Bentley Communications Corp. VirtualBarter 3.0 Software Goes Online.Business Editors LOS ANGELES--(BUSINESS WIRE)--Dec. 10, 2003 Local, Regional, National and Industry Specific Trade Exchanges Start Joining Its Online Global Marketplace Bentley Communications Corporation (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :BTLY), the emerging leader in the online barter industry, today announced that VirtualBarter, its comprehensive suite of trade exchange management software that builds and enables an Internet based worldwide network of barter and trade exchanges, successfully went online as planned on Monday, December 8, 2003. Local, regional, national, international and industry specific exchanges are joining its worldwide network www.bentley.vbarter.com and using its software. "We are receiving an overwhelmingly positive reception to the new software from exchanges throughout the U.S. and Canada, from San Diego, California “San Diego” redirects here. For other uses, see San Diego (disambiguation). San Diego is a coastal Southern California city located in the southwestern corner of the continental United States. As of 2006, the city has a population of 1,256,951. to Moncton, New Brunswick New Brunswick, province, Canada New Brunswick, province (2001 pop. 729,498), 28,345 sq mi (73,433 sq km), including 519 sq mi (1,345 sq km) of water surface, E Canada. ," said Joe 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. , president of Bentley's Crump Barter Network. "Based on this, we expect to soon have a large number of our exchanges trading online and participating in our worldwide global network." Bentley's Crump Barter Network is comprised of 180 local barter exchanges and about 50,000 members that trade through them. It represents approximately 30 percent of the barter exchanges in the USA and 50 percent of those in Canada. In addition to national, regional and local trade exchanges joining the system, exchanges are being set up to cater to specific industries as well as nonprofit organizations Nonprofit Organization An association that is given tax-free status. Donations to a non-profit organization are often tax deductible as well. Notes: Examples of non-profit organizations are charities, hospitals and schools. . Examples include: www.tradeart.vbarter.com that will enable artists to trade their art work for the products and services they need; www.hospitality.vbarter.com an online trade marketplace to enable hotels, resorts, bed & breakfasts, cruise lines
Name Headquarters A'rosa Europe NCL America America AIDA Cruises Europe American Cruise Lines America , restaurants and others in the hospitality industry, to purchase furniture, fixtures, equipment and supplies at below standard wholesale pricing by partially paying for purchases with excess room night and food and beverage F&B is a common abbreviation in the United States and Commonwealth countries, including Hong Kong. F&B is typically the widely accepted abbreviation for "Food and Beverage," which is the sector/industry that specializes in the conceptualization, the making of, and delivery of foods. capacity; and www.truma.vbarter.com that will enable qualified non-profit organizations to more efficiently acquire and convert donated gifts in kind to other products and services more useful to their organizations. Bentley licensed VirtualBarter software exclusively for 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. , which is the cornerstone for its worldwide collaborative trade alliance. This software is also intended to eliminate barriers to trade by providing new multi-lingual, multi-currency trading for barter and trade exchanges, and their members worldwide. International exchanges, including one in Paris, France, will be using the software as part of the global marketplace. In addition, Bentley has already developed a strategic relationship with a new emerging trade exchange network in the Middle East. About the Barter Industry The International Reciprocal Trade Association estimates that in the U.S. alone, over 470,000 companies actively participate in barter for a total of over $12 billion in annual sales. Over 65% of the corporations listed on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. are presently using barter to reduce surplus inventory, bolster sales and ensure that production facilities run at near capacity. The U.S. Department of Commerce estimates that 20 to 25% of world trade is now barter, and corporate barter is already a growing $20 billion worldwide industry. About Bentley Communications Corporation: Bentley Communications 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 proprietary software. Bentley intends to serve as a clearinghouse for barter trades for fortune 500 trading partners, hundreds of existing retail barter exchanges that serve companies of all sizes, corporate barter companies that serve large multinational corporations
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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