Business Partnership Creates Coast-to-Coast Electronics Recycling Plan

Northeast TV and computer recycling leader ElectroniCycle Inc. signs long-term contract with Waste Management Inc.'s Recycle America Alliance. Waste Management Inc. will collect TVs or junk computers anywhere and deliver to ElectroniCycle for proper USA recycling.

GARDNER, MASSACHUSETTS -January 23, 2003- ElectroniCycle, Inc. has signed a contract to provide electronics recycling services for Recycle America Alliance, L.L.C., a subsidiary of Waste Management, Inc. The two companies will collect and recycle TVs and computers across a ten state region.

Under the new contract, Waste Managements Recycle America Alliance and ElectroniCycle will jointly offer eCyclingsm services in Delaware, New Jersey, New York, Pennsylvania, Connecticut, Rhode Island, Massachusetts, New Hampshire, Maine, Maryland and Vermont. The partnership strengthens Recycle America Alliances unique position as a coast-to-coast electronics recycling service, while expanding ElectroniCycles market to five more states.

Obsolete televisions, VCRs and computer equipment are the fastest growing component of municipal solid waste. CRTs have been banned from disposal in Massachusetts and California, and illegal dumping is a growing concern for environmental officials.

"This is an important step towards a national infrastructure for electronics recycling," stated Kevin McCarthy, Director of Electronics Recycling for Recycle America Alliance. "We are excited join with such an environmentally responsible and cost effective company."

"This partnership will lead to more efficient electronics recycling options in the northeast," says Dick Peloquin, president of ElectroniCycle, Inc. "Recycle America Alliance shares our standards of environmental stewardship, and will bring those services to more people."

Visit www.electronicycle.com for more information about our company.

Who we are:

ElectroniCycle Inc. is an official CRT recycling contractor for Massachusetts, which established the first CRT waste ban in April 2000. ElectroniCycle has since grown to manage electronics for dozens of other state and local governments, with ongoing TV and computer recycling programs in Maine, Vermont, New Hampshire, Connecticut, Rhode Island and New York. Founded upon 30 years of experience in repair, ElectroniCycle achieves lower recycling costs through testing and recovery of parts.

Recycle America Alliance, L.L.C., is a majority owned and consolidated subsidiary of Waste Management, Inc. Recycle America Alliances eCyclingsm service is a nationally leading provider of electronics-recycling with programs underway in over twenty states. Waste Management, Inc. has over 60 sites nationwide that are currently handling electronics for recycling. Recycle America Alliance operates four electronics processing facilities in Phoenix, Arizona; Houston, Texas; Minneapolis, Minnesota; and Kernersville, North Carolina and a nonferrous scrap metal facility in Long Branch, New Jersey.