Industrial Services of America, Inc. Announces Retirement of Harry Kletter

  Industrial Services of America, Inc. Announces Retirement of Harry Kletter

Business Wire

LOUISVILLE, Ky. -- January 17, 2013

Industrial Services of America, Inc. (NASDAQ: IDSA), a company that buys,
processes and markets ferrous and non-ferrous metals and other recyclable
commodities for domestic users and export markets and offers programs and
equipment to help businesses manage waste, today announces that Harry Kletter,
Chief Executive Officer, will be retiring at the annual stockholder meeting in
May 2013. In connection with his retirement, Mr. Kletter will not stand for
reelection to the Board.

Harry Kletter, 85, founder of ISA states, “After spending the past 60 years in
this industry, it is time for me to retire. The Company has now regained its
footing and I have the utmost confidence in management to move the Company
forward. At this time, the industry is extremely competitive and is going
through consolidation. Over the past four years ISA has enjoyed a period of
expansion, growth and transition. I will leave the Company with a team of
dedicated and capable employees who are ready to lead the Company forward.”

Orson Oliver, Chairman of the Board, commented, “Harry has served ISA well
since its founding. We are thankful for his service and leadership and we wish
him well. ISA’s Board will review all of its strategic opportunities, and will
work toward identifying an interim CEO to fill Harry’s role when he retires.”

ISA’s 2012 SEC filings are available for review at the Securities and Exchange
Commission web site at
http://www.sec.gov/edgar/searchedgar/companysearch.html.

About ISA

Headquartered in Louisville, Kentucky, Industrial Services of America, Inc.,
is a publicly traded company whose core business is buying, processing and
marketing scrap metals and recyclable materials for domestic users and export
markets. Additionally, ISA offers commercial, industrial and business
customers a variety of programs and equipment to manage waste. More
information about ISA is available at www.isa-inc.com.

This news release contains forward-looking statements that involve risks and
uncertainties that could cause actual results to differ from predicted
results. Specific risks include fluctuations in the price of recycled
materials, varying demand for waste managing systems, equipment and services,
competitive pressures in waste managing systems and equipment, competitive
pressures in the waste managing business, and loss of customers. Further
information on factors that could affect ISA’s results is detailed in ISA’s
filings with the Securities and Exchange Commission. ISA undertakes no
obligation to publicly release the results of any revisions to the
forward-looking statements.

Contact:

Industrial Services of America, Inc.
Rudy Scarito, 617-283-1155
rscarito@isa-inc.com
http://www.isa-inc.com/
 
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