POLYchange.com - Launches Plastics Recycling Exchange

August 15, 2001

Andrew (Andy) Osadca of RecycleNet Corporation (OTC GARM) is pleased to announce the launch of POLYchange.com (POLYchange.com), the newest b2b portal in RecycleNet's comprehensive group of e-commerce marketplaces.

POLYchange.com features the AL-TO-MATE Plastics Exchange (APE), a plastic & polymer recycling marketplace. Anyone, anywhere, with access to the Internet may use the free buy/sell/trade AL-TO-MATE Plastics Exchange (APE) system to sell or buy scrap plastic, polymers & resins.

POLYchange.com is a specialized global online exchange that provides an opportunity for generators and consumers to trade any quantity of scrap plastic, regrind plastic and reprocessed resins.

The POLYchange.com b2b marketplace was established using the Rhodium WebWeaver turnkey e-commerce platform, a dynamic application that specializes in the delivery of e-commerce portals.

In other news, Richard R. Ivanovick, CA, the Chief Financial Officer of RecycleNet Corporation (OTC GARM) has reported the Q2 results for the three months ending June 30, 2001 resulting in 6 consecutive profitable quarters.

RecycleNet has distinguished itself among an elite group of companies that have developed a business model that derives a profit from the Internet. Looking forward, RecycleNet is well positioned to execute its strategy of getting it right, getting it profitable and then getting it big.

RecycleNet Corporation is continuing to expand to meet the needs of its clients, and provides Global Access to Recycling Markets (GARM).

For further information contact:

Richard R. Ivanovick, CA
RecycleNet Corporation

Tel. (519) 767-2913

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