On this page, you will be able to find current and past press releases regarding BarterQuest, if you would like more information or have any questions about any of them please don’t hesitate to contact us at:

Gutenberg Communications
Kerri Hazama
555 Eighth Avenue Suite 1002
New York, NY 10018
Email: Kerri Hazama
Phone: 212-810-4168
Gutenbergpr.com
BarterQuest
Bianca Han, Executive Vice President
231 West 29th Street Suite 906
New York, NY 10001
Email: Bianca Han
Phone: 212-279-0070
Fax: 212-736-0344
BarterQuest.com

You might also want to read what the world is saying about BarterQuest:
BarterQuest in the Media

Receive BarterQuest Tweets and Become Our Fan on Facebook

June 6th, 2010

You can now follow BarterQuest on Twitter and become a fan on Facebook

BarterQuest (www.barterquest.com), a platform that supports the cashless exchange of goods, services and real estate, today announced that people can now follow BarterQuest on Twitter and become our fan on Facebook.

On Twitter, BarterQuest’s tag is #barterquest. You can be among the first to learn about items of special interest that have been newly listed on our site and are available to trade. You can join the growing community of BarterQuest followers and tweet your thoughts about the site or barter generally. And you can become a fan of BarterQuest on Facebook http://www.facebook.com/pages/BarterQuest/44313703688. Share your trading experiences. Be up to date on what may be happening on the site, post your comments on our wall, and participate in an exchange of ideas.

“Barter is an inherently social activity,” stated Dr. Paul Bocheck, President BarterQuest. “To successfully trade you need to network, communicate, and have trust in your trading partner. BarterQuest is all about making trading easier by providing effective ways for you to find your trading partner, negotiate and complete your trade, and have greater confidence that you will get what you bargained for. Social media provides a natural extension of and compliment to the trading community formed on our site. We hope that people will use Twitter to follow us and learn more about current trading opportunities. We also hope that people will become our fans on Facebook and share their thoughts; this can make others more successful traders and help BarterQuest to better support them.”

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.
Except for historical information contained herein, this news release may contain forward looking statements that are subject to risks and uncertainties.

BarterQuest Forms Advisory Committee

March 2nd, 2010

Trading site forms Advisory Committee of industry experts

NEW YORK, March 02, 2010 – BarterQuest (www.barterquest.com), a platform that supports the cashless exchange of goods, services and real estate, today announced that it has formed an Advisory Committee to provide expertise and guidance to senior management. The areas in which the Committee will compliment senior management include B2B e-barter, marketing, and business development. The members of the Committee are the following:

Ray Bastarache is a pioneer in B2B e-barter. He founded Barter Network in 1985, which was a clearinghouse for businesses that traded the goods and services which they produced for the goods and services they needed. The company was one of the largest and most successful trading networks in the United States. After its sale, he remained active in the e-barter industry in various capacities. Mr. Bastarache has served as Treasurer, Vice President, and President of the International Reciprocal Trade Association (IRTA). He received two Distinguished Service Awards from the Association and its first Mentorship Award. In 2009, the barter industry awarded him the “Legends of Barter” Award.

Harjiv Singh is the co-founder and Co-CEO of Gutenberg Communications, a global strategic communications firm. A serial entrepreneur, he has more than 15 years experience in the communications, technology and financial services industries. Mr. Singh frequently speaks and writes on a range of public relations issues, including the impact of globalization. In 2007, he was recognized as one of the leading PR professionals in the Asia Pacific region.

Dr. Sheldon Weinig founded Materials Research Corporation, a multinational semiconductor company listed on the American Stock Exchange that was thereafter acquired by Sony. In 1996, he retired as Vice Chairman of Engineering and Manufacturing of Sony America. He is currently an Adjunct Professor at Columbia University and SUNY at Stony Brook. Dr. Weinig was inducted into the National Academy of Engineering in 1984 and in 1988 was awarded the rank of Chevalier dans l’Ordre National de la Legion d’Honneur by the French government.

“We are excited about the value that the Advisory Committee can bring to the future development of BarterQuest,” stated Paul Bocheck, President. “We are gratified that people of the caliber of Ray, Harjiv, and Shelly have been willing to lend their experience and insight to our company. Not only should this make BarterQuest a more successful business, but it should help us better serve our users.”

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.

