SOURCE: E-Waste Systems, Inc.

April 30, 2014 10:35 ET

E-Waste Systems, Inc. & Ohio Valley Goodwill Celebrate Inaugural Earth Day Electronics Recycling Event

April Recycling Drives Deliver Over 80,000 Pounds of Discarded Electronics for EWS Cincinnati

CINCINNATI, OH and IRVINE, CA and LONDON, UNITED KINGDOM--(Marketwired - Apr 30, 2014) - E-Waste Systems, Inc. (OTCQB: EWSI) ("EWSI," "EWS," "eWaste Systems," or the "Company"), an electronic waste management, environmentally focused services and technology company, participated in Goodwill's first-ever Earth Day electronics recycling event.

EWS personnel from the newly opened Cincinnati facility joined a group of enthusiastic Goodwill employees at Ohio Valley Goodwill's headquarters location in the village of Woodlawn, and together they collected over 20,000 pounds of old electronics. Residents were pleased to have the outlet for their obsolete items, and were surprised that the opportunity existed to donate items rather than having to pay fees.

"With the opening of our new facility and so many burgeoning local relationships, we are creating a strong presence in the greater Cincinnati area," commented Julie Peterson, President of eWaste Systems. "This event with Ohio Valley Goodwill marks yet another important milestone in our goals of achieving total sustainability because it is raising awareness on an issue that is long overdue, and it's through a partnership with an institution built on the very foundation of responsible re-use and recycling."

Goodwill is more often associated with clothing and furniture, but Ohio Valley Goodwill announced earlier in the year that they have been accepting electronics at each of their locations for the last two years and point to the fact that working with Goodwill means engaging in responsible recycling practices that have been driven by over a hundred years of re-use and recycling programs(1)(2).

For eWaste systems, electronics recycling drives are excellent channels for obtaining stock to feed operations. Significant operational strides have been taken over the course of the last 18 months in this particular aspect of the business both domestically and abroad. Just one week prior, EWS teamed up with Ohio's AGC Automotive for their annual e-waste recycling event(3), representing their largest and most successful event to date. Combined with the Goodwill Earth Day event, eWaste Systems Cincinnati was able to collect over 80,000 pounds of feedstock and expects the trend to continue.

"The demands for proper recycling outlets, particularly for specialty items, are greater than ever," added Ms. Peterson. "Many states banned the landfilling of electronics, and many others are introducing new bills to do so(4), and while this legislation creates the framework for meaningful progress, there is still confusion on how to properly dispose of unwanted items. We are working to change all of that by building a network that will eventually integrate e-waste recycling as a fixture in our daily lives, in the way we have seen bottle and can recycling progress in past decades."

More information about the Goodwill Earth Day recycling event, including pictures and quotes from the staff, can be found on the official Ohio Valley Goodwill website: http://www.cincinnatigoodwill.org/first-ever-goodwill-earth-day-electronics-recycling-celebration-event-huge-success/.

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. EWS leverages its expansive geographical network of affiliates providing best practices in professional management and state-of-the-art engineering to companies facing regulatory or other mandates for handling e-waste. Additional information, including the business plan summary, pictures and descriptions of the facilities, staff, and overall progress of the Company is available on the official website and social media sites: www.ewastesystems.com, Facebook, Twitter, and Linkedin. Or contact: Investor Relations at: ir@ewastesystems.com.

About Ohio Valley Goodwill
As a member of Goodwill Industries International, Ohio Valley Goodwill Industries is a part of the world's largest and most successful network dedicated to providing employment and training services for people with disabilities and other barriers to employment. Ohio Valley Goodwill Industries was founded in 1916; today it is one of the largest providers of rehabilitation services in the State of Ohio. In 2012 the organization served 2,981 individuals, and placed 824 people in community employment. Goodwill served 712 Veterans in 2012, and recycled more than 42,448,903 lbs of donated material as well as cardboard, steel and office paper. These numbers add up to $7,860,996 in government assistance saved, and created a total economic impact of $68,184,071.

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.

(1) Ohio Valley Goodwill Celebrates Grand Opening of New Recycling Vendor HQ in Springdale! Retrieved from http://www.cincinnatigoodwill.org/ohio-valley-goodwill-celebrates-grand-opening-new-recycling-vendor-hq-springdale/
(2) First-Ever "Goodwill Earth Day Electronics Recycling Celebration" Event a Huge Success! Retrieved from: http://www.cincinnatigoodwill.org/first-ever-goodwill-earth-day-electronics-recycling-celebration-event-huge-success/
(3) E-Scrap Event Returns in Late April. Retrieved from: http://www.thenewsenterprise.com/content/e-scrap-event-returns-late-april
(4) Sustainable Electronics Initiative Fact Sheet. Retrieved from http://www.sustainelectronics.illinois.edu/Publications/TN10-005.pdf

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