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Recyclers Introduce Internet Based Trading System for Auto Recyclers

30 October 1997

United Recyclers Group and Actual Systems of America Introduce Internet Based Trading System for Automotive Recyclers

    FLORENCE, Ala., Oct. 30 -- United Recyclers Group, LLC (URG)
today announced its introduction of an Internet based trading system,
URGNET(TM).  URG will implement the system with its new joint venture partner,
Actual Systems of America, LLC (ASA).
    ASA is based in Denver, Colorado and was recently formed as a joint
venture between its principal, Peter Riddle and URG.  Riddle is the sole owner
of Actual Systems UK, a provider of computerized recycler information
management systems (RIMS) in the United Kingdom.  Actual Systems UK utilizes
the Internet in its European installations, with its own server.  ASA will
install its U.S. server at the Denver location to serve URG members in
North America.
    URG's 209 members collectively hold inventories of over four million auto
parts.  As URG's members install ASA's new computer system, the Pinnacle Auto
Recycling Trading System(TM) and URGNET(TM), they will each have access to the
entire inventory database of over three million recycled auto parts.  The
system will be updated nightly via the Internet to reflect parts sold or
added.  Members can communicate with each other and their customers,
discussing or ordering parts, utilizing the Internet.

SOURCE  United Recyclers Group, LLC