RecycleNet Launches Two New Internet Portals

November 02, 2000, 2000

Tom Hattle of RecycleNet Corporation (OTC GARM) is pleased to announce the launch of two new Internet portals.

Today, RecycleNet launched the web site KWautoexchange.com, a used vehicle exchange serving the regional marketplace of Kitchener-Waterloo, Canada. KWautoexchange.com allows used vehicle dealers in the Kitchener-Waterloo region to list their used vehicle inventories online. KWautoexchange.com is an extension of RecycleNet's dynamic auto.recycle.net used vehicle exchange network.

This week, RecycleNet launched india.metalworld.com a b 2 b exchange covering the entire spectrum of metals, alloys and metal products for both the secondary and virgin materials supply chain. india.metalworld.com extends the scope of RecycleNet's recent acquisition of metalworld.com expanding its global market penetration.

KWautoexchange.com and india.metalworld.com are operated using the Rhodium WebWeaver Turnkey E-commerce system. The Rhodium WebWeaver gives anyone, anywhere the ability to develop an Internet marketplace from scratch, typically within five business days.

In other news, visits to RecycleNet's anchor web site, Recycler's World (www.recycle.net) have surpassed the milestone of over 27 million page views. RecycleNet continues to pursue its aggressive plans of merger, acquisition, strategic alliance and rapid internal organic growth.

For further information contact:

Tom Hattle
RecycleNet Corporation

Tel. (519) 767-2913

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