Sims Recycling Solutions Becomes a Member of the Transported Asset Protection Assoctiation (TAPA)

Top Quote With Security concerns on the rise and an estimated $30 billion in losses each year in cargo thefts (according to the Federal Bureau of Investigation) it is time for companies to search for ways to increase their security standards. End Quote
  • Sacramento, CA (1888PressRelease) July 20, 2011 - Sims Recycling Solutions, the world's largest electronics recycler has become a member of the Transported Asset Protection Association (TAPA). TAPA is an international Association that implements security standards for logistics pipelines in an effort to fight against cargo crime. Members of TAPA work together and share information to prevent thefts, develop supply chain security standards, and work with government agencies.

    "This Association is a great resource in helping Sims stay on top of cargo crime", stated Steve Skurnac, President, Sims Recycling Solutions, Americas. "Computers and electronics are desired items which make this a rising concern for electronics recyclers. We hope to raise awareness of this issue to other recyclers in the industry as well."

    According to the Federal Bureau of Investigation, industry experts estimate all cargo thefts ring up as much as $30 billion in losses each year.

    Sims Recycling Solutions is a proud member of several organizations and associations. To view a list of the industry affiliations please visit

    Sims Recycling Solutions

    Sims Recycling Solutions ( is the world's largest electrical and electronics recovery and recycling company with 42 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 13 sites in Arizona, California, Florida, Illinois, Nevada, New Jersey, Ontario, South Carolina and Tennessee.

    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.

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