Advanced Recycling Sciences Inc. Announces Appointment of Wolfgang Seiler to Advisory Board; Primary Initiative to Lead European Debt and Equity Financing Program.

Business Editors/Environment Writers

IRVINE, Calif.--(BUSINESS WIRE)--March 5, 2003

Advanced Recycling Sciences Inc. ("ARS") (OTCBB:ARYC), a leader in innovative products and technologies for the tire and rubber recycling industry, announced today that Wolfgang W. Seiler, based in Bad Homburg, near Frankfurt, Germany, has been appointed to the ARS Advisory Board.

He will focus on assisting ARS to conclude several rounds of corporate debt and equity financing with European investors who are strategically focused on participating in the rapidly developing European road construction sector which utilizes rubberized asphalt.

Rubberized asphalt, an area in which ARS is recognized as an industry leader, has been successfully developed in the United States and has excellent durability characteristics, lower noise levels, safer braking and long term economic advantages over conventional road construction methods.

The funds will be used to initially develop the ARS operation in Europe, including establishing a new subsidiary specializing in road construction and rubberized asphalt blending and contracting services, and, later, for the recycling of tires and the manufacture of in-house crumb rubber.

"Mr. Seiler has worked in various positions including chief investment officer and chief executive officer with leading German and European banking and investment groups for more than 20 years with emphasis on quantitative investment research, financial engineering and asset management.

"He was instrumental in bringing one of the first structured private equity and hedge fund products to the German marketplace and is now the managing partner of a private equity firm based in Bad Homburg. Mr. Seiler brings a wealth of investment banking experience, and he will advise ARS on the ongoing negotiations, which are expected to be concluded with the first formal agreements during March," commented Ehrenfried Liebich, chairman and CEO of Advanced Recycling Sciences.

Additional details of the funding programs will be disclosed as they are finalized.

About Advanced Recycling Sciences Inc.

Advanced Recycling Sciences provides solutions to alleviate the worldwide environmental dilemma of scrap tires and industrial rubber waste. Through acquisition and development of new technologies, ARS is focused on establishing itself as a leader in the worldwide environmental technology and crumb rubber modified asphalt-paving arenas. For more information, visit the corporate Web site at www.arsciences.com.

No stock exchange or Securities Commission has approved nor disapproved the statements in this release. Any statements that are not strictly historical are "forward-looking statements" made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 and within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Although the company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. These statements are subject to a number of risks and uncertainties that may affect actual events or results materially. These include, but are not limited to the company's ability to obtain adequate financing to further its current and future business strategies; the company's historical lack of profitability; the effects of business and economic conditions generally; and, other risks associated with a development stage company. All such forward-looking statements, whether written or oral, and whether made by or on behalf of the company are expressly qualified by these cautionary statements. In addition, the company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof.