Bentley Commerce Expands its Commercial & Industrial Buying Consortium by Offering Telecommunications Services and Major Media Advertising on Trade Wednesday October 20, 6:00 am ET
SARASOTA, Fla.--(BUSINESS WIRE)--Oct. 20, 2004--Bentley Commerce Corporation (OTCBB:BLYC - News), the leader in online and point of purchase barter and trade, expands the offerings in its Corporate Trade Commercial and Industrial Buying Consortium with telecommunications services and advertising in major media that are available for trade. A company can obtain these services with partial payment in trade credits that it earns from selling its excess capacity, production or non-performing assets to Bentley Commerce for full wholesale value. "Using trade credits earned from the sale of non-performing assets," said Bruce Kamm, Bentley Commerce's CEO, (http://www.bentleycommerce.com) "is an ideal way for companies to reduce cash spending and increase profitability. It enables them to utilize excess capacity or production, or excess inventories at full wholesale value, instead of selling at a discount or liquidation, to pay for typical business expenses."
Bentley Commerce's Corporate Trade Group's Telecommunications Services and Major Advertising Media is a potential opportunity for companies to use earned Bentley Cash Equivalent Trade Credits as partial payment towards services they currently purchase with cash. These services include: Basic Landline Phone Services including Local, Interstate, Intrastate and Toll Free. All forms of Calling Cards. Data including ATM, Frame Relay, Private Line and Transparent LAN, Networking, Internet, Wireless Phone, Teleconference and Web Meeting, VoIP (Voice over IP), IP VPN (Virtual Private Network), IVR (Interactive Voice Response) and Operator Services, and Call Centers. Carriers include, but are not limited to, the top tier major carriers, and in many cases Bentley can work with a clients existing carrier even if they are currently under contract.
Additionally, Bentley Commerce is offering Advertising in USA WEEKEND Magazine as a potential spending opportunity for Bentley Trade Credit utilization on part trade with 50% payable with Bentley Cash Equivalent Trade Credit.
USA WEEKEND reaches one in five households across America. It reaches consumers at home where many purchasing decisions are made and delivers an advertisers message in an uncluttered environment. USA WEEKEND has mass reach to consumers who do not read targeted vertical publications, delivering new prospects that an advertiser would not ordinarily reach.
About Bentley Corporate Trade Group:
Bentley Corporate Trade Group is a global alliance organization set to enable barter, trade, countertrade, asset management and alternative capital and financial transactions for Fortune 500 and Global 3000 companies, governments and barter exchanges. The division enables execution of traditional trade transactions that greatly expand liquidity and bottom line profitability. It is part of Bentley Commerce Corporation, 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 over the Internet in real time, with its proprietary VirtualBarter software.
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.
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Been in this one a long time and it seems to mimic TFCT in that good news comes out, the stock goes down. Hope it's different this time.
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Something's wrong here. Between BLYC and TFCT I actually have 2 stocks making nice moves today. That's not supposed to happen, is it?
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This is only the beginning. If you look at the chart, this thing is primmed to explode.
ULT is about to break the 70 mark and RSI is breaking to the top. On Balance Volume is uting as well. All Very Bullish indicators for this very oversold stock.
Great news coming next week and we are off to the races.
[This message has been edited by sircruz68 (edited October 22, 2004).]
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Bentley Commerce Strategically Positioned to Implement Worldwide Trade Currency via COMTEX
November 1, 2004
SARASOTA, Fla., Nov 1, 2004 (BUSINESS WIRE) --
Bentley Commerce Corporation (OTCBB:BLYC), the leader in online and point of purchase barter and trade (www.bentleycommerce.com), is strategically positioned to provide companies trading throughout the world with a single worldwide trade currency and a trade currency clearinghouse for the entire barter industry.
The need for a single barter currency to bring barter to its full potential was stressed by Paul Suplizio, who helped found the International Reciprocal Trade Association (IRTA) and served as its CEO for 16 years. He offered his plan for the barter industry at the recent IRTA international conference. "The vision I want to offer to meet the challenge is a single global currency for everyone," said Mr. Suplizio. "A single currency will unite all barter networks worldwide into a single network, and transform our currently fractured industry into a strong and unified whole. Our clients' barter cards will be like MasterCard or Visa, accepted wherever the Global Barter decal is shown."
