City of Calgary E-Cycle Roundup 2004 a Tremendous Success; Maxus Technology Corporation Congratulates Calgarians - Proud to Participate


MORGAN HILL, Calif., June 9, 2004 (PRIMEZONE) -- Maxus Technology Corporation, (OTCBB:MXUS) a leading provider of eWaste and Asset Recovery solutions, today announced that over 683,400 pounds of eWaste were collected from thousands of Calgary residents during another successful eWaste Roundup held in partnership with the City of Calgary, Alberta, Canada. This marks the second successful year of Calgary's E-cycle Roundups resulting in over 1.1 million pounds of eWaste being collected and processed by Maxus Technology Corporation - a proud participant.

"The overwhelming success of The City of Calgary E-cycle Roundup for a second year in a row demonstrates the strong support for electronic recycling and the growing concern our communities have regarding environmental issues " added Shelley Whatmore, President of Maxus Technology. "The enormous amount of eWaste collected at this year's event demonstrates a need for more municipality based eWaste programs like this on a national scale and we applaud Calgary's support and efforts during this year's event".

"EWaste Legislation and community awareness programs in both the United States and Canada are making businesses and all levels of government more cognizant than ever of the increasing need for eWaste recycling and Asset Recovery Programs in their respective areas." Said David Smith, Chief Executive Officer of Maxus Technology. "Maxus continues to work with North Americas largest companies and organizations to help them remodel their Asset Recovery programs to maximize return and minimize environmental impact".

About Maxus Technology Corporation

Maxus Technology Corporation was founded in 1994 as an asset recovery expert for the telecom industry and was an early pioneer in the pre-owned technology marketplace. In the last 10 years of serving customers worldwide, we have developed in-depth asset recovery and eWaste expertise, extensive supply-and sell-side networks. Maxus has an international sourcing network enabling us to secure in-demand products. Maxus clients have come to depend on us for providing high-value solutions in Asset Recovery, eWaste Recycling, Logistics and Product Sourcing. In a fragmented market crowded with small, unsophisticated operations, Maxus continues to remain a trusted and respected resource.

Maxus has its executive offices at 18300 Sutter Boulevard, Morgan Hill, CA 95037 and its telephone number is 1.408.782.2005. The company website can be found at www.maxustech.com.

Safe Harbor

Information in this news release or on this website may contain statements about future expectations, plans, prospects or performance of Maxus Technology Corp. that constitute forward-looking statements for purposes of the safe harbor provisions under the Private Securities Litigation Reform Act of 1995. The words or phrases "can be," "expects," "may affect," "believed," "estimate," "project," and similar words and phrases are intended to identify such forward-looking statements. Maxus cautions you that any forward-looking information provided by or on behalf of Maxus is not a guarantee of future performance. None of the information on this website constitutes an offer to sell securities or investment advice of any kind, and visitors should not base their investment decisions on information contained in this website. Maxus Technology Corp.'s actual results may differ materially from those anticipated in such forward-looking statements as a result of various important factors, some of which are beyond Maxus's control, in addition to those discussed in Maxus's press releases, public filings, and statements by Maxus's management, including, but not limited to, Maxus's estimate of the sufficiency of its existing capital resources, Maxus's ability to raise additional capital to fund future operations, Maxus's ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities and, in identifying contracts which match Maxus's capability to be awarded contracts. All such forward-looking statements are current only as of the date on which such statements were made. Maxus does not undertake any obligation to publicly update any forward-looking statement to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events.


            

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