Georgia Leading in the RecycleNet ROCs Initiative

* Reuters is not responsible for the content in this press release.

Thu Oct 23, 2008 9:31am EDT 

  SALT LAKE CITY, UTAH, Oct 23 (MARKET WIRE) -- 
RecycleNet Corporation (OTCBB: GARM) is pleased to announce that
recycler's in the state of Georgia have embraced the RecycleNet ROCs
program and are the international leaders in reporting recycling
transactions.

    RecycleNet Corporation launched the Recycling Offset Credits (ROCs)
program in June 2008 as a voluntary program for anyone in the world to
report recycling transactions. RecycleNet ROCs program provides a
certified measurement system to recognize and reward companies for their
recycling efforts. RecycleNet will issue/award Recycling Offset Credits
(ROCs) for each ton of material recycled by participants.

    The RecycleNet ROCs program has had participation from companies
throughout the United States as well as the rest of the world.
Participants in the south eastern United States lead by Georgia have
accumulated the most ROC transactions over the first three months of our
program.

    The Recycling Offset Credits (ROCs) program is an effort to provide a
universally recognized standard to measure and certify recycling efforts
and to demonstrate the economic impact of the recycling industry.

    RecycleNet Corporation invites any company, institution or organization
to participate in the voluntary ROCs program by reporting materials
recycled. There is no fee to participate and the program is open and
applicable to anyone in all stages of the recycling/reverse distribution
supply chain.

    About RecycleNet

    RecycleNet operates The Online Secondary Commodities Exchange. Founded in
1995, RecycleNet created a powerful platform to facilitate the
international trade of secondary commodities. RecycleNet Corporation
enables trade on a local, national and international basis with
customized sites locating markets around the world in many different
commodities. On any given day, there are in excess of $200 million in new
items listed within our exchanges.

    In addition to organic growth, RecycleNet Corporation continues to pursue
its aggressive plans of merger, acquisition, joint ventures, and
strategic alliance.

Contacts:
RecycleNet Corporation
Tom Hattle
(801) 531-0404
Email: info@recyclenet.com
Website: www.recyclenet.com

Copyright 2008, Market Wire, All rights reserved.

-0-
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.