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TSX Grants Extension to Continue Swisher Hygiene Listing

By: Swisher Hygiene |  2 Shares     92 Reads

March 28, 2013 // Franchising.com // CHARLOTTE, N.C. - // GLOBE NEWSWIRE // - Swisher Hygiene Inc. ("Swisher Hygiene") (Nasdaq:SWSH) (TSX:SWI), a leading provider of essential hygiene and sanitizing products and services, announced today that the Toronto Stock Exchange (the "TSX") has extended the date for the delisting of the common stock of Swisher Hygiene from the TSX until the close of market on May 15, 2013 — subject to Swisher Hygiene filing its Annual Report on Form 10-K for the year ended December 31, 2012 and its quarterly financial statements for the quarter ended March 31, 2013. The TSX had previously determined to delist the common stock of Swisher Hygiene on the TSX on April 1, 2013 if Swisher Hygiene was unable to come into compliance with its financial reporting requirements.

Swisher Hygiene expects to timely meet the conditions imposed by the TSX to remain listed, and continues to work toward meeting the previously announced conditions for continued listing on the NASDAQ Stock Market. Swisher Hygiene can provide no assurance when it will complete the filing of its Form 10-K for the year ended December 31, 2012 or its quarterly financial statements for March 31, 2013.

Cautionary Statement on Forward-Looking Information

All statements other than statements of historical fact contained in this press release 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 press release unless otherwise stated. All statements other than historical facts are, or may be, deemed to be forward looking statements. 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.

Certain information in this press release is forward-looking information. 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. 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 press release are qualified by the above cautionary statements and those made in the "Risk Factors" section of Swisher Hygiene's Annual Report on Form 10-K for the year ended December 31, 2011, filed with the Securities and Exchange Commission, available on www.sec.gov, and with Canadian securities regulators available on Swisher Hygiene's SEDAR profile at www.sedar.com, and Swisher Hygiene's other filings with the Securities and Exchange Commission and with Canadian securities regulators available on Swisher Hygiene's SEDAR profile at www.sedar.com. The forward-looking information set forth in this press 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 to reflect subsequent events and circumstances, 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 company-owned operations, franchises and 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. This broad set of offerings is designed to promote superior cleanliness and sanitation in all commercial environments, enhancing the safety, satisfaction and well-being of employees and patrons. Swisher Hygiene's customers include a wide range of commercial enterprises, with a particular emphasis on the foodservice, hospitality, retail, industrial and healthcare industries.

Contact:

Swisher Hygiene Inc.

Investor

Amy Simpson
(704) 602-7116

Garrett Edson
ICR
(203) 682-8331

Media

Alecia Pulman
ICR
(203) 682-8224

Source: Swisher Hygiene Inc.

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