Hi-Rise Recycling System to be included in WCI Communities newest prestige building

Business Wire, Nov 12, 1996

MIAMI--(BUSINESS WIRE)--Nov. 12, 1996--

One of Naples' most luxurious condominiums to use

state-of-the-art Hi-Rise Recycling System

With the installation of its system in the Windsor, a new beachfront building in Naples, Fla., Hi-Rise Recycling Systems Inc. (NASDAQ:HIRI) continues to be synonymous with luxurious condominium living.

The Windsor, under construction by WCI Communities, is located at 8477 Bay Colony Drive in Bay Colony, a gated residential beachfront community in Pelican Bay. The 21-story building has only 31 residences which range from 6,100 to 8,800 square feet of air conditioned living space and sell from $2.3 to $5 million.

"The Hi-Rise Recycling System is an amenity that coincides with the numerous luxury appointments throughout the Windsor," said George Page, senior vice president of WCI Communities.

The Windsor is designed by Eugene Aubry, FAIA, architect. Exterior landscaping is designed by Walter Taft Bradshaw, ASLA.

"Hi-Rise Recycling Systems are consistently chosen by architects, developers and building owners who strive to provide amenities that bring a better environment to their mid- and high-rise buildings while simultaneously reducing the operating costs of their building," said Michael Bracken, vice president new construction of Hi-Rise Recycling Systems. "The Windsor is the latest example of the trend by developers to provide the Hi-Rise system as a standard for recycling convenience in multi-story buildings."

Hi-Rise Recycling System's patented system for multi-story buildings uses an existing trash chute and a rotating bin carousel to separate and collect recyclable waste.

Hi-Rise Recycling has contracted over 130 systems in residential, mixed-use, universities, senior housing and new construction, multi-family buildings around the United States and Canada.

CONTACT: Peter Nasca Associates Inc.

Peter Nasca or Edward L. Donato

305/937-1711