<b>Recycle.net Launches European Site</B>

RecycleNet Corp. announced the launch of euro.recycle.net, Europe's Recycling Marketplace, .web site address http://euro.recycle.net)

The site, euro.recycle.net is a comprehensive Internet portal providing the European recycling marketplace the opportunity to buy/sell/trade the entire spectrum of recycled materials including all grades of scrap metals, non-metallic materials, second hand goods, eco-friendly products and used equipment.

The launch of euro.recycle.net is a strategic step in the evolution of RecycleNet Corp.'s mandate to provide Global Access to Recycling Markets by responding to the demand for a European specific marketplace. The operating platform for euro.recycle.net's b2b exchange is the Rhodium WebWeaver Turnkey E-commerce System, distributed by RecycleNe.

In other news, RecycleNet announced the addition of Ogilvie Rothchild Inc. and Vantage Point Capital as strategic partners on RecycleNet's Corporate Development Team.

September 2000
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