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joepcf

03/31/04 3:24 PM

#4154 RE: Scrooge McDuck #4153

(COMTEX) B: RecycleNet Announces Improved Sales for 2003 World's Largest R
B: RecycleNet Announces Improved Sales for 2003 World's Largest Recycling Commun

SALT LAKE CITY, Mar 30, 2004 /PRNewswire-FirstCall via COMTEX/ -- RecycleNet
Corporation (OTC Bulletin Board: GARM) today announced significantly improved
sales for its fiscal year ended Dec. 31, 2003.

RecycleNet (www.recycle.net ), which operates the leading online trading
platform for recyclable industrial materials, reported a 35 percent increase in
sales to $2,259,301, compared to $1,671,050 for 2002.

The Company posted a net loss for the year of $62,926, primarily due to non-cash
expenses in the fourth quarter related to the Company's corporate branding,
marketing and investor relations efforts. In 2002, RecycleNet posted net income
of $24,015.

The Company cited continued strong performance from its Internet portal product
as a key sales driver for the year. Portal sales increased 34 percent in 2003,
with activity rising significantly during the second half of the year. Third-
and fourth-quarter sales increased 61 percent and 52 percent respectively.

That growth was also reflected in RecycleNet's online traffic for the period.
The Company reported 66.5 million page views during the course of 2003 -- a 43%
increase over the number of page views in 2002 -- and 1.8 million unique web
site visitors per month from more than 150 countries worldwide. In the fourth
quarter of 2003, RecycleNet moved to build on that momentum with the launch of
RecycleXchange.com (www.recyclexchange.com ), an online marketplace for buying
and selling recyclable materials in Canada.

"2003 was an important year of growth and investment for RecycleNet," said Paul
Roszel, Chairman and CEO of RecycleNet Corporation. "We continued to increase
the pace of activity across our network and executed key expansion moves,
including the addition of RecycleXchange. We also made an important,
organization-wide commitment to fully develop our brand and get our story told
in the financial marketplace."

As previously disclosed, RecycleNet made significant fourth-quarter investments
in corporate branding, marketing and investor relations aimed at increasing
market-wide knowledge of the company. As these costs were incurred in stock, the
Company had an $115,000 non-cash expense for 2003. Without these costs,
RecycleNet would have posted net income of approximately $52,000 and cut general
and administrative expenses to 22.6 percent of sales, compared to 28.9 percent
in 2002.

RecycleNet Corporation was founded in 1995 as an online trading system for
recyclable materials. The Company has grown its network of trading sites to
serve more than 1.8 million unique users per month, including generators,
brokers, dealers, processors and consumers of recyclable materials such as
glass, metal, rubber, paper, wood and plastic, along with used vehicles and
equipment.

RecycleNet does not buy or sell recyclable materials; instead the Company earns
fees for use of its trading network and other services. For more information
about the company visit the corporate site www.recyclenet.com or Recycler's
World, the hub of its online trading network, at www.recycle.net .

The statements contained in this news release include certain predictions and
projections that may be considered "forward-looking statements" by the
securities laws. These forward-looking statements are identifiable by words or
phrases indicating that the Company or management "expects" or "believes" that a
particular result may occur, or similar statement. These statements involve many
risks and uncertainties that could cause actual results to differ materially,
including but not limited to economic, competitive, governmental and
technological factors affecting the Company's operations, markets, products,
services and prices. Additional information about these and other factors that
may adversely affect these forward-looking statements are contained in the
Company's reports and filings with the Securities and Exchange Commission. The
Company undertakes no obligation to update or revise any forward-looking
statements to reflect developments or information obtained after the date of
this news release.

SOURCE RecycleNet Corporation


CONTACT: Richard Ivanovick of RecycleNet Corporation, +1-801-531-0404;
Don Hunt or Ryan McGrath of Lambert, Edwards & Associates, In
+1-616-233-0500, mail@lambert-edwards.com , for RecycleNet Co

URL: http://www.recycle.net

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joepcf

03/31/04 3:29 PM

#4155 RE: Scrooge McDuck #4153

Hows that for starters. Yes I like it yes I bought it and yes I think it is an easy double from here...... They are suppose to have more pr and a ir firm coming.......
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secureresources

04/02/04 9:06 AM

#4164 RE: Scrooge McDuck #4153

Scrooge. Your decision to encourage posters

to keep active, and involved with the site, is well supported by history. There is nothing like apathy to hurt any endeavor.

Sometimes we are all involved with other things that keep us from the enjoyment of posting, and keeping current with the people who have become so central to our investment life, as well as, our personal happiness and joy. So, the ebb and flow of posting will, by necessity, be like waves breaking on the shore. Sometimes it is just a quiet lapping of small waves, and sometimes those laps are 10, 12 feet tall.....

Keep in mind that even when people are not posting, they have not dried up and blown away. Sometimes they have decided that holding and waiting is the best strategy.

My encouragement to everyone would be to keep on keeping on; and, remember that success is not a destination, but rather a constant and continuous effort to keep involved and winning more than we lose. Old cliche'? Winners never quit, and quitters never win.....

ss