E-Waste Systems Secures DTC Eligibility for Shares
The Company Profile, Published by Mergent on December 20, 2011
LONDON and COLUMBUS, Ohio, Jan. 18, 2012 /PRNewswire/ -- E-Waste Systems, Inc. (OTC BB: EWSI) announced today that it has attained DTC eligibility for its stock and that Mergent's Editorial Board has approved E-Waste Systems for a listing in Mergent Manuals and News Reports™. EWSI's corporate profile, which includes descriptive text data as well as news and financial statements, will be accessible via Mergent's online and print products. As part of Mergent's listing services, the new description is highlighted separately on www.mergent.com with an active hyperlink back to E-Waste System's website.
The Mergent Industrial Manual and News Reports™ is a recognized securities manual in 39 states for purposes of Blue Sky Manual Exemption. First published in 1918, and formerly known as Moody's™ Manuals and News Reports, the publication was rebranded as Mergent Manuals and News Reports when Mergent, Inc. acquired Moody's™ Financial Information Services division in 1998. EWSI's listing will aid the brokerage community in making a market for the company's stock. However, it is recommended that brokers confirm with their compliance/legal department concerning "Blue Sky" laws in specific states and other regulatory laws that might affect them.
EWSI's strategy is predicated on its acquisition of targeted enterprises led by innovative management teams, which together can build upon a shared commitment to providing compliant, cost-effective and environmentally-responsible solutions for e-waste recycling and disposal. Through this platform of acquisitions, EWSI expects to extend its reach and to offer existing and future clients a suite of enhanced services; to incorporate best practices in professional management and to invest in state-of-the-art recycling technology.
"We are pleased to announce the attainment of DTC eligibility and our Mergent publication, which will be complemented by our upcoming filing for DWAC," Martin Nielson, Chairman and CEO, E-Waste Systems, Inc., states. "Our shares can now be traded through professional accounts giving access to liquidity and an expansion of the types of investors who can now consider our shares for investment. We will also be expanding our Blue Sky registrations to states not covered in the Mergent publications."
About E-Waste Systems:
From its headquarters in London, where e-waste regulations are the most stringent in the world, E-Waste Systems aims to be a leading provider of waste electric and electronic equipment processing services in key jurisdictions around the world. According to Blumberg Associates, the e-waste sector represents a $55 billion industry as environmental legislation mandates that such waste can no longer be sent to landfill. Original equipment manufacturers, retailers and consumers are now responsible for end-of-life management of all e-waste. And, growing Corporate Social Responsibility drives requirements for highly compliant and professional solution providers. Currently, the collection and recovery industry is highly fragmented, and often unprofessional; creating what EWSI believes is an attractive opportunity for a buy, build, and upgrade strategy in the sector. To learn more, visit www.ewastesystems.com.
About Mergent, Inc.
Mergent, Inc. is a leading provider of business and financial data on global publicly listed companies. Based in the U.S., the company maintains a strong global presence, with offices in New York, Charlotte, San Diego, London, Tokyo and Melbourne. Founded in 1900, Mergent operates one of the longest continuously collected databases of: descriptive and fundamental information on domestic and international companies; pricing and terms and conditions data on fixed income and equity securities; and corporate action data. In addition, Mergent's Indxis subsidiary develops and licenses equity and fixed income investment products based on its proprietary investment methodologies.
The statements in the press release that relate to the Company's expectations with regard to the future impact on the Company's results from acquisitions or actions in development are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The statements in this document may also contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Forward-looking statements are subject to risks, uncertainties, and other factors that could cause actual results to differ materially from those contained in such statements. Such risks, uncertainties, and factors include, but are not limited to, future capital needs, changes, and delays in product development plans and schedules, or market acceptance.
Martin Nielson, CEO
E-Waste Systems, Inc.
+1 650 283 2907
SOURCE E-Waste Systems, Inc.
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