Metalico, Inc. - One of the nation’s largest recyclers of ferrous metals in the US.







			The Company Metalico, Inc. is a diversified company focused on two segments of the metal industry- Recycling of Metals and Product Fabrication. The Company pursues its growth strategy through acquisitions and investments in strategic products, markets and geographic areas. Metalico is committed to proving that the American manufacturing sector can compete in a global economy through dedicated employees and management, capital and technology investments, and careful control of inventory and energy costs. Recycling of Metals Metalico operates both ferrous and non-ferrous scrap metal recycling facilities in New York, Pennsylvania and Ohio, serving both U.S. and Canadian markets. All forms of metal scrap are purchased from manufacturers, small scrap dealers, demolition contractors, and peddlers. The scrap is sorted and prepared for sale to mills, furnaces and foundries. Refractory metals, principally molybdenum, tungsten and tantalum, are recycled at our Tranzact facility in central Pennsylvania. Three of our facilities, located in Newark, NJ, Austin, TX, and Gulfport, MS, process used catalytic converters, recycling platinum, palladium, and rhodium, known as PGM's (Platinum Group Metals). Metalico's newest locations, six recycling operations acquired from the Snyder Group of Pittsburgh, Pennsylvania, give the Company a significant presence in the Western Pennsylvania scrap metal recycling market. An automobile shredder located on Neville Island near the city of Pittsburgh serves as the platform for the operations. The acquisition of the operations of the Snyder Group also brings experienced and seasoned management to Metalico. Metalico has earned a reputation for professionalism and trust with consumers and other large metal buyers. Mills and metal buyers know that Metalico delivers quality materials with exceptional reliability. This means that scrap suppliers can rely on Metalico to accept materials at a fair price, in both up and down markets. Product Fabrication Metalico’s commitment to customer service and product variety has made it the largest lead fabricator in the United States. In 2007, through five locations located in four states, we consumed approximately 62 million pounds of lead metal to produce over a hundred different base products. Some of our raw material comes from Metalico recycling operations, where 7.7 million pounds of scrap lead, including auto and truck batteries, are recycled annually. Metalico and the Environment The recycling of metals saves natural resources, energy, and consumption of scarce landfill space. Metalico scrap locations offer easy access, quick payment and fair prices to peddlers and local residents--this encourages additional recycling of metal scrap, such as siding, window frames and doors, which typically end up in landfills. Metalico’s Corporate Office and its New York scrap operations contracted to purchase 25% of their electricity from renewable wind energy in 2006. In 2007, Metalico doubled the renewable wind energy amount to 50% and added operations in California and Alabama to the program. This effort is equivalent to planting 92,000 trees and reduces CO2 emissions by 1,360,000 pounds annually! Also, our New York truck and equipment fleet uses an average blend of 30% soybean-derived biodiesel and 70% diesel fuel. In 2006, we began a pilot program with one truck running on a blend of 50% soybean oil and 50% diesel fuel. Those positive test results prompted running all trucks and equipment at blends as high as 80% soybean oil and 20% diesel fuel, except when cooler winter weather calls for a lower biodiesel blend. The U.S. Environmental Protection Agency (EPA) recognized the Company's use of renewable wind energy and named Metalico as a Green Power Partner. Metalico will continue to contribute to efforts to use renewable energy, reduce pollution and encourage recycling. Quotations for Metalico, Inc. are listed on the American Stock Exchange (AMEX) under the symbol MEA. Management Profiles: Carlos E. Agüero founded the Company in August of 1997 and has served as our Chairman, President and Chief Executive Officer and as a Director since that time. From February 1988 to December 1996, he held the position of President, Chief Executive Officer and Director of Continental Waste Industries, Inc., which he founded in February 1988 and helped guide through more than thirty acquisitions and mergers. Continental commenced trading on the NASDAQ National Market in November of 1993 and was acquired by Republic Industries, Inc., in December of 1996. Michael J. Drury has been an Executive Vice President of the Company since our founding in August 1997 and a Director since September 1997. He served as our Secretary from March 2000 to July 2004. From 1988 to 1997, Mr. Drury was Senior Vice President, Chief Financial Officer, and a Director of Continental Waste Industries, Inc. He has a degree in accounting and is experienced in acquisition development, investor relations, operations, and debt management. Arnold S. Graber has been an Executive Vice President and the General Counsel of the Company since May 2004 and the Secretary since July 2004. From 2002 until April 2004 he practiced law with the firm of Otterbourg, Steindler, Houston & Rosen, P.C. in New York, New York. From 1998 to 2001 he served as general counsel of TSR Wireless LLC, a privately held paging carrier and telecommunications retailer based in Fort Lee, New Jersey. From 1988 to 1998, Mr. Graber was a member of the Law Department of The First National Bank of Chicago. Prior to that time he was in private practice. He is a member of the bars of the states of Illinois, New Jersey, and New York. Eric W. Finlayson has been a Senior Vice President and our Chief Financial Officer since our founding in August 1997. Mr. Finlayson is a Certified Public Accountant with twenty-five years of experience in accounting. He has extensive background in SEC reporting and compliance. From 1993 through 1997, Mr. Finlayson was Corporate Controller of Continental Waste Industries, Inc. David DelBianco was appointed Vice President of Business Development in August 2006. He joined the Company in April 2004 in the function of Operations and Business Development. From 2001 until that time he held the position of Controller and Vice President of PSEG Asset Management, Inc. in Newark, New Jersey. Mr. DelBianco held the position of Controller with Continental Waste Industries, Inc. in 1994, and remained with Republic Services, Inc through 2001 after the merger of those two companies in 1997. His duties at Metalico include acquisition development, operations, and information systems. Mr. DelBianco is a Certified Public Accountant. Kevin Whalen was appointed Vice President & Corporate Controller in August 2006.. Kevin joined the Company in July 2004 as Corporate Controller. From 2000 until that time he served as Finance Manager of Ivoice, Inc. in Matawan, New Jersey. From 1996 to 2000 Mr. Whalen served as Corporate Controller for Willcox & Gibbs in Carteret, New Jersey. His responsibilities at Metalico include financial statement preparation and SEC reporting. Mr. Whalen is a Certified Public Accountant.