BarterQuest, the Online Bartering Website, Is Out of Beta

January 16th, 2010

Barter site comes out of beta with a new design and unique features as visitor traffic increases thirty percent.

NEW YORK, January 16, 2010
– BarterQuest ( http://www.barterquest.com ), the leading online consumer and small business trading platform, today announced that it has come out of beta with the introduction of a new site design and enhanced features. The new features include account verification and points, a non-cash exchange currency. BarterQuest now has a unique combination of features to support online trading.

With more than 50,000 monthly visitors, BarterQuest attracts a continuously increasing number of visitors each month from USA, Great Britain, Australia and other parts of the world. There are 2,500 active trades on the site at any point in time.

To create a superior user experience, BarterQuest has enhanced the site to provide:

• Increased site security. BarterQuest encourages each user to verify their account. Users verify by successfully processing a one time nominal payment through their credit card or PayPal account. This is intended to better assure that your trading partners are who they say they are.

• Greater flexibility in completing trades. Points (one point = $1.00) can be used to equalize the value of trades or offered alone to acquire items on the site. Points are intended to provide users with greater flexibility in finding and completing trades in those cases in which both parties want what the other has, but there is a significant difference in the value of the items. Points become the equalizer. You can now trade four concert tickets plus 100 points for an iPod.

• More user friendly. The site was redesigned to be more uncluttered, intuitive and informative. There is more guidance offered on how to use the site. There is easier access to search options that allow users to tailor their searches geographically or by delivery alternatives. Importantly, the platform now facilitates the use of counter offers (in response to the offers you receive) as a way of negotiating trades.

“With the site out of beta and our re-launch with new features, BarterQuest is now the complete package,” stated Dr. Paul Bocheck, the President of BarterQuest. “We want to do everything possible to ensure a positive user experience. As a security feature, account verification is a significant step in that direction. We believe that account verification will be increasingly demanded in the Internet-based consumer market, and this is another opportunity for BarterQuest to lead the way in e-barter.

BarterQuest strives to provide its users with a superior online experience while increasing their trading opportunities. Although barter inherently involves the fair exchange of one item for another, there are cases involving a difference in the value of the items. When the difference cannot be bridged with additional items, points can solve the problem.”

About BarterQuest

BarterQuest is the online consumer and small business trading platform for the cashless exchange of all types of goods, services, and real estate (temporary use or permanent exchange). BarterQuest uses proprietary technology (patents filed) to instantly match 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 http://www.barterquest.com.
Except for historical information contained herein, this news release may contain forward looking statements that are subject to risks and uncertainties.
Vendors seeking further information, please email: vendors@barterquest.com

BarterQuest Introduces Points

December 29th, 2009

Barter site introduces a unique way to equalize the value of trades

NEW YORK, December 29, 2009 – BarterQuest (www.barterquest.com), a platform that supports the cashless exchange of goods, services and the use of real estate, today announced that it has introduced points, a non-cash exchange currency that can be used to equalize the value of trades or offered alone to acquire items on the site. Points are intended provide users with greater flexibility in finding and completing fair trades in cases in which both parties want what the other has, but there is a significant difference in the value of the items. Points become the equalizer.

Users will be able to purchase points at any time (one point equals one dollar) and redeem them for cash. Users will also be able to accumulate points through their trading activity when and as they receive points for their items. There is no charge for the purchase of points. There will be, however, a small service charge for the transfer or redemption of points. BarterQuest has partnered with PayPal to develop tailored applications of its newest Adaptive Payments APIs to provide users with easy and safe payment options.

A secure payment feature will escrow points for a period of time after their transfer, during which they will be unavailable for use in another trade and cannot be redeemed. If the sender of the points disputes the trade within this period, the points will be held pending the resolution of the dispute.

“Our site is committed to facilitate trading by our users,” stated Michael Satz, CEO of BarterQuest. “To do this, we want to develop features that reflect not only what they may want, but what they may need to complete a trade. While barter inherently involves the exchange of one item for another, there are cases in which potential trading partners may each want what the other has, but the value of the items is unequal. When the difference cannot be bridged with additional items, points can solve the problem. The introduction of points opens up the trading possibilities for our users.”

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.

