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BarterCardUSA Strikes Strategic Alliance With Federal Chamber of Commerce.


Business Editors

LOS ANGELES--(BUSINESS WIRE)--April 15, 2003

Bentley Communications Corporation (OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
: BTLY) is pleased to announce today that BartercardUSA (www.bartercardusa.com) has entered into an agreement with the Federal Chamber of Commerce (www.federalchamber.org) to bilaterally offer business services to its membership bases.

The Federal Chamber of Commerce (FCOC FCOC Fuel Cooled Oil Cooler ) provides the strongest benefits and programs available to the business community and is a clearinghouse for American businesses to come together to create, produce and distribute the products, services, and ideas that have made America the strongest, greatest nation in the world. The FCOC provides services to tens of thousands of members who receive affordable health benefits, group rate discounts for communications services, legal benefits and travel & entertainment savings. The Federal Chamber of Commerce continues to leverage the Internet with web accessible self-service applications A software application that allows a user to obtain information or complete a business transaction on the computer that has traditionally required the help of a human representative. Voice response systems and Web sites are widely used for self-service applications. See kiosk. , delivering employer and employee news, and providing guidance to help companies meet the challenges of today's dynamic world business climate. "This strategic alliance is very exciting because it offers our Chamber members an opportunity to engage in business with each other in a meaningful and cost effective manner. What's good for our members is good for the Chamber," says Arnie Katz, Chairman FCOC.

BartercardUSA holds the American licensing rights for Bartercard International, which is the world's largest trade and barter barter: see exchange.
barter

Direct exchange of goods or services without the use of money or any other intervening medium of exchange. Barter is conducted either according to established rates of exchange or by bargaining.
 company with franchises in 14 countries. Currently, the parent company is facilitating more than 1.2 billion dollars worth of trade each year and over 50 million dollars in earnings in 2002. BartercardUSA was launched in April 2002 and currently has 18 offices and more than 2,000 member businesses with projected growth to over 20,000 by '05.

The effect of this strategic alliance is twofold. BartercardUSA will build its trade platform wider and stronger in the US market and may become the dominant trade organization in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area.  as well as the world trading community. These additional trade members will produce significant revenue streams for the company and accelerate BartercardUSA's ability to meet and exceed its business plan. This should add fundamental value to the shareholders equity in Bentley Corporation and add to the growth of the company and stock value.

"The synergy of this deal is phenomenal for BartercardUSA and for the Federal Chamber of Commerce," says Mark Savoy, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of BartercardUSA. "We have a robust trading system The introduction to this article provides insufficient context for those unfamiliar with the subject matter.
Please help [ improve the introduction] to meet Wikipedia's layout standards. You can discuss the issue on the talk page.
 in place and can accommodate great numbers of new member that the FCOC is bringing us. Furthermore, the FCOC truly provides valuable services to its members that our organization will be able to benefit from. This deal is a true win/win!"

About Bentley Communications Corporation:

Bentley's focus has been on the implementation of e-commerce services such as Internet payments via ATM cards An ATM card (also known as a bank card, client card, or cash card) is an ISO 7810 card issued by a bank, credit union or building society.

Its primary uses are:
, including the development of ATM@Home(TM), Bentley's own card payment system. This system will provide a much-improved user-friendly experience for the consumer with the combined barter and financial transactions now in the works. In addition, this new payment solution will provide instantaneous in·stan·ta·ne·ous  
adj.
1. Occurring or completed without perceptible delay: Relief was instantaneous.

2.
 credits to the merchant whether transactions are via cash, trade or blend. Bentley Communications can provide payment solutions for any company on or off line.

Forward-Looking Statements forward-looking statement

A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections.
:

Certain statements in the news release may constitute "forward-looking" statements within the meaning of section 21E of the Securities Exchange Act of 1934. Such forward-looking statements involve risk, uncertainties, and other factors, which may cause the actual results, performance expressed or implied by such forward-looking statements to differ materially from the forward-looking statements.
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2003, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Apr 15, 2003
Words:575
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