Bruce Kamm, Highly Regarded Barter & Trade Industry Executive, New CEO of Bentley Commerce Corporation.Business Editors/High-Tech Writers LOS ANGELES--(BUSINESS WIRE)--Jan. 21, 2004 Bruce Kamm, one of the barter and trade industry's most experienced and highly regarded executives, has been named 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 Bentley Commerce Corporation (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :BLYC), effective February 1, 2004. www.bentleycommerce.com is the emerging leader in online barter and trade. "Bruce Kamm brings 20 years of experience, leadership and extraordinary accomplishments in the barter and trade industry that will be of incredible value to Bentley," said Gordon Lee Gordon Lee may refer to:
Mr. Kamm is the developer of VirtualBarter software that enables exchanges and their members to manage, merchandise and market their products and services in an online barter marketplace to an integrated worldwide network of trade exchanges. It has made global 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. possible since January 2000. He is also the founder and CEO of Intertrade Capital Group, a global alliance organization that enables barter, trade, countertrade Countertrade A trade between two countries by which goods are exchanged for other goods rather than for hard currency. Notes: Sometimes both parties are happy with the goods they receive other times one country will liquidate the received asset, ultimately receiving cash , asset management and alternative capital and financial transactions to greatly expand liquidity and bottom-line profitability. At Intertrade he engineered numerous alternative finance and corporate trade transactions for many of America's foremost companies. Previously, Mr. Kamm established an ITEX ITEX International Tundra Experiment ITEX Interactive TTCN Editor and Executor office in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. , which in less than one year became ITEX'S largest and most successful exchange and facilitated the highest amount of trade volume and revenues of any ITEX office for seven consecutive years, culminating in over $16 million in annual trade volume in 1999. In addition, Mr. Kamm founded TradeBanc, at the time, the first and only Internet-based transactional trade banking system that enabled barter transactions, trade finance and asset auctions between small, medium and large national and international companies on a global basis. He was co-founder of UNITE, the global trade network of barter and trade exchanges. Mr. Kamm also founded and managed a real estate development company that specialized in using trade and offset as a component in many of its real estate and construction transactions. Bentley's executive management team will consist of Mr. Lee, chairman of the board and chief financial officer; Mr. Kamm, chief executive officer; Robert Schumacher, president and chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. ; and 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 the Bentley Crump Barter Network with its membership of 180 independent local barter exchanges and about 50,000 members that trade through them. About Bentley Commerce Corporation: Bentley Commerce Corporation is a business-to-business, Internet e-commerce company that seeks to establish a new marketplace and distribution channel for worldwide barter and trade. Bentley is working towards becoming the online "market maker" for the barter industry -- a neutral intermediary that brings together fragmented multiple groups of buyers and sellers online. 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
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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