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TMCNet:  Sims Recycling Solutions Joins The Green Grid

[March 11, 2014]

Sims Recycling Solutions Joins The Green Grid

(Marketwire Via Acquire Media NewsEdge) WEST CHICAGO, IL -- (Marketwired) -- 03/11/14 -- Sims Recycling Solutions, the global leader in electronics reuse and recycling, announced today that they have joined The Green Grid as a General Member. This membership will allow Sims the opportunity to provide The Green Grid with global expertise regarding the responsible and efficient disposal of all types of electronics.


The Green Grid is a global consortium of companies, government agencies, educational institutions and individuals dedicated to advancing resource efficiency in information technology and data centers. It is the responsibility of members to unite to create a common set of metrics, and develop technical resources and educational tools to further the goals of The Green Grid.

"As 5.75 million new servers continue to be installed each year, education, standards and measurement tools are in need of development more than ever to ensure that the most efficient maintenance and disposal of these servers is being performed," stated Sean Magann, vice president of Sims Recycling Solutions, Americas. "Sims is looking forward to contributing to these tools and resources to help shape the future for the efficient disposal of IT equipment in its facilities." The Green Grid seeks to provide industry-wide recommendations on best practices, metrics and technologies that will improve overall data center and information technology resource efficiencies. By joining The Green Grid, Sims Recycling Solutions is helping influence both developers and end users of data center technology.

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, 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 InformationThis 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.

Media Contact:Stephanie Oden(916) 746-7326stephanie.oden@simsmm.com  Source: Sims Recycling Solutions U.S.

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