SOURCE: Sims Recycling Solutions U.S.

August 06, 2013 17:24 ET

New High-Volume Portable Shredding and Recycling Service Offered by Sims Recycling Solutions

Mobile Shredding Equipment Can Shred 1,200 Hard Drives per Day

WEST CHICAGO, IL--(Marketwired - August 06, 2013) -  Sims Recycling Solutions, the global leader in electronics reuse and recycling, today announced the enhancement of their current on-site services to include high-volume hard drive shredding. The new equipment will provide customers with the opportunity to witness the physical destruction of up to 1,200 hard drives per day at the customer's location, making it secure and convenient when recycling computers, hard drives and other electronic equipment.

"Sims realizes the importance of continuous improvement and is always looking for ways to better meet the needs of our customers," stated Sean Magann, Vice President of Sims Recycling Solutions, Americas. "Our Washington, DC site, has a growing business of working with both public and private organizations and with current trends in technology, companies are finding the need more than ever to destroy higher volumes of data. This mobile shredding equipment will provide us with the capability to process higher volumes in a shorter amount of time without sacrificing the security of information stored on hard drives."

In addition to witnessing hard drives being shredded on-site, certificates of destruction and video copies of the destruction can be made available by request. All shredded outputs are transported to a Sims Recycling Solutions facility for further processing and recycling.

This advanced service offering is currently permitted to operate in select states. Please visit http://us.simsrecycling.com/Business/Data-Destruction/Onsite-Data-Destruction to schedule an appointment.

Sims Recycling Solutions

Sims Recycling Solutions (us.simsrecycling.com) is the global leader in electronics reuse and recycling, offering customers in every business sector comprehensive recycling services out of our 53 owned and operated sites across the globe.

Sims Recycling Solutions -- owned by Sims Metal Management, a publicly traded company -- has the global reach, expertise and infrastructure necessary to guarantee our customers that their data is secure, their electronic equipment is processed in an environmentally responsible manner, their reputation is protected and their compliance risks are eliminated.

In North America, Sims Recycling Solutions operates 16 sites in Arizona, British Columbia, California, Florida, Illinois, Maryland, Nevada, New Jersey, Ontario, Quebec, Tennessee and Texas.

Cautionary Statements Regarding Forward-Looking Information

This release may contain forward-looking statements, including statements about Sims Metal Management's financial condition, results of operations, earnings outlook and prospects. Forward-looking statements are typically identified by words such as "plan," "believe," "expect," "anticipate," "intend," "outlook," "estimate," "forecast," "project" and other similar words and expressions.

These forward-looking statements involve certain risks and uncertainties. Our ability to predict results or the actual effects of our plans and strategies is subject to inherent uncertainty. Factors that may cause actual results or earnings to differ materially from these forward-looking statements include those discussed and identified in filings we make with the Australian Securities Exchange and the United States Securities and Exchange Commission ("SEC"), including the risk factors described in the Company's Annual Report on Form 20-F/A, which we filed with the SEC on 18 March 2013.

Because these forward-looking statements are subject to assumptions and uncertainties, actual results may differ materially from those expressed or implied by these forward-looking statements. You are cautioned not to place undue reliance on these statements, which speak only as of the date of this release.

All subsequent written and oral forward-looking statements concerning the matters addressed in this release and attributable to us or any person acting on our behalf are expressly qualified in their entirety by the cautionary statements contained or referred to in this release. Except to the extent required by applicable law or regulation, we undertake no obligation to update these forward-looking statements to reflect events or circumstances after the date of this release.

All references to currencies, unless otherwise stated, reflect measures in Australian dollars.

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