<B>RecycleNet Adds To Portal Sites</B>

RecycleNet Corp. announced the launch of two new Internet portals. RecycleNet launched the web site KWautoexchange.com, a used vehicle exchange serving the regional marketplace of Kitchener-Waterloo, Canada. KWautoexchange.com allows used vehicle dealers in the Kitchener-Waterloo region to list their used vehicle inventories online. KWautoexchange.com is an extension of RecycleNet's auto.recycle.net used vehicle exchange network.

RecycleNet also launched India.metalworld.com, an exchange covering the entire spectrum of metals, alloys and metal products for both the secondary and virgin materials supply chain. india.metalworld.com extends the scope of RecycleNet's recent acquisition of metalworld.com metalworld.com expanding its global market penetration.