BarterQuest to Exhibit at PayPal’s Innovate 2009 as Silver Sponsor

October 27th, 2009

BarterQuest (www.barterquest.com), a platform that supports the cashless exchange of goods, services and real estate, today announced that it will be a Silver Sponsor at Innovate X 2009, PayPal’s first dedicated developer conference. The conference is taking place from November 3rd to November 4th in San Francisco. BarterQuest will be exhibiting its innovative platform for barter in connection with PayPal’s new Adaptive Payments APIs.

Attending the conference will not only be web developers, but also software engineers, venture capitalists, financial institutions, creators of social and mobile applications, and disruptive innovators (we believe that BarterQuest belongs in this group to the extent that its website, as supported by its proprietary technology, has the potential to fundamentally change the way people do business).

“BarterQuest remains a free site, but in the longer term we may introduce various user fees or charges,” stated Dr. Paul Bocheck, President of BarterQuest. “Working with PayPal on its open platform will enable us to provide our users with the easiest and most secure solutions for payment. We are looking forward to attending Innovate X 2009, which will be a special opportunity for us to showcase our cutting edge barter platform and its use of PayPal’s APIs.”

About BarterQuest

BarterQuest supports the cashless exchange of all types of goods, services, and real estate. BarterQuest provides a trading platform based on proprietary technology (patents filed) that instantly matches the haves and wants of users for two party and multi-party trades. Barter is facilitated by a user friendly Web design that is unique in its combination of features that support trading. BarterQuest is headquartered in New York, NY and is owned and operated by JPM Global, Inc., a Delaware corporation. For more information, visit www.barterquest.com

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