Bob Meyer, publisher of Barter News Magazine (www.barternews.com) for a quarter of a century, concurs: "Having one major worldwide barter currency, rather than the 800 now in existence around the globe, would instantly catapult the commercial barter industry upward, thus becoming a significant force in the world of commerce."
Bentley Commerce's integrated technology platform and Trade Debit Card is now capable of real time trade transaction processing worldwide using a single global currency. Any member in any exchange is able to use their trade debit card to purchase from members in their exchange, as well as with members of any other participating exchange throughout the world. This could eliminate the current constraints that have hindered the growth of global trade for 25 years.
"We envision Bentley Commerce becoming the source of the global barter currency that will provide worldwide payment capabilities similar to Visa, MasterCard and Discover," said Bruce Kamm, CEO of Bentley Commerce. "We have already created the foundation for a single global currency that can be adopted by all trade exchanges and have developed the transaction clearinghouse patterned after NYCE, Cirrus, and Plus, for companies participating in Bentley Commerce's Online Global Trade Alliance and Trade Exchange Network."
"By providing for a ubiquitous global trade currency that can be used by independent trade exchanges throughout the world, just as if their members were all members of the same exchange," says Mr. Kamm, "Bentley Commerce expects to be instrumental in helping attain global acceptance of barter as a payment system. This can have a profound impact on dramatically increasing barter transactions worldwide, and Bentley's revenue, since it receives a small cash fee on each trade processed through its transaction network.
About Bentley Commerce Corporation:
Bentley Commerce Corp. is a business-to-business, Internet e-commerce Company that launched its seamlessly integrated family of online barter services in 2004 to establish a new global trade marketplace with a single barter currency for businesses to easily engage in real-time online barter and trade. Through its proprietary VirtualBarter software, it processes barter transactions over the Internet or at the point of sale, between member companies, even if they are members of different exchanges. A growing number of independent trade exchanges, currently totaling 88, with about 18,000 companies that trade through them, have access to Bentley Commerce's global trade marketplace and trade exchange network featuring over $700 million dollars in product and service offers available for trade.
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.
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Morgan Beaumont, Inc. Announces Rollout of Load Station and Merchant Terminal Program to Business Members of Barter Exchanges
SARASOTA, Fla.--Nov. 3, 2004--Morgan Beaumont, Inc. (OTCBB:MBEU), a premier provider of Stored Value and Debit Card solutions, announced an agreement with Bentley Commerce Corp. (OTCBB:BLYC) to roll out Morgan Beaumont's proprietary load software on Verifone 3750 equipment, bundled with Bentley Trade Cards and Morgan Beaumont Debit Cards to business members of Barter Exchanges across the U.S. and Canada. The goal over the next 12 months is for Merchants in Bentley's network of affiliated Barter Exchanges, representing approximately 50,000 businesses, to be set up to accept Trade Cards as well as cash for services and sale of product.
Cliff Wildes, CEO of Morgan Beaumont, stated, "Earlier this year Morgan Beaumont and Bentley Commerce entered into an agreement to develop a Trade Card and debit card program for Bentley's network of Barter Exchanges and Affiliates. We designed the program to be used internationally at all members of barter exchanges affiliated with Bentley Commerce on POS terminals, allowing business members to conduct both trade and debit card transactions easily and quickly. We are excited to be supporting Bentley in the national rollout of this program."
Bruce Kamm, CEO of Bentley Commerce, added, "We are pleased to announce the launch of this unique program to our exchanges and their merchant members. We anticipate that early next week we will begin contacting our exchanges on the details of this exciting program. Our goal is to offer this program to the merchant members serviced by our affiliated exchanges that represent about 50,000 businesses, and have many of them online in 2005. MBI has assured us that they support this effort."
The launch includes a special introductory price payable part cash and part trade dollars for the first 1,000 merchant members that purchase POS equipment and Trade cards.
Morgan Beaumont, Inc. is a Technology Solutions Company located in Sarasota Florida. Morgan is one of the premier providers of Stored Value and Debit Card Solutions in the United States. The company has developed POS and PC based software that connects merchants with multiple Stored Value Processors and Issuing Banks, in addition to private transaction networks and IVR and CRM technology. The company also has a national network of Stored Value and Debit Card load stations located throughout the United States. To learn more about Morgan Beaumont, please visit morganbeaumont.com.
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 proprietary 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 companies.
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