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05/25/2010

ITEX 28th Annual Convention A Blockbuster!

The ITEX Corporation (OTCBB:ITEX), a leading marketplace for cashless business transactions in North America, reported that its 28th annual national convention, held at the Orleans Resort and Hotel in Las Vegas (NV) during May 17-19, was a huge success.

“Each year ITEX hosts a premier international convention for its franchisees, brokers and staff — the largest in its industry. This year’s theme,” said CEO and Chairman Steven White, “was ‘Healthy Attitude - Body - Business.’ We dedicated a solid three days to strategizing, sharing ideas and learning from each other. The Orleans Resort and Hotel staff went above and beyond to ensure that we enjoyed a memorable event.”

Convention Highlights:

·         Monday – Owners Day

Opening comments by ITEX CEO Steve White with Q&A session, followed by sessions for franchise owners that focused on how to grow and manage their businesses.

·         Tuesday – New Member Registrations & Customer Service

Focused on how to hire effective sales people, prospecting tools, sales presentation tips and strategies, plus closing techniques along with a concurrent full-slate of sessions on customer service best practices and techniques.

·         Wednesday – Corporate Overviews

Presented by the ITEX’s CEO and Vice Presidents, with an evening Awards Ceremony and dinner celebrating the achievements of franchisees this past year.

“ITEX is committed to raising the bar in every area to support growth,” commented White. “We have more than doubled the number of corporate employees attending this year’s event — a statement indicating that we will not relax our efforts to continue to build a strong network and dominate the cashless marketplace industry,” he concluded.

Special Attendees:

Bob Meyer, Publisher of Barter News, received a Lifetime Achievement Award for his contributions to the cashless industry. Bob, a former pitcher for the New York Yankees and Los Angeles Angels, re-invented himself after his 11 years as a professional athlete to found BarterNews in 1979.

Jerry Howell, President of Midwest Barter and author of “The Complete Idiot’s Guide to Barter and Trade Exchanges,” presented his strategy for working with nonprofit organizations, helping them realize the value of barter in fund-raising and offsetting cash expenses.



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