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8-K - FORM 8-K - Swisher Hygiene Inc. | g27113e8vk.htm |
EX-99.1 - EX-99.1 - Swisher Hygiene Inc. | g27113exv99w1.htm |
EXHIBIT 99.2
SWISHER HYGIENE PROVIDES 2011 REVENUE OUTLOOK AT ANNUAL MEETING
CHARLOTTE, NC May 5, 2011 Swisher Hygiene Inc. (Swisher Hygiene) (NASDAQ: SWSH, TSX: SWI),
a leading provider of essential hygiene and sanitation products and services, today provided a
revenue outlook for 2011 at its annual meeting. The company currently expects 2011 revenue of
approximately $200 million, with current run-rate revenue in excess of $230 million.
We recognize our historical financial performance is not indicative of the rapid progress we are
making acquiring businesses in our large addressable market, said Steve Berrard, Chief Executive
Officer of Swisher Hygiene. As we continue to acquire additional businesses, we expect to deliver
significant efficiencies and cost-savings as we integrate these businesses into our platform. More
importantly, we continue to identify and pursue attractive synergies and cross-selling
opportunities across all of our service offerings as customers get introduced to our expanded
service offerings.
Cautionary Statement on Forward-Looking Information
All statements, other than statements of historical fact, contained in this news release, including
any information as to the future financial or operating performance of Swisher Hygiene, constitute
forward-looking information or forward-looking statements within the meaning of the U.S.
federal securities laws and the Securities Act (Ontario) and are based on the expectations,
estimates and projections of management as of the date of this news release unless otherwise
stated. Forward-looking statements include, but are not limited to, possible events and statements
with respect to possible events. The words plans, expects, is expected, scheduled,
estimates, or believes, or similar words or variations of such words and phrases or statements
that certain actions, events or results may, could, would, might, or will be taken,
occur, and similar expressions identify forward-looking statements.
Forward-looking statements are necessarily based upon a number of estimates and assumptions that,
while considered reasonable by Swisher Hygiene as of the date of such statements, are inherently
subject to significant business, economic and competitive uncertainties and contingencies. The
estimates and assumptions of Swisher Hygiene contained in this news release, which may prove to be
incorrect, include but are not limited to, the various assumptions set forth herein as well as the
accuracy of managements assessment of the effects of the successful completion and integration of
the acquisitions. All of these assumptions have been derived from information currently available
to Swisher Hygiene including information obtained by Swisher Hygiene from third-party sources.
These assumptions may prove to be incorrect in whole or in part. All of the forward-looking
statements made in this news release are qualified by the above cautionary statements and those
made in the Risk Factors section of Swisher Hygienes Annual Report on Form 10-K filed with the
Securities and Exchange Commission, available on www.sec.gov, and with Canadian securities
regulators available on Swisher Hygienes SEDAR profile at www.sedar.com, and Swisher Hygienes
other filings with the Securities and Exchange Commission and with Canadian securities regulators
available on Swisher Hygienes SEDAR profile at www.sedar.com. These factors are not intended to
represent a complete list of the factors that could affect Swisher Hygiene.
The forward-looking information set forth in this news release is subject to various assumptions,
risks, uncertainties and other factors that are difficult to predict and which could cause actual
results to differ materially from those expressed or implied in the forward-looking information.
Swisher Hygiene disclaims any intention or obligation to update or revise any forward-looking
statements, except to the extent required by applicable law.
About Swisher Hygiene Inc.
Swisher Hygiene Inc. is a NASDAQ and TSX listed company that provides essential hygiene and
sanitation solutions to customers throughout much of North America and internationally through its
global network of 83 company-owned operations, 5 franchises and 10 master licensees operating in
countries across Europe and Asia. These essential solutions include cleaning and sanitizing
chemicals, foodservice and laundry products, restroom hygiene programs and a full range of related
products and services. The companys most recent program enhancement is its introduction of solid
waste management services to commercial and residential customers in selected markets. Together,
this broad set of offerings is designed to promote superior cleanliness and sanitation in all
commercial environments from door to dumpster, enhancing the safety, satisfaction and well-being of
employees and patrons. Swisher Hygienes customers include a wide range of commercial enterprises,
with a particular emphasis on the foodservice, hospitality, retail, industrial and healthcare
industries.
For Further Information, Please Contact:
Swisher Hygiene Inc.
Investor Contact:
Amy Simpson
Phone: (704) 602-7116
Amy Simpson
Phone: (704) 602-7116
Garrett Edson, ICR
Phone: (203) 682-8331
Phone: (203) 682-8331
Media Contact:
Alecia Pulman, ICR
Phone: (203) 682-8332
Alecia Pulman, ICR
Phone: (203) 682-8332