Nashville, TN, October 20, 2010 --(PR.com
)-- Sims Recycling Solutions, the world’s largest electronics recycler will be leading a session on “Effects of State Legislation on Total Cost of Ownership” at the IAITAM 2010 Annual Conference and Exhibition in Nashville, TN. This session will take place on Thursday, October 21, 2010 at 4:45pm on Track 1.
Reggie Chesson, VP Commercial, will be speaking about recent and evolving state legislation regarding the disposal of end of life electronics, and how it may serve to affect the overall cost of ownership of IT assets. Most legislation requires OEMs to provide recycling solutions at no cost for consumers through annual recycling targets. Fulfilling these recycling requirements can be accomplished in multiple manners. While most legislation addresses the cost of recycling to those enterprises, there may be unintended pricing effects to environmentally focused businesses.
The International Association of Information Technology Asset Managers (IAITAM) 2010 Annual Conference and Exhibition is the IT Asset Manager (ITAM) industry’s only event dedicated solely to the advancement of IT Asset Management and establishment of global best practices with sessions covering ITAM best practices, case studies, standards, licensing, ITAD as well as an experienced level track.
Sims Recycling Solutions
Sims Recycling Solutions (www.us.simsrecycling.com) is the world’s largest electrical and electronics recovery and recycling company with 37 sites across the globe.
Sims Recycling Solutions recycles all types of electronic equipment and enables businesses to meet both their social and legal obligations in the treatment of surplus electronics. The company’s asset management and recovery service enables businesses and public sector organizations to sustain the value of IT and electronic equipment, in a legally compliant, data secure, fully traceable and environmentally sustainable manner.
In North America, Sims Recycling Solutions operates 11 sites in Arizona, California, Florida, Illinois, Nevada, Ontario, South Carolina and Tennessee.
NYSE: SMS, ASX: SGM
For Further Media Information Contact:
Reggie Chesson (813) 393-0159
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 12 November 2009.
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.