Go Green This Holiday Season: Give and Receive Free Stuff Online at Kashless.org;Earn Retail Discounts and Gift Cards with `Kashless Rewards`

Tue Nov 3, 2009 7:08am EST

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

Kashless.org and RecycleBank Team up to Reward Consumers for Recycling Online
This Holiday Season
SEATTLE--(Business Wire)--
Kashless.org, the world`s largest free online marketplace and community, and
RecycleBank, the world`s premier currency for rewarding green actions, today
announced `Kashless Rewards,` a new program which rewards consumers for going
green and recycling items online at Kashless.org. 

Beginning today, post or pick up any quality second-hand item on Kashless.org,
and earn Points that can be redeemed for gift cards, travel discounts, apparel,
restaurants, groceries, and a variety of other products and events at hundreds
of local and national retailers. Any quality item will work including
second-hand clothes, blankets, food, electronics, entertainment, furniture, toys
- just about anything taking up space around your house or garage. In addition
to earning Points by listing or picking up items on Kashless.org, you can also
earn Points by inviting friends to participate, creating saved searches and
more. Simply setting up a Reward Points account and posting your first item on
Kashless will typically earn you enough Points to claim your first reward. 

"This program is an easy way for people to go green for the holidays by
recycling and reusing items online that may otherwise be headed to a landfill,"
said Martin Tobias, CEO/Founder of Kashless.org. "This year go Kashless and
give, receive, earn great rewards, and most important, make a real difference in
someone`s holiday season." 

Kashless.org is the world`s largest free online marketplace and community, where
people come together to look for things they want, share useful items they no
longer need, and no money changes hands - everything on Kashless is absolutely
free. Kashless.org is also the easiest, safest, most connected free marketplace
and community online. Unlike other free sites, Kashless makes it easy to:

* Browse and search listings by neighborhood and category in more than 100 U.S.
metro areas 
* Search aggregated listings from multiple other free sites simultaneously 
* Save searches or post `Wanted` listings for items you want and we`ll e-mail or
text you when they are available 
* Post items you are giving away or searching for to your Facebook or Twitter
page, as well as other free sites - all with one post to Kashless 
* Access local maps and driving directions showing where available items are
located 
* Get a tax deduction receipt for donating items online 
* Buy postage through Kashless and have items mailed to you from across town or
across the country 
* Create a free private community within Kashless where a business, non-profit,
or community group can accept donations (e.g. church groups, sports teams,
school PTAs, etc.) 
* Track the benefits of your participation, including offset carbon emissions,
greenhouse gases and waste diverted from landfills

The `Kashless Rewards` program is powered by RecycleBank, the world's premier
currency for rewarding green actions. Reward partners include national retailers
such as Coca-Cola, Kraft, CVS/pharmacy, Olive Garden, Ruby Tuesday, and Bed,
Bath & Beyond. Gift card options include Gap, Amazon.com and many more. You can
even donate your RecycleBank Points to participating local school environmental
programs, charities and non-profits. 

"RecycleBank started by rewarding people for recycling and we are excited by the
opportunity to now extend our rewards program to reward people for the reuse of
goods," said Ron Gonen, co-founder/CEO of RecycleBank. 

RecycleBank was founded with the belief that environmental solutions create
economic opportunities. RecycleBank motivates people to become greener citizens
and smarter consumers by rewarding them for recycling at home or making reuse a
priority. With a powerful and robust rewards program, there is a reward for
everyone for doing their part to make the world a bit greener. An important part
of what we do at RecycleBank is to let consumers know that there is an economic
value to taking the environmentally smart action. 

ABOUT KASHLESS

Kashless.org is the world`s largest free online marketplace and eco-friendly
community. Kashless.org connects forward-thinking individuals from all walks of
life that share a common interest in recycling, keeping useful items out of
landfills, and making the world a better place for this and future generations.
Kashless.org members have access to a thriving marketplace and community which
includes listings for over 650,000 recycled items available in more than 100
U.S. metro areas and surrounding neighborhoods. Kashless.org was founded by
serial entrepreneur and venture capitalist Martin Tobias in 2008, and is funded
by RRE Ventures, NYC. Kashless is headquartered in Seattle, Washington. For more
information, join the Kashless Krew online at www.kashless.org. Fan us at
www.Facebook.com/Kashless and follow us at www.Twitter.com/Kashless. 

ABOUT RECYCLEBANK

RecycleBank partners with cities to increase recycling, collection efficiency
and to support local economies. RecycleBank utilizes its proprietary software
and three-step process Recycle, Record, Reward to measure the amount of material
each home recycles and then convert the amount recycled into RecycleBank Points
that can be used to shop at hundreds of local and national rewards partners.
RecycleBank currently provides service to more than one million members across
the U.S. and the U.K. and has over 2,000 local, regional and national businesses
that accept RecycleBank Points earned for recycling. RecycleBank has been
recognized with a number of business and environmental awards, including as a
Technology Pioneer by the World Economic Forum and as a Champion of the Earth by
the United Nations Environmental Programme. Ron Gonen is the co-founder and CEO
of RecycleBank and investors include Sigma Partners, RRE Ventures, Kleiner
Perkins Caulfield and Byers, Generation IM, The Westly Group and Columbia
University. RecycleBank is a global company headquartered in New York City. For
more information, visit www.RecycleBank.com, fan us at
www.Facebook.com/RecycleBank and follow us at www.Twitter.com/RecycleBank.

Kitsap Public Relations
Nate Murphy, 206-618-2790
nate@kitsap-pr.com

Copyright Business Wire 2009

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