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Bentley Commerce Corp. Processed $2 Million in Trade Volume, Earns $80,000 in Trade Fees in Its First Month as an Operating Company.


Business Editors/High-Tech Writers

LOS ANGELES--(BUSINESS WIRE)--Feb. 2, 2004

Bentley Launches New Trade Venue for Trade Exchanges featuring Cash

and Trade "Blends"

Bentley Commerce Corp. (OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
:BLYC) processed close to $2 million in total trade volume and booked more than $80,000 in trade fees in January 2004, its first month going from a concept company to an operating business. Moreover, 19 independent trade exchanges went online with Bentley's new Virtual Barter 3.0 Software and 15 other exchanges are anticipated to be online by mid-February. These independent exchanges manage barter and trade transactions for more than 5,000 small to midsize companies.

"These 34 exchanges are the first of the 180 exchanges that comprise the Bentley Crump crump  
v. crumped, crump·ing, crumps

v.tr.
1. To crush or crunch with the teeth.

2. To strike heavily with a crunching sound.

v.intr.
 Barter Network, to go online with the just introduced VirtualBarter 3.0 software, and join our online global trading network," said Joe Crump, president of the Bentley subsidiary. "Trade volume started up very strong and trade offers are being posted to our 'powered by Bentley VirtualBarter' websites daily. We're getting incredible positive feedback from exchange owners about the new Bentley VirtualBarter 3.0 software launch. We expect that many other trade exchange owners will soon join those that are moving their membership bases to our online global trading network."

"We believe that this first month is merely an indication of great things to come," said Bruce Kamm, Bentley's new 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. . "Activity should grow exponentially as more and more trade organizations continue to join our collaborative online trade network, and the array and scope of the products and services they offer for barter increases. The trade economy we are creating through Bentley's relational online trading Online Trading

Making trades via the Internet.

Notes:
The use of online trading increased dramatically in the mid to late 1990's with the advent of high-speed computers and Internet connections. Stocks, bonds, options, futures, and currencies can all be traded online.
 services has many similarities to traditional economies. As confidence levels rise in the future of the economy, so too will participant's comfort and spending habits."

In Other News:

Bentley today launched another trade venue developed specifically for trade exchanges and their members that market products and services for payment in a combination of cash and barter, typically called "blends." Historically, the majority of trade exchange members in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere.  barter products and services using trade dollars, usually buying and selling at 100% trade.

"There are many exchanges that feel that larger trading volumes Trading volume

The number of shares transacted every day. As there is a seller for every buyer, one can think of the trading volume as half of the number of shares transacted. That is, if A sells 100 shares to B, the volume is 100 shares.
 and sales of higher priced products can be achieved by promoting payment terms in a combination of cash and trade," said Mr. Kamm. "Rather than have these independent exchanges alter the way they do business to conform to Verb 1. conform to - satisfy a condition or restriction; "Does this paper meet the requirements for the degree?"
fit, meet

coordinate - be co-ordinated; "These activities coordinate well"
 our trading platform and trade exchange network, or be excluded from participating in the network, we instead enhanced our software to include and integrate these blended exchanges, to enable Bentley to capitalize on Cap´i`tal`ize on`   

v. t. 1. To turn (an opportunity) to one's advantage; to take advantage of (a situation); to profit from; as, to capitalize on an opponent's mistakes s>.
 this excellent opportunity."

About Bentley Commerce Corporation:

Bentley Commerce Corp. is a business-to-business, Internet e-commerce company that seeks to establish a new marketplace and distribution channel for worldwide barter and trade. Through the development of a seamlessly integrated family of online barter services, it envisions that most barter transactions can be handled in real time, with its proprietary VirtualBarter software. Bentley intends to serve as a clearinghouse for barter trades for fortune 500 trading partners, scores of existing retail barter exchanges that serve companies of all sizes, corporate barter companies that serve large multinational corporations

Main article: multinational corporations

  • ABB
  • ABN-Amro
  • Accenture
  • Aditya Birla
  • Affiliated Computer Services Inc
  • Airbus
  • Allianz
  • Altria Group
  • American Express
  • Akzo Nobel
  • Apple Inc.
, trade associations and their member companies, as well as media and travel agencies.

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.
:

With the exception of historical information, this news release and accompanying information may include forward-looking statements that involve a number of risks and uncertainties. Actual results could differ materially from those anticipated as a result of various risks. There are numerous factors that could contribute to such differences, therefore such projected events and anticipated results are not warranties or guaranties that such events will occur or that the Company will achieve such results. For more information about this corporation and risks involved in the investment of their publicly traded shares, please see the company's website(s), and/or documents filed with the SEC, which are easily accessible in the EDGAR Edgar or Eadgar (both: ĕd`gər), 943?–975, king of the English (959–75), son of Edmund, king of Wessex. In 957 the Mercians and Northumbrians rebelled against Edgar's brother Edwy and chose Edgar as their king.  database system.
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Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Feb 2, 2004
Words:660
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