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NATIONAL TRADE EXCHANGE EXTENDS ITS GEOGRAPHIC AND ECONOMIC REACH
Mount Pocono, PA- July 19, 2007– Merchants Barter Exchange, the fastest-growing and most respected national trade exchange in America , announces the opening of a sales and marketing and brokerage offices in Charlotte, North Carolina, Philadelphia, Pennsylvania, South Florida Region to support the company’s accelerating presence in that region.
Steve Bolles, Founder and CEO of Merchants Barter Exchange, commented “Merchants Barter Exchange recognises these markets as excellent opportunities to increase sales revenues and local merchant participation in our global market.”
Both the National Association of Trade Exchanges (NATE) and the International Reciprocal Trade Association (IRTA) have reported increases in trade volume for the last year. ‘The World Trade Organization estimates that $8.43 billion of the $5.62 trillion in international trade is conducted on a non-cash basis. Yet, as impressive as this number may be, less than 1% of businesses use non-cash trade as a means of doing business.’- 2004 Global Reciprocal Trade Statistics.
The Charlotte office will be opened on July 23 followed by Philadelphia and the South Florida region in August. It is anticipated that these offices will create a few hundred new jobs and bring some real economies of scale to the local business communities.
About Merchants Barter Exchange
Merchants Barter Exchange began in 2000. Since then, the company has proven a six-year reputation of success, and in 2004 expanded into franchising. By using barter, you can generate significant new business while you conserve cash and clear out excess time, inventory, or capacity. Barter exchange eliminates the drawback of traditional one-to-one bartering. You can obtain goods or services from a member company even if they have no need for your goods or services. Unlike regional exchanges, Merchants Barter Exchange is national in scope, providing their members many more opportunities to trade. Members conduct their transactions with 100% Trade Dollars, and charge Trade Dollar prices equivalent to cash prices. This supports the value of the Trade Dollar and enables a solid exchange for both the buyer and seller.
This press release may contain certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including, but not limited to, statements as to future operating results and plans that involve risks and uncertainties. We use words such as “expects”, “anticipates”, “believes”, “estimates”, the negative of these terms and similar expressions to identify forward looking statements. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to differ materially from any future results, performance or achievements expressed or implied by those projected in the forward-looking statements for any reason. References herein to “Merchants Barter Exchange,” “MBE,” “the Company,” “we,” “our,” “us” and similar words or phrases are references to Merchants Barter Exchange Inc. and its subsidiaries, unless the context otherwise requires.
Josh Eikov
Media Manager
Merchants Barter Exchange Inc.
800 822 7204
www.merchantsbarter.com