SOURCE: Sims Recycling Solutions U.S.

Sims Recycling Solutions U.S.

September 12, 2013 12:53 ET

Sims Recycling Solutions Breaks Official Record

The Most Consumer Electronics Recycled Within 24 Hours at Multiple Venues

WEST CHICAGO, IL--(Marketwired - September 12, 2013) - Throughout the month of April, Sims Recycling Solutions, the global leader in electronics reuse and recycling held several collection events around the world in celebration of Earth Day, which was officially observed on Monday, April 22, 2013.

Sims organized international collection events in Australia, Belgium, Canada, Germany, India, South Africa, Sweden and the Netherlands.

In the U.S., Sims held collection events in eight states including Arizona, California, Hawaii, Illinois, Nevada, New Jersey, Tennessee and Texas. Seven of these locations satisfactorily met GUINNESS WORLD RECORDS® standards for tracking the amount of electronics received during these events, and together, successfully broke a GUINNESS WORLD RECORDS title for the "most consumer electronics recycled within 24 hours at multiple venues."

These seven record-setting sites included events in California, Hawaii, Illinois, Nevada, New Jersey and Ontario. Sims was able to collect about 126,344 pounds of electronic waste for recycling, breaking the previous record of 80,000 pounds which was set by Sims last Earth Day.

"In the U.S. we are tossing over 130 million cellphones in the trash every year and disposing of 17,000 tons of e-waste every day," stated Steve Skurnac, President, Sims Recycling Solutions. "Our goal this past Earth Day was to help provide convenient electronics recycling drop off locations across the nation. The fact that we were able to collect more electronic waste than last year, breaking our Guinness World Records achievement, tells me this was a success."

For more information on Sims Recycling Solutions and electronics reuse and recycling, visit us.simsrecycling.com, Facebook or Twitter.

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 42 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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