RecycleNet Announces 23 Percent Sales Increase

May 6, 2004 10:19 AM, Erin Spinka

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.

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