RecycleNet Corporation Celebrates Five Years Online!

May 2, 2000

Guelph, Ontario, May 2nd, 2000 - RecycleNet Corporation (OTC Pink Sheets: GARM) is pleased to announce that its web site Recycler's World (www.recycle.net) has been online for five years.

"Recycler's World went online on May 1, 1995 and had just over 1,000 page views in its first month" said Paul Roszel, founder and Chairman of RecycleNet Corporation. "Today we are pleased to mark our fifth year online with more than One million pages viewed in the month ended April 30, 2000!" Roszel continued "Visitors to the Recycler's World web site have now viewed over 21.5 million web pages in total since May 1995".

In celebration of these milestones, RecycleNet Corporation has announced a new online service. Streaming Video will now be available on Recycler's World, giving clients the ability to advertise their company, products or services online in a video format. The addition of this technology further enhances the many information services provided by RecycleNet Corporation.

RecycleNet Corporation is a world leader as a turnkey b 2 b Application Software Provider (ASP) through the distribution of the Rhodium WebWeaver.

For further information contact:

Tom Hattle
RecycleNet Corporation

Tel. (519) 767-2913

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