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BarterQuest Announces Site Will Support Donations to Qualified Charities.


NEW YORK New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 -- BarterQuest.com, a Web site under development, announced that it will encourage users to consider donating their items to qualified charities as an alternative to trading. BarterQuest.com will be a trading platform for the individual consumer that automatically matches the haves and wants of potential traders. Users will be able to designate the items they have to trade as also available for possible donation and charities that have registered with the site will be able to search for wanted items.

Michael Satz, the Chairman and 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. , stated that "as a site that could attract millions of items to a virtual marketplace, BarterQuest is naturally positioned to bring together the needs of charities with the goods and services In economics, economic output is divided into physical goods and intangible services. Consumption of goods and services is assumed to produce utility (unless the "good" is a "bad"). It is often used when referring to a Goods and Services Tax.  of individuals. This is consistent with the inherent nature of the site as a contributor to the common good. BarterQuest is after all a giant recycling engine that can serve to mitigate the negative environmental impacts of our disposable culture."

BarterQuest.com is owned by JPM JPM J. P. Morgan Chase & Co. (stock symbol)
JPM Juan Pablo Montoya (formula 1 driver)
JPM Jabatan Perdana Menteri (Malaysia)
JPM Journal of Property Management
 Global, Inc., a Delaware corporation A Delaware corporation is a corporation chartered in the U.S. state of Delaware. Delaware is well known as a corporate haven, and thus, over 50% of US publicly-traded corporations and 58% of the Fortune 500 companies are incorporated in the state. . BarterQuest.com will be an interactive Web site for the cashless exchange of goods, services, and the use of real estate between individual consumers. Keyword searches and the automatic matching of the haves and wants of users will facilitate two-party and multi-party trades. The Web site is undergoing alpha testing (programming) alpha testing - Testing of software at the developer's site by the customer. The stage before beta testing.  and will launch in 2008.

Except for historical information contained herein, this news release may contain forward looking statements that are subject to risks and uncertainties.
COPYRIGHT 2008 Business Wire
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Copyright 2008 Gale, Cengage Learning. All rights reserved.

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Publication:Business Wire
Date:Apr 22, 2008
Words:247
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