RecycleNet Corporation Reports 76% Increase In Profits

November 15, 2000

Richard Ivanovick, CA, Chief Financial Officer of RecycleNet Corporation (OTC GARM) is pleased to report the company's third consecutive profitable quarter. Third quarter results for the period ending September 30, 2000 show an increase in profit of 76% over the previous quarter.

Year to date RecycleNet Corporation has recorded a 433% increase in revenues over the same period last year.

RecycleNet Corporation continues to pursue its aggressive plans of merger, acquisition, joint ventures, strategic alliance and rapid internal organic growth.

In other news, visits to RecycleNet's anchor web site, Recycler's World (www.recycle.net) have surpassed the milestone of over 28 million page views.

In the past week RecycleNet Corporation has launched www.printchange.com, a b2b exchange portal targeted to the trade of used printing equipment.

RecycleNet Corporation is a world leader in turnkey b2b software distribution through the Rhodium WebWeaver Turnkey E-Commerce System.

For further information contact:

Tom Hattle
RecycleNet Corporation

Tel. (519) 767-2913

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