Colt Refining Relocates E-Scrap Business to Larger Facility

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Colt has announced that it is moving it's e-scrap recycling operation to a larger, state of the art facility in Hudson, NH. In conjunction with the move the company name will be changed to Colt Recycling, the company was previously named TRI. The new facility is 60% larger and will enable us to process up to 30 million pounds of e-scrap annually.

This new operation is designed to be the largest vertically integrated E-Scrap processing facility in the Northeast and we plan to be able to process in excess of 30M lbs annually when in full production

Colt Refining, Inc. announced today that it has moved its E-Scrap recycling operation to a larger building in Hudson, NH. The new 75,000 square-foot plant, which is 60% larger than its current facility, will enable a scaling up of the company's processing capacity and will include a state-of-the-art shredding and metals separation system. In conjunction with the move, this Colt business division, formerly called TRI, will be renamed Colt Recycling. Scott Lindsey, GM of Colt Recycling said "This new operation is designed to be the largest vertically integrated E-Scrap processing facility in the Northeast and we plan to be able to process in excess of 30M lbs annually when in full production"

The new facility includes high-bay warehousing, dedicated computer testing and refurbishment areas, as well as the expanded E-Scrap shredding system. It is completely monitored and controlled by a comprehensive security system that includes card key access and a 36 camera video monitoring system. It is located at 6 Hampshire Drive in Hudson, NH and is 20 minutes from the Manchester Airport, and 45 minutes from Boston's Logan Airport.

About COLT
Colt Refining is a leading precious metals refiner and electronics recycler providing professional services to clients for over 30 years. Colt's integrated recycling solutions for precious metal bearing wastes are fully auditable and insure that all materials are processed in an environmentally correct manner. The Colt Recycling operation will continue to specialize in outright purchasing of precious metal bearing scrap materials from the Recycling, Telecom, Medical and OEM industry sectors. In addition, Colt Recycling will provide expanded services in the Information Technology Asset Disposition (ITAD) marketplace by offering secure data destruction, asset tracking and innovative recycling solutions to corporate clients.

For more information please contact:

Jim Maher                
Vice President            
Colt Refining, Inc            
603-429-9966
http://www.coltrefining.com            

Rob Layman
Business Development Manager
Colt Recycling
603-886-9119
http://www.coltrecycling.com

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Robert Layman
Colt Recycling
603-886-9119 ext. 207
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