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E-Waste Systems, Inc. Appoints International Audit Firm, RBSM LLP

LONDON, UNITED KINGDOM -- (Marketwired) -- 03/07/14 -- E-Waste Systems, Inc. (OTCQB: EWSI) ('EWSI,' "eWaste Systems," or the "Company"), an electronic waste management, reverse logistics, environmentally focused services and technology company and the first pure public e-waste operator, announced today the appointment of RBSM LLP as the Company's audit firm.

"RBSM has proven capabilities to support our growth in all its aspects and geographies," said Martin Nielson, Founder and CEO of E-Waste Systems, Inc. "What we are trying to accomplish requires the absolute highest standards of quality and expertise, and we believe that RBSM will help us navigate through the highly complicated landscape associated with audits, mergers and acquisitions, and global consolidation reporting. They have a large portfolio of SEC registrants, and with that, the skills and expertise necessary to help us achieve our goals, including listing on an exchange like NASDAQ or NYSE by 2015."

RBSM LLP is a certified public accounting firm with operating offices in major cities in the United States, Europe & Asia. The company provides professional accounting, auditing and tax services to over 65 SEC registrants of publicly held businesses as well as privately held companies. Because of RBSM LLP strong commitment to quality and service, they regularly undergo peer review examinations to ensure that internal accounting and auditing procedures meet the highest quality standards of the profession set forth by The Public Company Accounting Oversight Board (PCOAB) and the American Institute of Certified Public Accountants (AICPA).(1)

"Our operations in the US and Asia are central themes in our expansion efforts," added Mr. Nielson. "RBSM is deeply entrenched in our most valuable markets, and we believe they complement our current and future needs quite well. We are very focused on our objectives of becoming a world-class organization and a household name in the world of sustainability and green technology, and this move reflects that."

The United States and China were responsible for nearly half the world's total in market volume of e-waste in 2012 and the trend continues. The timing of introducing a commercially viable, global solution is critical as e-waste production around the world is expected to rise 33% to approximately 72 million tons per year by 2017.(2)

For additional inquiries, contact Shareholder Relations at [email protected] or 800.994.0691.

About E-Waste Systems, Inc.
E-Waste Systems, Inc. is the first pure play public company in the emerging waste electrical and
electronics equipment ("WEEE") industry. EWSI targets companies facing regulatory or other mandates for handling e-waste. EWSI operates and assists its large geographical network of affiliates, applying best practices in professional management, offering state-of-the-art engineering, and providing a truly global e-waste solution. EWSI's operational US facilities are located in New York, California, and Ohio (official Grand Opening on March 20th, 2014). Additional information, including information on the Grand Opening, the business plan summary, pictures and descriptions of the facilities, staff, and overall progress of the Company is available on the official website and social media sites: www.ewastesystems.com, Facebook, Twitter (@ewastesystemsin), and Linkedin. Or contact: Shareholder Relations at: [email protected] and 800.994.0691.

EWSI brings technology, including its proprietary ePlant1000™, eWasteCC™ carbon credit and eWasteTRACK™ solutions, certifications from R2 and eStewards, regulatory and industry knowledge and experience, and management services to its subsidiaries, affiliates, brand licensees, and teaming partners around the world as part of its strategy to extend the presence and global influence of the Company's branded services and technologies.

About RBSM, LLP
As accountants and financial consultants, RBSM provides a unique blend of technical expertise while providing practical business advice or assurance services. RBSM's clients benefit from our senior leadership's combined experience of Assurance, Tax and Financial Advisory knowledge. They also enjoy our team's personal, attentive client service. Additional information is available on their website: www.rbsmllp.com.

About PCAOB
"The PCAOB is a nonprofit corporation established by Congress to oversee the audits of public companies in order to protect investors and the public interest by promoting informative, accurate, and independent audit reports. The PCAOB also oversees the audits of broker(s) and dealers, including compliance reports filed pursuant to federal securities laws, to promote investor protection."(3) Additional information is available on their website: www.pcaobus.org.

Safe Harbor Statement: Certain statements and information included in this release may constitute "forward-looking statements" as defined in the Federal Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the company to be materially different from any future results, performance or achievements expressed or implied in such statements. Additional discussion of factors that could cause actual results to differ materially from management's projections, estimates and expectations is contained in the Company's SEC filings. The Company assumes no obligation to update any forward-looking statements as a result of new information, future events or developments, except as required by federal securities laws.

References:

1. RBSM LLC
http://www.rbsmllp.com/about-us-overview.php/

2. IEEE Spectrum
http://spectrum.ieee.org/energywise/energy/environment/global-ewaste-will-jump-33-in-next-five-years

3. About the PCAOB. Retrieved from
http://pcaobus.org/About/Pages/default.aspx

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