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Article #1269Barter in Alberta - Press release
From: Garland Coulson
Date: Wed, 02 Sep 1998 00:00
Date: Wed, 02 Sep 1998 00:00
55 lines
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3313 bytes
press release LARGEST BARTER EXCHANGE IN NORTH AMERICA ARRIVES IN ALBERTA Exchange Connects Alberta Businesses to over 50,000 Customers in more than 8 Countries Edmonton, September 2,1998 � Andr� Taillefer, President & CEO of ITEX� Canada Corporation is pleased to announce the appointment of Edmonton's Common Sense Solutions as an independent barter broker. Common Sense Solutions joins over 250 offices world-wide in making barter an easy, effective and profitable way of doing business. Edmonton and Alberta-based companies are now able to sell their products and services on the ITEX� Barter Exchange for ITEX� trade dollars and use the ITEX� Canada Express Card to pay their expenses and suppliers. The Exchange alleviates the need for customers to barter one-on-one with other companies since the trade dollars they receive can be used for any of the other 50,000 members' products and services. Barter is an industry as old as man. Today, forward-thinking companies barter to access new markets and customers, increase sales, conserve cash, and utilize unused capacity or inventory, . Barter is estimated by the U.S. Department of Commerce to account for about 30% of the world's total business. Barter in the U.S. now exceeds $7 billion annually. ITEX� Barter Exchange members enjoy a marketing advantage as members prefer to trade with each other in trade dollars in order to conserve cash. With a 1-800 number for transaction authorizations, the acceptance of the ITEX� Canada Express Card is as simple as most credit card transactions. In addition to the international nature of the exchange, the local broker works with local companies to assist them in marketing their products and services on the Exchange and works with new local member companies to increase the number of local products and services available. Members also reap the benefit of an aggressive co-operative marketing program. Garland Coulson F.I.C.B., President of Common Sense Solutions, states that, "We are extremely excited to bring this powerful marketing and financial tool to our business clients. Barter is a major competitive advantage for businesses and an important source of alternative financing. Local and even rural companies will be able to easily access thousands of local and international customers, products and services. We predict that barter and the ITEX� Barter Exchange will become an integral part of the Alberta Advantage." For more information about barter and the ITEX� Barter Exchange, call Garland Coulson of Common Sense Solutions at 403-465-7330 or visit the web site at http://www.comsensesolutions.com. ITEX� Corporation was founded in 1982 and is the only publicly traded barter company (NASDAQ). With over 250 offices in 8 countries and 50,000 members strong, ITEX� is the acknowledged leader in the barter industry. End of release
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X-Google-Language: ENGLISH,ASCII X-Google-Thread: 10f2ee,41ebf4afbf45aa4f,start X-Google-Attributes: gid10f2ee,public From: "Garland Coulson" <gcoulson@connect.ab.ca> Subject: Barter in Alberta - Press release Date: 1998/09/02 Message-ID: <01bdd678$09e40540$9b4f22cf@enduser> X-Deja-AN: 387129333 Newsgroups: ab.software.developers