Stericycle Announces 6 More Acquisitions Bringing the Total to 25

Jul 28, 1998, 01:00 ET from Stericycle, Inc.

    DEERFIELD, Ill., July 28 /PRNewswire/ -- Stericycle, Inc.
 (Nasdaq:   SRCL), the second largest provider of regulated medical waste
 management services in the U.S., announced today it has acquired the assets of
 six medical waste service companies.  Management reported the acquisitions
 were completed utilizing a combination of cash, notes, and Stericycle, Inc.
 stock.  The six acquisitions are expected to add revenues exceeding $2 million
 annually and represent continued progress in executing Stericycle's strategy
 of aggressively participating in the consolidation of the regulated medical
 waste service industry.
     With the addition of these new acquisitions Stericycle has now completed a
 total of eight acquisitions over the first seven months of 1998.
     "We believe these acquisitions will integrate nicely into our existing
 transportation and processing operations while concurrently leveraging our
 existing infrastructure," said Mark Miller, Stericycle's president and chief
 executive officer.  "From a strategic perspective these acquisitions allow us
 to continue our geographic expansion in Texas and New Jersey while
 simultaneously improving our route density in New York, New Jersey, Wisconsin
 and Arizona."
     The companies acquired were Mediwaste Disposal Services LLP in Texas,
 Regional Recycling Inc. in New Jersey, Allegro Carting and Recycling Inc. in
 New York, Controlled Medical Disposal Inc. in New Jersey, the medical waste
 business of Superior Services of  Wisconsin, Inc. and Arizona Hazardous Waste
     Stericycle is the second-largest provider of regulated medical waste
 management services in the U.S.  The Company's Electro-Thermal-Deactivation
 process destroys human pathogens without producing regulated air pollutants,
 and permits resource recovery.  Stericycle operates on a multi-regional basis,
 providing medical waste collection, transportation, treatment, disposal,
 reduction and resource recovery.
     Safe Harbor Statement
     Statements in the press release which are not strictly historical
 are "forward-looking."  Forward-looking statements involve known and unknown
 risks, which may cause the company's actual results in the future to differ
 materially from expected results.  The risks and uncertainties that may affect
 the results of the Company's business include the following: difficulties and
 delays with respect to the completion and integration of acquisitions; delays
 and diversion of attention related to compliance with permitting and
 regulatory authorities; difficulties and delays with respect to marketing and
 sales activities; general uncertainties accompanying expansion into new

SOURCE Stericycle, Inc.