, apply best practices in professional management, offer state-of-the-art engineering, providing a true global e-waste solution. Additional information, including the business plan summary, is available on the Company's website, www.ewastesystems.com.
Safe Harbor Statement: Certain statements and information included in this release may constitute "forward-looking statements" as defined in the Federal Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the company to be materially different from any future results, performance or achievements expressed or implied in such statements. Additional discussion of factors that could cause actual results to differ materially from management's projections, estimates and expectations is contained in the Company's SEC filings. The Company assumes no obligation to update any forward-looking statements as a result of new information, future events or developments, except as required by federal securities laws.
E-Waste Systems, Inc.
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