LIVERPOOL, N.Y., April 9, 2013 /PRNewswire/ -- Highlight Networks Inc. (HNET) is pleased to announce its scrap metal and electronics processing agreement with SiteXpedite LLC ("SiteX") of Wisconsin. SiteX operates a business planning, executing, and managing wireless system deployments involving broad scales including: regional build-outs, state-wide projects and city-wide networks. They serve both commercial and governmental clients and have been key partners in over a dozen federal rural broadband projects nationwide. This service often generates scrap from cell towers and other systems. Under the new agreement, SiteX will provide HNET with scrap telecom equipment, recyclable metal and electronic materials for HNET to process and recycle. A rough estimate of the near term projects anticipated by this contract is that over $1,000,000 worth of scrap will be processed.
Highlight Networks Inc. headquartered in New York, engages in recycling, refining, metals trading, and asset recovery, with a focus on precious metals refining from electronic waste. The Company currently operates one facility in NY that contracts nationally for refining and recycling projects, and has recently expanded its business to include the repurposing, resale, and recycling of networking and telecom hardware. The 12,000 square foot operation is located in a modern industrial park, and offers free recycling of electronics, computers, cell phones, servers, and other items, for local businesses and residents during normal business hours 9 to 5 Monday through Saturday. For convenience HNET also offers a 24 hr drop off container located at the front of the facility at 6 Adler Drive, East Syracuse, NY 13057. The Company strives to keep electronics, metals, and recyclable goods out of landfills. We accept everything from single cell phones to entire truckloads of working and nonworking products. Items are then repurposed, reused, or recycled in accordance with the regulations set by the United States Environmental Protection Agency. Individuals interested in recycling with Highlight Networks may also call 1-855-687-HNET (4638). We offer a free pick-up service to local clients, and can help arrange shipping on a national basis.
About SiteXpedite LLC
SiteXpedite was formed to provide wireless implementation, professional management, and documentation services for construction companies. They specialize in planning, executing and managing wireless system deployments involving broad scales including: regional build-outs, state-wide projects and city-wide networks. Their services are available direct to clients and as outsourced plans where temporary expertise is needed to successfully manage demands.
Safe Harbor Statement - In addition to historical information, this press release may contain statements that constitute forward-looking statements within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Forward-looking statements contained in this press release include the intent, belief, or expectations of the Company and members of its management team with respect to the Company's future business operations and the assumptions upon which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance, and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Factors that could cause these differences include, but are not limited to, failure to complete anticipated sales under negotiations, lack of revenue growth, client discontinuances, failure to realize improvements in performance, efficiency and profitability, and adverse developments with respect to litigation or increased litigation costs, the operation or performance of the Company's business units or the market price of its common stock. Additional factors that would cause actual results to differ materially from those contemplated within this press release can also be found on the Company's website. The Company disclaims any responsibility to update any forward-looking statements.
Contact: Alfonso Knoll, info@HighlightNet.com
Highlight Networks Inc., 7325 Oswego Road, Liverpool, NY 13090 Phone: 855-687-4638