RecycleNet Corporation Launches boat.recycle.net !

July 7, 2000

RecycleNet Corporation is pleased to announce the launch of boat.recycle.net - the Internet's used boat marketplace.

The launch of boat.recycle.net initiates a strategic step in RecycleNet Corporation's expansion of both it's business-to-business (b2b) and business to consumer (b2c) based Internet portal operations and compliments last summer's successful launch of the portal auto.recycle.net.

boat.recycle.net provides anyone anywhere the opportunity to buy/sell/trade used boats and water sport equipment as well as give used boat dealers the ability to list their entire inventory online!

RecycleNet Corporation also announced today the appointment of Keith A. Deck to the board of directors of RecycleNet Corporation. Mr. Deck has extensive background in the start up and growth of Business Ventures and will be a valued addition to the RecycleNet team.

RecycleNet Corporation operates the web site Recycler's World (www.recycle.net) and is celebrating a new milestone achieved this week - visitors to the Recycler's World web site have viewed over 23.5 million web pages.

With the combination of the overwhelming traffic volume at www.recycle.net and its profitable business model RecycleNet Corporation is well positioned to pursue its aggressive plans of merger, acquisition, strategic alliance and rapid internal organic growth. RecycleNet Corporation trades OTC: GARM.

For further information contact:

Tom Hattle
RecycleNet Corporation

Tel. (519) 767-2913

1999 News Releases
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