ReCellular Collects 6 Million Phones in 2007, the Most Ever by a Recycling Company

LAS VEGAS--(Business Wire)--At the 2008 Consumer Electronics Show, ReCellular announced that
the company has processed a record 6 million phones in 2007,
solidifying the company's position as the world's foremost collector,
refurbisher, and recycler of wireless phones.

"In 1991, we started with a simple mission - to create a
successful business that is both socially and environmentally
responsible," says Chuck Newman, founder and CEO of ReCellular, Inc.
"Today, ReCellular's impact and success have far exceeded my
expectations."

In 2007, ReCellular:

-- Employed 240 people at facilities in Michigan, Texas, Hong
Kong, and Brazil

-- Collected 6 million wireless phones for recycling or
refurbishing

-- Raised more than $20 million for charitable causes

-- Diverted more than 1 million pounds of materials from
landfills by recycling efforts

"Over the past five years, we have grown exponentially," says
Newman, "in large part due to our ongoing efforts to increase consumer
awareness for cell-phone recycling, and the innovative collection
programs we offer our corporate and charitable partners."

Cell phone collections:

For 2007, ReCellular acquired a record 6,034,771 phones through
corporate, charitable and grassroots collections programs. This amount
of phones is the equivalent of:

10 million kilograms of carbon emissions

According to the EPA, producing six million cell phones would
consume enough energy to power 11,400 homes for a year, and produce
more than 10.3 million kilograms of carbon emissions.

A year's supply of gasoline for 6,000 vehicles

According to The Use Less Stuff Report, each cell phone produced
consumes materials and energy equivalent to .75 gallons of gasoline.
Six million phones represent the equivalent of 4.5 million gallons of
gasoline, enough to fuel 6,000 vehicles for 15,000 miles.

$3.8 million worth of precious metals

According to the U.S. Geological Survey, each wireless phone
circuit board contains $0.63 - not factoring the cost of recovery - of
gold, platinum, silver, palladium and copper. Cell phone boards yield
more 300 grams of gold per ton of circuit boards, compared to five
grams of gold per ton of ore from gold-mine operations.

Charitable Fundraising:

The vast majority of phones ReCellular processes are collected
with support from retailers, charity groups and grassroots
organizations. These partners create a nationwide network of more than
50,000 sites that collect cell phones of every make, model and age -
enabling consumers to recycle their old phones safely and
conveniently.

ReCellular pays these organizations for each phone collected, with
the proceeds benefiting more than 50 non-profit partners nationwide.

In 2007, ReCellular provided more than $20 million for charities,
including: the Verizon Wireless' HopeLine(R) Phone Recycling, the
Motorola Race to Recycle school fundraising program, Cell Phones for
Soldiers, and the March of Dimes.

Environmental Efforts:

Approximately than half of phones ReCellular collects are
reconditioned and sold for reuse - considered to be the ultimate form
of recycling.

Obsolete phones are dismantled and sent to recycling partners to
reclaim valuable materials. ReCellular's diverted 1,011,001 pounds of
materials from landfills in 2007, including:

-- Complete handsets and circuit boards, containing precious
metals such as gold, silver, platinum and palladium

-- Batteries, containing heavy metals such as nickel, iron,
cadmium and lead

-- Phone chargers, containing copper wiring

-- Plastic phone housings, containing mixed plastics

ReCellular's environmental initiatives are verified by the
International Organization for Standardization (ISO) to 14001:2004
certification, a voluntary standard that facilitates improved
environmental business management. The certification monitors not only
ReCellular's practices, but the practices of ReCellular's recycling
partners, who must submit to on-site audits by ReCellular to ensure
environmentally sound processing and that no materials are being sent
to landfills or developing countries for processing.

About ReCellular Inc.:

With offices in the United States, Hong Kong, and Brazil,
ReCellular Inc. is the world's foremost collector, reseller and
recycler of used wireless phones and accessories. We provide solutions
for the collection, reuse and recycling of used personal electronics
that generate financial return for our partners, quality products for
our customers, funding for charity organizations, and protection of
the environment. Corporate, charitable, consumer and wholesale
information is available at www.ReCellular.com.

For ReCellular, Inc.
Monte Doran, 248-644-0800, ext. 255
mdoran@clearblue.biz
or
ReCellular, Inc.
Meredith Newman, 734-205-2289
meredithnewman@recellular.com

Copyright Business Wire 2008