SWISHER HYGIENE INC. DELAYS FILING OF
2012 THIRD QUARTER REPORT ON FORM
Receives Lack of Compliance Notification from NASDAQ
CHARLOTTE, NC November 16, 2012 Swisher Hygiene Inc. (Swisher Hygiene) (NASDAQ: SWSH, TSX: SWI), a leading provider of essential hygiene and sanitation products and
services, announced today that on November 16, 2012 it received a letter from NASDAQ indicating that it is not in compliance with the filing requirements for continued listing under NASDAQ Listing Rule 5250(c)(1) since its Form 10-Q for the
quarter ended September 30, 2012 will not be timely filed as a result of the companys continuing work to complete the adjustments resulting from Swisher Hygienes completed internal review. The letter from NASDAQ advised the
Company that the NASDAQ Hearings Panel will consider this additional deficiency in their decision regarding the Companys continued listing on The NASDAQ Global Select Market.
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.
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 press release, which may prove to be incorrect, include but are not limited to, the various
assumptions set forth herein. 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 Hygienes Annual Report on Form
10-K for the year ended December 31, 2010 and its Quarterly Report on Form 10-Q for the quarter ended June 30, 2011, both 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. 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 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.
Phone: (704) 602-7116
Garrett Edson, ICR
Alecia Pulman, ICR
Phone: (203) 682-8224