Asia.recycle.net launched by RecycleNet Corporation

December 19, 2000

Tom Hattle of RecycleNet Corporation (OTC GARM) is pleased to announce the launch of asia.recycle.net, Asia's Recycling Marketplace.
(web site address: asia.recycle.net)

The launch of asia.recycle.net initiates a strategic step in RecycleNet Corporation's expansion of both its business-to-business (b2b) and business to consumer (b2c) based Internet portal operations on an International Scale and compliments the successful launch of the portal euro.recycle.net earlier this fall.

The operating platform for asia.recycle.net's b 2 b exchange is the Rhodium WebWeaver Turnkey E-commerce System, distributed by RecycleNet Corporation. The Rhodium WebWeaver TurnKey E-commerce System allows anyone anywhere to launch a fully functional online exchange, typically within 5 business days. The Rhodium WebWeaver provides unprecedented speed to market in the implementation of b2b and b2c marketplaces.

In other news, visitors to RecycleNet Corporation's anchor web site, Recycler's World (web site address www.recycle.net) have viewed more than 29 million web pages to date! Recycler's World was established in 1995 and now services a repetitive user base from more than 150 countries worldwide.

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 - ASP Division

Tel. (519) 767-2913

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