6.20.2007 - 03:59pm ET

(CSRwire) HOUSTON, TX – June 20, 2007 – Waste Management, Inc. (NYSE: WMI) today announced that it has acquired the LampTracker(R) business, the nation’s first provider of mail-back recycling for fluorescent lighting, from shareholders of Mercury Waste Solutions, LLC. This business, which will be operated through Waste Management's WM LampTracker subsidiary, will provide collection and safe recycling of fluorescent bulbs using integrated on-line tracking capability and a unique shipping container design. WM LampTracker also offers this service for the recycling of batteries, electronics and other wastes commonly referred to as universal wastes.

"As North America's largest recycler, Waste Management continues to be a leader in developing new and advanced recycling services and technologies in areas like this where we see shifting public sentiment driving growth," said Carl Rush, vice president of the Organic Growth Group of Waste Management. "Waste Management’s acquisition of the LampTracker(R) business exemplifies our ongoing commitment to recycling and environmental stewardship."

WM LampTracker allows commercial and industrial customers to recycle fluorescent bulbs, which contain mercury, thereby improving employee health and safety, and ensuring compliance with local, state and federal regulations. It is a total-care approach to storage, handling, transport and recycling of fluorescent lamps. WM LampTracker offers the exclusive VaporLok foil bag that has been specially engineered and custom-manufactured to safely contain residual mercury vapors during the storage and transportation of fluorescent bulbs. In addition, the one-of-a-kind tracking system not only offers on-line convenience but also integrates with major shippers' tracking systems.

WM LampTracker's customer base includes numerous Fortune 500 companies in retail, commercial and industrial markets.

Waste Management, based in Houston, Texas, is the leading provider of comprehensive waste management services in North America. Our subsidiaries provide collection, transfer, recycling and resource recovery, and disposal services. We are also a leading developer, operator and owner of waste-to-energy and landfill gas-to-energy facilities in the United States. Our customers include residential, commercial, industrial, and municipal customers throughout North America.

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