RecycleNet
Celebrates 6 Years of Internet Success!
May
1, 2001
Paul
Roszel, Chairman & founder of RecycleNet Corporation (OTC
GARM) is pleased to report the celebration of 6 years on-line.
RecycleNet's
anchor Internet portal, Recycler's World (www.recycle.net)
went online May 1st 1995 and visitors have viewed over 34
million pages since that time.
At
the core of Recycler's World is "The Recycler's Exchange",
a Free Buy/Sell/Trade listing service that spans the entire
spectrum of scrap, by-products, secondary commodities and
anything used, including all types of equipment and used
consumer goods.
RecycleNet
estimates the trade in recyclable commodities and used goods
in North America to be in excess of $ 300 billion/year.
RecycleNet has firmly entrenched itself as the predominate
trading service covering the recycling industry, including
the used goods market.
RecycleNet's
b-2-b (business to business) trading system for scrap metal,
waste paper, and plastic recycling now spans across the
textile (used clothing and rag) industry, wood and pallet
industry and the tire and rubber industry.
In
addition to recyclable commodities, RecycleNet has developed
several used equipment exchanges, using the power of the
Internet to turn idle assets into cash.
In
the b-2-c area (business to consumer) RecycleNet has added
Free Buy/Sell/Trade services for all types of used consumer
goods that allows anyone anywhere with access to the Internet
to buy, sell or trade anything used.
One
of the most successful free services offered by RecycleNet
is the "Used Auto Parts Finder Service". RecycleNet emails
an average of 15,000 used auto part requests each day. RecycleNet
has developed a turnkey used auto exchange that is marketed
across North America. The Company operates a network of
these on-line used vehicle exchanges the most recent being
the KW Auto Exchange (www.kwautoexchange.com)
in Kitchener/Waterloo Ontario Canada.
Over
the past 6 years RecycleNet has groomed and forged its business
model, proving it can do business on the Internet while
making a profit. RecycleNet recently filed its year 2000
financials, showing solid quarter over quarter profitability.
This truly puts RecycleNet Corporation into an elite class
of Internet businesses.
RecycleNet
is well positioned to pursue is aggressive plans of internal
organic growth as well as pursuing opportunities for merger,
acquisition, strategic alliance, and joint ventures.
For
further information contact:
Tom
Hattle
RecycleNet Corporation
Tel.
(519) 767-2913
2001 News Releases
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