REGIONAL ELECTRONICS RECYCLER NEWEST TENANT AT PORT OF VANCOUVER USA (3/14/07)

For Immediate Release

VANCOUVER, Wash.  -- IMS Electronics Recycling, Inc. is the newest tenant at the Port of Vancouver, USA, under a lease agreement approved by the Port Commission at its regular meeting Tuesday, March 13th.

IMS will lease approximately 50,400 square feet of warehouse space, at the east end of the Port between Mill Plain Blvd. and St. Francis Lane, where it will operate an electronics collection, recycling and processing facility. This will be the company’s first expansion outside California where it has operated for the past 10 years.

Operations at the Vancouver facility will include testing and refurbishing usable materials, separating metals from plastic, removing leaded glass from CRT devices and batteries and toner cartridges. Materials will be shear shredded and an automated process will separate plastic from metals in shredder materials.

Materials accepted at the facility will include: computers and laptops, monitors, televisions, printers, fax machines, copiers, network equipment, stereos, speakers, LCD and Plasma displays, and cables. Other appliances, lamps, chemicals and hazardous waste will not be accepted.

IMS works with non-profits, municipalities and other businesses to provide solutions for end-of-life electronics providing refurbishing and data shredding services as well as recycling, said Ed Siegel of IMS. “We are very diligent about tracking all of the materials we process downstream to ensure everything is recycled and nothing ends up in a landfill.”

IMS expects to have its Vancouver operation up to speed by 2008 processing over 1 million pounds of materials each month and employing 30 to 50 people, Siegel said. An IMS facility of the same size in California employs 40 workers.

The company chose to locate in Vancouver, in part, because of electronic product recycling legislation approved by the state legislature in 2006. IMS expects to draw recyclable materials from Seattle and Spokane as well as the Vancouver-Portland area to this regional facility.

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The Port of Vancouver, USA, created by Clark County taxpayers in 1912, is one of the major ports on the Pacific Coast. Its competitive strengths include available land, versatile cargo handling capabilities, vast transportation networks, a dependable labor force and an exceptional level of service to its customers and community.

- POV -