RecycleNet Announces 23 Percent Sales Increase

Salt Lake City -- RecycleNet Corp. has reported net earnings of $16,110 on net revenues of $526,630 for the first quarter of 2004, compared to a net loss of $23,249 on net revenues of $427,819 for the first quarter of 2003. The company believes the improvements stem from the addition of new services, such as http://www.oldwebsites.com, the regional waste exchange network http://www.waste.net and a wider acceptance of its trading platform.