Swisher Hygiene Announces Results for the Three and Nine-Month Periods Ended September 30, 2012

Swisher Hygiene Announces Results for the Three and Nine-Month Periods Ended
September 30, 2012

CHARLOTTE, N.C., March 18, 2013 (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 it has
filed its Form 10-Q for the three and nine-month periods ended September 30,
2012. All amounts in this news release are in United States dollars.

Third Quarter 2012 Highlights

  *The Waste segment, which was sold on November 15, 2012, is reported as
    discontinued operations for 2012.
    
  *Total revenue from continuing operations of $59.0 million for the third
    quarter of 2012, a 20% increase compared to the third quarter of
    2011.Hygiene revenue from company-owned operations for the third quarter
    of 2012, excluding acquisitions, increased 3% compared to the third
    quarter of 2011.
    
  *Adjusted EBITDA loss of $2.3 million for the third quarter of 2012 based
    on a net loss from continuing operations of $14.3 million.For a
    reconciliation of non-GAAP to GAAP measures, please review the disclosures
    and table included with this release.
    
  *Basic and diluted loss per share from continuing operations of $0.08 for
    the third quarter of 2012, compared to basic and diluted loss per share
    from continuing operations of $0.01 in the third quarter of 2011.

"We have now filed our outstanding quarterly reports for 2012," said Thomas
Byrne, President and Chief Executive Officer of Swisher Hygiene."We are
working to file our 2012 Form 10-K as soon as possible, and once again thank
our shareholders for their patience and continued support during this
process."

"Our results in the third quarter of 2012 were significantly affected by the
investigation and review process, impacting our top line and cost structure,"
continued Mr. Byrne."With the review now in the past, we look forward
throughout 2013 to serving our customers nationwide on a day-to-day basis,
expanding our cross-selling opportunities, and emphasizing customer retention
and new customer acquisition.Further, we will continue to eliminate costs and
create additional efficiencies throughout the business; this will remain a
priority throughout 2013."

Third Quarter 2012 Results

For the three months ended September 30, 2012, Swisher Hygiene reported total
revenue from continuing operations of $59.0 million, a 20% increase from $49.2
million in the three months ended September 30, 2011. Hygiene revenue from
company-owned operations, excluding acquisitions, increased 3% compared to the
three months ended September 30, 2011.

Total costs and expenses for the three months ended September 30, 2012
increased by 41% to $72.8 million, compared to $51.7 million in the three
months ended September 30, 2011.Excluding the impact of acquisition and
merger expenses, the gain from bargain purchase in 2011, and $5.0 million of
investigation and review-related expenses in the three months ended September
30, 2012, total costs and expenses increased 4% compared to the three months
ended September 30, 2011.

For the three months ended September 30, 2012 and 2011, respectively:

                                                              Q3 2012 Q3 2011
Cost of sales as a % of revenue                               44.1%   43.3%
Route expense as a % of revenue                                18.6%   18.9%
SG&A expense as a % of revenue                                 50.9%   42.5%
SG&A expense (excluding investigation and review-related       42.4%   42.5%
expenses) as a % of revenue

The increase in cost of sales as a percentage of revenue primarily reflects a
change in sales mix towards the chemical product line and entering the
wholesale chemical business through Swisher Hygiene's acquisition of Daley
International, Cavalier and Kitter spanning the third quarter of 2011, while
the favorable change in route expense as a percentage of revenue reflects
economies of scale realized through route consolidation initiatives.

Net loss from continuing operations for the three months ended September 30,
2012 was $14.3 million, compared to net loss from continuing operations of
$1.9 million in the three months ended September 30, 2011.

Adjusted EBITDA loss for the three months ended September 30, 2012 was $2.3
million, compared to an Adjusted EBITDA loss of $1.2 million in the three
months ended September 30, 2011.

Nine Months 2012 Results

For the nine months ended September 30, 2012, Swisher Hygiene reported total
revenue from continuing operations of $177.4 million, a 69% increase from
$105.0 million in the nine months ended September 30, 2011.Hygiene revenue
from company-owned operations, excluding acquisitions, increased 7% compared
to the nine months ended September 30, 2011.

Total costs and expenses for the nine months ended September 30, 2012
increased by 77% to $221.5 million, compared to $125.4 million in the nine
months ended September 30, 2011.Excluding the impact of acquisition and
merger expenses, the gain from bargain purchase in 2011, and $16.4 million of
investigation and review-related expenses in the nine months ended September
30, 2012, total costs and expenses increased 10% compared to the nine months
ended September 30, 2011.

For the nine months ended September 30, 2012 and 2011, respectively:

                                                      9 mos. 2012 9 mos. 2011
Cost of sales as a % of revenue                       44.1%       40.7%
Route expense as a % of revenue                        17.9%       21.0%
SG&A expense as a % of revenue                         53.9%       49.4%
SG&A expense (excluding investigation and              44.7%       49.4%
review-related expenses) as a % of revenue

The increase in cost of sales as a percentage of revenue primarily reflects a
change in sales mix towards the chemical product line and entering the
wholesale chemical business through Swisher Hygiene's acquisition of Daley
International, Cavalier and Kitter spanning the third quarter of 2011, while
the favorable change in route expense as a percentage of revenue reflects
economies of scale realized through route consolidation initiatives.

Net loss from continuing operations for the nine months ended September 30,
2012 was $45.6 million, compared to net loss from continuing operations of
$15.7 million in the nine months ended September 30, 2011.

Adjusted EBITDA loss for the nine months ended September 30, 2012 was $8.3
million, compared to an Adjusted EBITDA loss of $8.6 million in the nine
months ended September 30, 2011.

Conference Call

Swisher Hygiene will host a conference call to provide a company update and
discuss 2012 results this afternoon at 1:00 PM Eastern Time.

