RecycleNet Corporation Acquires fiberglass.com,
inc.
January
02, 2001
Paul
Roszel, Chairman of RecycleNet Corporation (OTC: GARM) is
pleased to announce the completion of the acquisition of
fiberglass.com, inc. The acquisition of fiberglass.com,
inc. places RecycleNet Corporation in a position to expand
its profitable business model. This gives RecycleNet Corporation
vertical integration of its b2b marketplace, Internet portal,
and online exchanges into the glass, fiberglass and composite
market supply chain.
fiberglass.com,
inc. operates Fiberglass World (www.fiberglass.com)
and House of Glass (www.glasschange.com),
two Internet portals focused on the worldwide glass and
fiberglass industry and covers the entire spectrum of related
products and services.
The
acquisition of fiberglass.com, inc. reinforces RecycleNet
Corporation's strategic position to pursue its aggressive
plans of merger, acquisition, strategic alliance, joint
ventures and rapid internal organic growth.
For
further information contact:
Paul
Roszel
RecycleNet Corporation
Tel.
(519) 767-2913
1999
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2000
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