Environmental Waste International in Top 50 Companies Selected by TSX Venture Exchange
February 15 2011 - 6:40PM
Marketwired
Environmental Waste International Inc. (TSX VENTURE: EWS) has been
selected as one of the 50 top-performing companies on the TSX
Venture Exchange (TSXV).
The companies were selected by TSXV based on share price
appreciation, trading volume, market capitalization growth and
analyst coverage. Ten companies were chosen in each of five sectors
- Clean Technology, Mining, Oil & Gas, Diversified Industries,
and Technology & Life Sciences.
"We're proud and delighted to have been selected from the more
than 2,000 companies listed on the Exchange," said EWS President
and CEO Stephen Simms. EWS ranked 7th in the Clean Technology
sector.
EWS has developed a proprietary recycling technology that breaks
down used tires at the molecular level, reducing them to their
simplest forms - oil, carbon black, steel and hydrocarbon gases.
Reverse Polymerization™, the patented EWS technology, is the most
advanced process of its kind in the world. Since it does not melt
tires, but rather breaks apart the molecular bonds, virtually
100-percent of the tires' by-products are reclaimed.
EWS is currently building a showcase facility in Sault Ste.
Marie which is expected to begin initial testing by the end of the
first quarter. It will be the first large-scale pilot plant of the
tire application.
Simms pointed out that some 300 million used tires are generated
each year in North America, with several hundred million more
generated in the rest of the world. He says the company's goal is
to capture about 30 per cent of the global market over the next
decade.
EWS took over ownership of the prototype plant in Sault Ste.
Marie and re-acquired all sales and marketing rights for the EWS
Tire Reduction systems in Canada and the United States by acquiring
Ellsin Environmental Ltd. early in 2011.
Please visit www.ewmc.com for further information.
WARNING: The Company relies upon litigation protection for
"forward-looking" statements.
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release.
Contacts: EWS Stephen Simms CEO and President 905-686-8689
www.ewmc.com
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