EWSI recently announced its entry into the consumer collection market, which is growing rapidly. Analysts expect the Global Collection Services market in the E-waste industry to grow at a CAGR of 14.33 percent over the period 2012-2016.1 One of the key factors contributing to this market growth is the increasing number of initiatives taken for e-waste collection. The Global Collection Services market in the E-waste industry has also been witnessing an increase in the number of government policies with respect to e-waste management, which leads to an unwanted accumulation of electronics and a challenge to be met by the industry.(1)
"The next few years will be a time of phenomenal growth in our industry and EWSI's unique positioning as a public global platform with proprietary technology, brands and assets makes us well equipped to take advantage of this market opportunity," added Mr. Nielson.
As part of the company's updated business and finance plan and its intention to have strong, regular, and transparent communication with investors, the Company committed to hold frequent updates via public interviews. The Company expects to tape and release the next interview within ten days. Further information will be provided about the Company's developments at that time. Management encourages interested shareholders to contact us with questions of interest for these interviews.
2013 Business Plan and all SEC filings are available on the Company's website (www.ewastesystems.com).
For more information as it happens, follow @EWasteSystemsIn on Twitter and Facebook and on the company's blog at www.ewastesystems.blogspot.com
Or contact: Investor Relations at: firstname.lastname@example.org
(1) "Global Collection Services Market in the E-Waste Industry 2012-2016", Technavio http://www.technavio.com/report/global-collection-services-market-e-waste-industry-2012-2016
The e-waste and reverse logistics market has become a $100B+ annual business (Source: Blumberg Advisory Group, Inc.), 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 sets 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 first 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, applying best practices in professional management, offering state-of-the-art engineering, and providing a truly 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.
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