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Swisher Hygiene (SWSH) Acquires Certain Assets of Environmental Biotech

CHARLOTTE, N.C., March 23, 2012 (GLOBE NEWSWIRE) — Swisher Hygiene Inc. (“Swisher Hygiene”) (Nasdaq:SWSH) (TSX:SWI), a leading provider of essential hygiene and sanitation products and services, today announced that it has acquired the route operations and certain other assets of CSC OPS, LLC (d/b/a Environmental Biotech) (“Environmental Biotech”), a drainline maintenance products and services company.

Environmental Biotech is a global product and service provider delivering environmentally appropriate green solutions to drainage, odor and waste water problems for business, commercial and municipal entities. As part of the transaction, Environmental Biotech will retain its manufacturing, franchise and related support operations and become a supplier of Swisher Hygiene.

“In the foodservice industry, it is critical to ensure that drain lines are clean and flowing properly in order to prevent costly and unsanitary back-ups and clogged drains,” said Steven R. Berrard, Chief Executive Officer of Swisher Hygiene. “Today’s acquisition provides Swisher Hygiene with another opportunity to cross-sell our full suite of products and services to existing and potentially new customers.”

In addition, Swisher Hygiene also announced the acquisition of certain assets of Green on Whites, Inc. (“Green on Whites”), a South Florida-based linen services company. Green on Whites provides linen and facilities rental services to foodservice and hospitality customers in the greater Miami market.

“Our South Florida operations have expanded considerably in the last year through acquisitions and especially organic growth, which has led us to be at near capacity at our current facility in the region,” said Mr. Berrard. “Through this acquisition, we have secured a larger platform which will enable us to further grow our linen services presence in South Florida.”

Total consideration paid by Swisher Hygiene in connection with the acquisitions includes approximately $371,000 in cash, the assumption of certain liabilities and the issuance of a convertible promissory note which may be converted into a maximum of 77,495 shares of Swisher Hygiene common stock subject to certain restrictions, including acceptance by the Toronto Stock Exchange.

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. 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.

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 management’s 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 Hygiene’s Annual Report on Form 10-K for the year ended December 31, 2010, Quarterly Report on Form 10-Q for the quarter ended September 30, 2011 and the registration statement on Form S-3 each filed with the Securities and Exchange Commission, available on, and with Canadian securities regulators available on Swisher Hygiene’s SEDAR profile at, 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 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 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. The company’s 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 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 Contact:
         Amy Simpson
         Phone: (704) 602-7116

         Garrett Edson, ICR
         Phone: (203) 682-8331

         Media Contact:
         Alecia Pulman, ICR
         Phone: (203) 682-8224
Friday, March 23rd, 2012 Uncategorized