RecycleNet Corporation appoints strategic partner to help pursue long-term growth plans

February 4, 2000

Waterloo, Ontario, Feb 4/2000 - RecycleNet Corporation (OTC Pink Sheets: GARM) announced today that it has recently appointed The EdgeMark Group an Investor Relations (IR) firm, to provide immediate and long-term support for the Company's growth plans.

"RecycleNet Corporation has made a number of strategic moves in the past several months, one of which is the necessary filings to list the company on the OTC BB along with entering into an investor relations agreement with The EdgeMark Group" said Mikael Prydz, President and CEO of RecycleNet Corporation. "Our anticipated new listing and our relationship with The EdgeMark Group should greatly increase our shareholder awareness within the financial community."

Based in Waterloo, Ontario, in the heart of the Technology Triangle, The EdgeMark Group is a highly motivated Investor Relations firm providing both IR and financing solutions for clients in the High Tech and Internet sectors. "We are very excited about our newly formed relationship with RecycleNet Corporation and look forward to contributing to the growth of this company" said Tim Ellis, Executive Vice-President of The EdgeMark Group.

RecycleNet Corporation is a world leader in turnkey b 2 b software distribution through the Rhodium WebWeaver as well as a dynamic Internet portal that facilitates e-commerce trading through Recycler's World (www.recycle.net). The completion of recent developments have given RecycleNet Corporation the ability to increase graphic ad revenues by over $21 million per year.

For further information contact:

Tom Hattle
RecycleNet Corporation

Tel. (519) 767-2913

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