SOURCE: Sims Recycling Solutions U.S.

Sims Recycling Solutions U.S.

May 14, 2014 09:00 ET

Sims Recycling Solutions Receives Hire Power Award From Howard County Board to Promote Self-Sufficiency

Hire Power Award Acknowledges Local Companies for Helping Develop the Baltimore Workforce

ELKRIDGE, MD--(Marketwired - May 14, 2014) - Sims Recycling Solutions, the global leader in electronics reuse and recycling, has been awarded the Hire Power Award by the Howard County Board to Promote Self-Sufficiency (BPSS). This award was granted for the effort and support Sims has made to encourage programs and hiring practices that help develop the workforce. A formal award presentation was held on April 28 from 9-10 a.m. at Allen & Shariff located at 7061 Deepage Drive, Columbia, Maryland 21045.

Sims Recycling Solutions supports the Howard County BPSS initiatives and stands out as a local leader through the community, social and employee development programs implemented at this site.

"It's important to Sims to provide our employees with tools and confidence that will help build their skill sets and advance their careers," stated Steve Skurnac, president of Sims Recycling Solutions. "Programs in place at our Baltimore recycling site are exceptional because they not only involve educational, leadership, and safety training, but also provide opportunities for individuals with intellectual disabilities."

The Board to Promote Self-Sufficiency works to promote the economic stability of individuals and families to help reduce poverty in Howard County. Local businesses and organizations play a critical role in providing residents with outlets to achieve financial stability. Howard County takes much pride in providing these options and appreciates businesses that support the program.

Sims Recycling Solutions

Sims Recycling Solutions (www.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 Limited, 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 14 sites in Arizona, British Columbia, California, Florida, Illinois, Maryland, 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, which we filed with the SEC on 16 October 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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