WasteZero Names Michael O’Donnell Chief Financial Officer

Nation's leading provider of municipal waste reduction programs adds finance management executive to corporate leadership team

Raleigh, NC - Thursday, September 12, 2012 - WasteZero President Mark Dancy and Board of Directors Chairman John Campbell announced the appointment of Michael O'Donnell as Chief Financial Officer for the company. Mr. O'Donnell has served on the boards of directors for NYSE-, London Stock Exchange-, and Tokyo Stock Exchange-traded corporations and has garnered more than 35 years of senior financial management experience across global industrial, transportation, and technology sectors.

"Adding Michael as our CFO will further strengthen our capabilities as we continue growing as the nation's leading provider of WasteZero Trash Metering™ and pay-as-you-throw conversion programs," said Mr. Dancy. "He will further refine our efforts in providing the most cost effective and efficient waste reduction programs to our 800 US municipal partners."

Throughout his career in corporate finance and management, Mr. O'Donnell has guided organizations through the complex stages of acquisition, turn-around, transformation, initial public offerings, and strategic exits. Prior to joining WasteZero, as Electromotive, Inc.'s Executive Vice President, Chief Financial Officer, Mr. O'Donnell managed the highly successful sale of that global $2 billion private-equity-sponsored company. Before that, as Executive Vice President and Chief Financial Officer of Xerium Technologies, Inc., he participated in the consolidation of legacy acquisition companies and also led the company's initial public offering.

Mr. O'Donnell holds a BS in business administration from Franklin University and an MBA from Ashland University.

About WasteZero

WasteZero, the leading provider of the most effective waste reduction programs in the US, partners with nearly 800 municipalities to reduce waste landfilled and burned, increase recycling, and generate savings and revenue. Our WasteZero Trash Metering™ programs and pay-as-you-throw conversion programs reduce solid waste 44% annually on average. WasteZero uses cutting edge technology to manufacture all of our programs' supplies, including customized plastic trash bags. Our Retail Store Distribution™ program offers trash bag warehousing, inventory management, accounting, and more. WasteZero has offices in Cambridge, MA, Raleigh, NC, Murrells Inlet, SC, and Chicago, IL. For more information, please visit www.wastezero.com.