E-Waste Systems, Inc. Adds Industry Veteran Steve Manning to its Advisory Board

ANN ARBOR, Mich. and LONDON, June 21, 2012 /PRNewswire/ -- E-Waste Systems, Inc. (OTC BB: EWSI), an electronic waste recycling and reverse logistics services firm, is pleased to announced today that Mr. Steve Manning has joined its Advisory Board.

Mr. Manning is currently Chairman, President and CEO of ReCellular, Inc., recognized as the world's largest recycler of cell phones in the world with over 4 million handsets processed annually.  Manning brings over 30 years of experience to E-Waste Systems and is a respected industry thought leader and an expert in e-waste management.  Prior to ReCellular, Manning served as Senior Vice President of Strategy, Marketing and Business Development at Solectron Global Services, a 10 billion dollar electronics manufacturing and supply chain management firm, where he built and led a team with a strong focus on reverse logistics and service management.  Prior to Solectron, Mr. Manning was founder and served as CEO of Sequel, Inc., a third-party reverse logistics provider to the computing, networking and storage industry which was subsequently acquired by Solectron in July 1999.  Previous to Sequel, Manning provided executive expertise and leadership to several multi-national corporations such as AT&T, Memorex/Burroughs and Rockwell International among others.  Mr. Manning holds Bachelor's Degrees in Economics and Finance from the University of Nebraska, and is a certified public accountant.

"Steve brings a tremendous amount of industry knowledge to our Advisory Board," said Martin Nielson, CEO of E-Waste Systems.  "As we continue to identify and convert the significant opportunities we have in front of us, Steve's experience will be of great value to our Company," added Nielson. 

"I am honored to be asked to serve on E-Waste System's Advisory Board," said Manning.  "I look forward to working closely with the team on strategic initiatives, business development and guidance on the growing e-waste infrastructure.  It's an exciting company with a critical mission."

EWSI's Advisory Board has been established and will continue to expand to include CEO's from a variety of end-of-life electronics service providers which operate in multiple countries, plus executives with significant experience in recycling engineering, reverse logistics market research and consulting.  The Advisory Board will play a vital role in guiding the Company's future expansion and execution of its business plan.  Members of the E-Waste Systems board of advisors will be bound by its policies including the Code of Business Conduct and Ethics; Insider Trading; Confidentiality and Non-Competition.

About E-Waste Systems, Inc.

Headquartered in London, where e-waste regulations are the most stringent in the world, E-Waste Systems, Inc. has been established to create a market- leading, integrated business in the emerging waste electrical and electronics equipment ("WEEE") industry, targeting businesses facing regulatory or other mandates for handling ewaste.  E-Waste Systems, Inc. plans to do so by acquiring a select number of high-quality companies with strong management teams that have a shared commitment to helping customers achieve cost effective and environmentally responsible compliance with e-waste recycling and disposal requirements.  E-Waste Systems, Inc. will leverage and extend its acquisitions' established customer relationships by expanding the services offered to customers, applying best practices in professional management, and by investing in state-of-the-art recycling technology – creating a truly global service provider in the e-waste sector. Additional information is available on the Company's website, www.ewastesystems.com.

For more information:

E-Waste Systems, Inc.
Investor Relations
Tel: +44 7588 476 129
Email: [email protected]

Safe Harbor Statement: Certain statements and information included in this release may constitute "forward-looking statements" as defined in the Federal Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the company to be materially different from any future results, performance or achievements expressed or implied in such statements. Additional discussion of factors that could cause actual results to differ materially from management's projections, estimates and expectations is contained in the Company's SEC filings. The Company assumes no obligation to update any forward-looking statements as a result of new information, future events or developments, except as required by federal securities laws.

SOURCE E-Waste Systems, Inc.