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Full-Service Waste Collection and Disposal Services Provider Waste Recyclers Holdings Renamed Emerald Waste Services

Posted on: Monday, 5 June 2006, 15:00 CDT

FREEPORT, Fla., June 5 /PRNewswire/ -- Waste Recyclers Holdings, a WHI Capital Partners portfolio company, today announced it has been renamed Emerald Waste Services to reflect its full range of residential, construction and commercial waste service offerings and its regional ties.

Based on the Emerald Coast of Northwest Florida, the company has extensive operations in construction and demolition, commercial and residential waste collection, as well as portable toilet rental and servicing with more than 3,500 portable toilets. Emerald Waste Services is poised to take advantage of the Emerald Coast region's strong population growth and expanding military facilities, which have resulted in extensive residential and commercial real estate development.

Emerald owns and operates six construction and demolition landfills, making it the market leader in construction and demolition disposal with more than 28 million cubic yards under management. The company owns a fleet of over 90 trucks and provides collection services to the area's construction, commercial and residential markets. Emerald services over 2,600 construction and demolition customers, more than 700 commercial businesses in the region and more than 10,000 residential units in Bay County. It also provides commercial and residential solid waste services and operates a solid waste transfer station under municipal contract to The City of Port St. Joe. On the military side, Emerald services Tyndall Air Force Base and the US Naval Station Coastal Systems Center. The company employs more than 140 people and has operations in Freeport, Panama City and Port St. Joe, FLA.

"We are excited that our growing company will be able to service more of the area's expanding needs," said Emerald Waste Services CEO Bart Begley. "We chose our new name primarily to solidify our ties to the region, even as we grow. Emerald Waste Services is the leading provider of solid waste services in Northwest Florida and we hope our new name is soon associated with this leadership position."

About Emerald Waste Services

Emerald Waste Services (formerly Waste Recyclers Holdings), a WHI Capital Partners portfolio company, is the market leader in solid waste services in Northwest Florida. The company owns and operates six construction and demolition landfill sites in the region, and runs a fleet of over 90 trucks which provide waste collection services to the construction, commercial and residential markets. The fleet services Emerald's portable toilet rental operation of more than 3,500 portable toilets. Emerald Waste Services employs more than 140 people.

About WHI Capital Partners

WHI Capital Partners ( http://www.whicapital.com/ ) is a Chicago- based private equity firm that invests in leading niche manufacturing, value-added distribution and specialty service companies with revenues between $10 - 100 million. WHICP focuses on creating a true partnership with a company's management team with the goal of enhancing operational efficiency along with developing and executing a clearly defined growth plan to build value. Backed by the financial strength and resources of its parent firm, William Harris Investors, Inc., WHI Capital Partners provides a unique solution to help a company capitalize on its opportunities over the long haul. For more information, contact Adam Schecter at (312) 621-0641 or adams@whicapital.com.

WHI Capital Partners

CONTACT: Sheridan Chaney, Aileron Communications, +1-312-629-9400,ext. 14; or Bart Begley, Emerald Waste Services, +1-850-835-3918; orAdam Schecter, WHI Capital Partners, +1-312-621-0641

Web site: http://www.whicapital.com/

Source: PRNewswire

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