The conference call can be accessed over the phone by dialing 1-855-541-0980
or for international callers by dialing 1-970-315-0440; please dial-in 10
minutes before the start of the call.A replay will be available two hours
after the call and can be accessed by dialing 1-855-859-2056 or for
international callers by dialing 1-404-537-3406; the conference ID is
24733893.The replay will be available until Monday, March 25, 2013.

In order to access the live webcast, please go to the Investors section of
Swisher Hygiene's website at http://www.swisherhygiene.com and click on the
webcast link that will be made available. A replay will be available shortly
after the original webcast.

Non-GAAP Financial Measures

This press release and the attached financial tables contain certain non-GAAP
financial measures.In addition to net income determined in accordance with
GAAP, we use certain non-GAAP measures such as "Adjusted EBITDA" in assessing
Swisher Hygiene's operating performance. Swisher Hygiene believes this
non-GAAP measure serves as an appropriate measure to be used in evaluating the
performance of its business.

Swisher Hygiene defines Adjusted EBITDA as net loss excluding the impact of
income taxes, depreciation and amortization expense, investigation and review
related expenses, net interest expense, foreign currency gain or loss and
other income, net gain on debt related fair value measurements, stock based
compensation, third party costs directly related to merger and acquisitions
including the debt prepayment penalty, and a gain from bargain purchase
related to mergers and acquisitions.

Swisher Hygiene presents Adjusted EBITDA because the company considers it an
important supplemental measure of its operating performance and believes it is
frequently used by securities analysts, investors and other interested parties
in the evaluation of its results. Management uses this non-GAAP financial
measure frequently in its decision-making because it provides supplemental
information that facilitates internal comparisons to the historical operating
performance of prior periods and gives an additional indication of Swisher
Hygiene's core operating performance. Swisher Hygiene includes this non-GAAP
financial measure in its earnings announcement in order to provide
transparency to its investors and enable investors to better compare its
operating performance with the operating performance of its competitors.
Adjusted EBITDA should not be considered in isolation from, and is not
intended to represent an alternative measure of, revenue, operating results or
cash flows from operating activities as determined in accordance with GAAP.
Additionally, Swisher Hygiene's definition of Adjusted EBITDA may not be
comparable to similarly titled measures reported by other companies.

Under SEC rules, Swisher Hygiene is required to provide a reconciliation of
non-GAAP measures to the most directly comparable GAAP measures.Accordingly,
the following is a reconciliation of Adjusted EBITDA to Swisher Hygiene's net
losses for the three and nine months ended September 30, 2012 and 2011:

                               Three Months Ended     Nine Months Ended
                                September 30,          September 30,
                               2012        2011       2012        2011
                               (In thousands)
Net loss from continuing        $(14,292) $(1,944) $(45,580) $(15,684)
operations
Income tax (benefit) expense    22          (782)      109         (10,915)
Depreciation and amortization   5,656       3,860      15,820      8,463
expense
Interest expense, net           433         946        1,545        1,533
Gain on foreign currency        (38)        105        1           (58)
Unrealized (gain) loss on       --         (819)      (199)       4,767
convertible debt
Stock-based compensation        824         1,187      3,441       3,033
Investigation and               4,999       --        16,385      --
review-related expenses
Gain from bargain purchase      --          (4,359)    --          (4,359)
Acquisition and merger expenses 59          643        220          4,641
Adjusted EBITDA                 $(2,337)  $(1,163) $(8,258)  $(8,579)

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 December31, 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.

SWISHER HYGIENE INC. AND SUBSIDIARIES
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS
(Unaudited)
(In thousands, except share and per share data)
                                                               
                              Three Months Ended      Nine Months Ended
                               September 30,           September 30,
                              2012        2011        2012        2011
Revenue                                                         
Products                       $52,391   $41,719   $156,409  $82,782
Services                       6,263       6,883       20,016      18,869
Franchise and other            365         638         928         3,307
Total revenue                  59,019      49,240      177,353     104,958
                                                               
Costs and expenses                                              
Cost of sales                  26,045      21,317      78,124      42,711
Route expenses                 10,990      9,311       31,756      22,070
Selling, general, and          30,032      20,951      95,598      51,852
administrative expenses
Acquisition and merger         59          643         220         4,641
expenses
Depreciation and amortization  5,656       3,860       15,820      8,463
Gain from bargain purchase     --          (4,359)     --          (4,359)
Total costs and expenses       72,782      51,723      221,518     125,378
Loss from continuing           (13,763)    (2,483)     (44,165)    (20,420)
operations
                                                               
Other expense, net             (507)       (243)       (1,306)     (6,179)
Net loss from continuing       (14,270)    (2,726)     (45,471)    (26,599)
operations before income taxes
                                                               
Income tax (expense) benefit   (22)        782         (109)       10,915
Net loss from continuing       (14,292)    (1,944)     (45,580)    (15,684)
operations
                                                               
Income (loss) from
discontinued operations, net   2,749      74         1,866      (276)
of tax
Net loss                       (11,543)    (1,870)     (43,714)    (15,960)
Net income attributable to     --          (1)         --          (1)
non-controlling interest
Net loss attributable to       (11,543)    (1,871)     (43,714)    (15,961)
Swisher Hygiene Inc.
Comprehensive loss                                             
Foreign currency translation   23          (288)       6           (28)
adjustment
Comprehensive loss             $(11,520) $(2,159)  $(43,708) $(15,989)
                                                               
Loss per share from continuing                                  
operations
Basic and diluted              $(0.08)   $(0.01)   $(0.26)   $(0.10)
                                                               
                                                               
Weighted-average common shares
used in the computation of                                      
loss per share
Basic and diluted              175,057,385 173,429,586 174,961,822 154,025,525

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
 
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