SOURCE: E-Waste Systems, Inc.

March 04, 2014 11:15 ET

eWaste Systems Announces Corporate Expansion

Appoints and Enhances Executive Team, Adds Shareholder Relations Function

LONDON, UNITED KINGDOM and CINCINNATI, OH and IRVINE, CA--(Marketwired - Mar 4, 2014) - E-Waste Systems, Inc (OTCQB: EWSI) ('EWSI,' 'the Company,' or eWaste Systems) an electronic waste management services, technology and reverse logistics company and the first public pure play eWaste company announced today the official appointment and promotion of new executives and the simultaneous organizational enhancement of EWSI's business units, aimed at supporting our 2014 expansion and beyond. Julie Peterson, has been appointed President, eWaste division; Dan Feeney has been appointed Sr. Vice President, eManagement division, and Robert Shaw has been appointed Director of Shareholder Relations.

"With Julie and Dan, we strengthen our executive foundation to manage the double digit growth and evolution we are experiencing. They are great additions to our EWSI executive team," said Martin Nielson, Founder & CEO of eWaste Systems. The three new divisions are eWaste, eManagement, and eIncubator. The company's official website, LinkedIn profile and social media sites have all been updated to reflect these appointments and divisional units. "Julie and Dan have proven their abilities to develop and execute key strategies that positively impact our organization financially and operationally. These executive appointments and organizational enhancements reflect my confidence in them, and fortify our plans for tomorrow," added Mr. Nielson.

Julie Peterson joined eWaste Systems through the acquisition of her California company, Surf Investments Ltd (dba CPU Repair), in June 2013. Since her arrival, the Irvine location has expanded and successfully rebranded as part of the eWaste Systems family of companies. Julie also oversaw the acquisition and integration of the assets we acquired in Ohio & New York, and she was completely responsible for creating the east coast showcase in the new Ohio center whose officially announced grand opening is scheduled for March 20th in Cincinnati.

The eWaste division is to manage and grow the our end-of-life businesses, with immediate focus on our US and international operations, ensuring that all processes are properly set up, fully compliant, and completely maintained. "Joining the EWSI team has been an incredible experience," said Julie Peterson, head of EWSI's eWaste business unit. "We have made tremendous progress here in the US, both operationally and financially, and we now boast some of the best credentials and most advanced technologies and processes in the electronics recycling industry. I am proud to be part of such an important organization in this young and rapidly growing industry. We need to address our e-waste problems in a manner that is all-encompassing and EWSI's commitment is to doing that to the highest standards."

Dan Feeney joined eWaste Systems in 2013, and has played an integral role in the company's expansion. Dan is a veteran of the technology industry and has headed manufacturing and service operations in Asia and the US over a 30 year career, including overseeing the largest volume manufacturing of Compaq computers. He is holds a Green Belt Six Sigma certification. "Dan was instrumental in the growth we experienced last year, and the successes we are building on today will tap his uncanny vision and understanding of how to incorporate varying components into a big-picture business model," added Mr. Nielson.

As head of our eManagement division, Dan Feeney will focus on overseeing global expansion and compliance initiatives in the operation of our leased business units. Mr. Feeney stated, "I am excited to see our efforts manifest into a global powerhouse. eWaste Systems is more than a recycling company; we conglomerate the best, most diverse talents and technologies in business and environmental management for a cleaner, safer tomorrow. We are creating something much bigger than ourselves, and as the world wakes up to the growing problems associated with the environment, EWSI and its partners will be right there, picking up these waste streams, turning them into gold, paying fair wages, and leaving behind clean, usable products and materials."

In addition to these organizational enhancements and appointments, EWSI has created the office of Shareholder Relations, which will be headed by Mr. Robert Shaw, who is now Director of Shareholder Relations. This office and Mr. Shaw will further develop EWSI's relations with the company's growing shareholder and investor base. Robert comes with a wealth of experience working with over a dozen public companies with investor communications. He has personally raised over $60,000,000 in investment funding since 2005.

"I am looking forward to spending quality time with the shareholders and people who have supported this company, and helping contribute to the greater good as we continue expanding our global presence. We have a great plan and it will be my job to see that one of our greatest assets -- our shareholders -- to keep them informed," said Robert Shaw.

"eWaste Systems is building a world-class organization with a phenomenal reputation, and there are tremendous opportunities available for retail and institutional investors and business partners alike," added Mr. Shaw, who holds multiple securities licenses and has been involved in numerous awareness and capital-raising programs in his career. "Robert has an incredible track record, and the experience he brings to our group has already made him an important contributor to the success of our mission," added Mr. Nielson.

"I am excited to start this new challenge with eWaste Systems, and I look forward to working with the team to further develop their outreach strategy. I am fortunate to be joining such a respected company that is 100% dedicated to a better tomorrow. The EWSI story is developing into something quite intriguing, and it is time for the rest of the world to see what E-Waste Systems is all about. Investors and shareholders are welcome to reach me by emailing RShaw@ewastesystems.com or by calling our Shareholder Relation's toll free number, 1-800-994-0691," added Mr. Shaw.

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, 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 (@ewastesystemsin), and LinkedIn. Or contact: Investor Relations at: ir@ewastesystems.com

EWSI brings technology, including its proprietary ePlant1000(TM), eWasteCC(TM) carbon credit and eWasteTRACK(TM) solutions, certifications from R2 and eStewards, regulatory and industry knowledge and experience, and management services to its subsidiaries, affiliates, brand licensees, and teaming partners around the world as part of its strategy to extend the presence and global influence of the Company's branded services and technologies.

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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