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[QUOTE]Originally posted by mizzou7: [QB] Bentley Commerce to Implement One Debit Swipe Card for Both Barter and Cash Purchases and Provide Postings by Phone for Its Alliance Exchange's 50,000 Members LOS ANGELES--(BUSINESS WIRE)--March 9, 2004-- Bentley Crump Barter Network Eliminates Interexchange Fees to Encourage More Trading Between Exchanges Bentley Commerce Corporation (OTCBB:BLYC) has entered into an exclusive strategic alliance with Morgan Beaumont, one of the country's premier providers of stored value cards and interactive voice response solutions, to provide Bentley Commerce's network of 180 trade exchanges and their 50,000 trading members with debit cards, stored value cards, telephone transactions and member search capabilities. "This is a major step in providing a universal transaction platform," said Bruce Kamm, Bentley Commerce's CEO. "Barter exchanges that participate in our Global Trade Alliance, and their members, will have a single debit card that will process both barter and cash transactions at the point of sale. Members of a participating exchange will be able to use their debit cards to make purchases from members of other participating exchanges throughout the world. This will break down barriers to trade. We envision Bentley Commerce becoming the barter equivalent to NYCE, Cirrus, Plus and other cash interexchange networks for the universe of companies participating in barter and trade through the Bentley Crump Barter Network of alliance exchanges." Morgan Beaumont will develop and implement a multi-phase launch of real time transaction processing technology for Bentley, which will include voice authorizations, account balances, debit card trade purchasing branded with logos of participating exchanges, and stored value barter cards that exchanges will be able to use instead of printing restaurant scrip. In addition, the card can be used for gifts, employee rewards, sales incentives and giveaways. A future enhancement will add cash transaction capability. The new Bentley Commerce Card will enable its exchanges and their members to process transactions using a Verifone card terminal. For members that do not have a terminal, transactions can be processed using a touch tone phone, with one toll-free phone number to call, 24/7, for purchase authorizations and transaction postings in the U.S. and Canada. Initially members will be able to process transactions, get account balances, and later on, search for hotels and restaurants by area code. The Interactive Voice Response systems will allow members to access their account information from any telephone. Using Text to Speech and Speech Recognition technology, Bentley Commerce will provide complete voice access to member and account information. Other voice information capabilities will be added to the features available to participating members. In Other News: To accelerate trading between different exchanges in the Bentley Crump Barter Network, interexchange fees paid by exchanges to trade with other exchanges has been eliminated. This does not affect transaction fees paid to Bentley Commerce by exchanges for use of its VirtualBarter software and exchange management system. In fact, the company believes that transaction fees should increase due to increased trade between exchanges from new trade offers and opportunities. 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, trade associations and their member companies, as well as media and travel agencies. About Morgan Beaumont: Morgan Beaumont, Inc., is a private global technology solutions company that is one of the premier providers of Stored Value Card Solutions and technology in the United States. The Company develops, hosts and supports ATM/Debit cards, Stored Value MasterCard cards, private network programs, and a national loading platform in conjunction with Typhoon Voice Technologies, a Morgan Beaumont company. The company's Active Manager Voice Information Server offers state of the art Interactive Voice Response technology in an easy to use platform for virtually all telephony switching equipment available today. The Web based system provides read and write functions with either telephone or web based access to information in real-time. Forward-Looking Statements: 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 database system. [/QB][/QUOTE]
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