BarterQuest Introduces Verification

December 22nd, 2009

First barter site to require verification for user security

NEW YORK, December 22, 2009 – BarterQuest (www.barterquest.com), a platform that supports the cashless exchange of goods, services and the use of real estate, today announced that all users will be required to verify their accounts in order to actively trade on the site. While you will be able to browse the site, search for items, and post items you have to trade, you will not be able to initiate or respond to trade offers until you are verified. Users who are already registered have until March 1, 2010 to verify, and will be able to continue to trade in the same manner as before.

Verification is intended to provide users with greater security when they trade. By verifying potential trading partners, this feature is will increase the confidence of users that they are trading with legitimate counterparties and that they will get what they bargained for. There is a one time verification fee of $1.99, the payment of which will be used in the account verification process.

“Trust can be earned and, over time, the reliable trader on our site will be rewarded with a superior user’s rating,” stated Bianca Han, Executive Vice President of BarterQuest. “Nevertheless, anything that can add to the trading comfort of our users and make it more difficult for the ‘bad guys’ is something that we should provide. We believe that verification will be increasingly demanded in the Internet-based consumer market, and this is another opportunity for BarterQuest to lead the way in e-barter.”

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.

BarterQuest (www.barterquest.com), a platform that supports the cashless exchange of goods, services and the use of real estate, today announced that it has incorporated various features that respond to and support the “green” movement. Specifically, the site has created “Environmental” as a major category to group services that relate to the environment and incorporates a number of other services that are eco-friendly under other categories, such as car pooling under “Transportation.”

BarterQuest will introduce additional features that can provide guidance to those who want to trade green, for example, the ability to describe an item available for trade as eco-friendly and tags that will readily identify these items as eco-friendly. The site is seeking input from its users for ways BarterQuest can further support environmental conservation.

“Our site is committed to serving our users as effectively as possible,” stated Michael Satz, CEO of BarterQuest. “To do this, we want to develop features that reflect what they want. While barter is inherently green, by redistributing rather than disposing of goods a barter site can be even more eco-friendly by leading its users to green solutions. We strongly encourage anyone who visits our site to suggest features that can further green our site and make BarterQuest a real force for environmental responsibility.”

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

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

BarterQuest (www.barterquest.com), a website that supports the cashless exchange of goods, services and real estate, today announced it has incorporated various features to allow its users to form their own trading clubs. The trading clubs will bring together friends and family or people with similar interests in social networks built around barter.

Clubs can be organized by geographic region, by types of services, by an interest in environmental conservation (green), by lifestyle, and by the types of items its users may be interested in. Clubs can be sponsored by businesses that have trading affinities. Organizations that represent special interest groups can form clubs for their memberships. Major club categories include artists and entertainers, books, collectors, gamers and hobbyists, moms and dads, music, seniors, sports and exercise, students, technology, and travelers.

Whether users organize their own clubs or join an existing one, they will be able to easily find what other members have to trade. Membership in certain clubs will be only by invitation of the club’s sponsor (for example, those organized around a user’s friends), and other clubs will be available for anyone to join. Each club will have its own dedicated forum in which members can discuss their trading experiences and related issues.

“While our platform has always provided trading alternatives that are organized by the type and location of the item, now our users will be able to easily find these trading alternatives with friends and family or people with similar interests,” said Bianca Han, Executive Vice President of BarterQuest. “Trading clubs will allow our users to find trades within a community to which they naturally belong and in which they feel comfortable.”

About BarterQuest
BarterQuest supports the cashless exchange of all types of goods, services, and real estate. BarterQuest provides a trading platform based on proprietary, patent pending technology that instantly matches the haves and wants of users for two party and multi-party trades. Barter is encouraged by a user friendly Web design. 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.

BarterQuest (www.barterquest.com), a platform that supports the cashless exchange of goods, services and real estate, today announced it has incorporated various features to allow its users to localize their trading options.

While BarterQuest remains a site for barter worldwide, users can now search for local trading alternatives by region or proximity. This can be important if a user is compelled to find a trading partner who is close to them because of requirements associated with delivery (a large or heavy item or services that require your physical presence) or if a user simply wants a greater sense of community.

“With a single click our users can now localize their trading options,” stated Bianca Han, Executive Vice President of BarterQuest. “You obviously maximize your trading alternatives by searching for trading partners without any geographic limitation. But even when you are not driven to trade locally by shipping or delivery considerations, you may prefer to trade within your own community. There can be a natural comfort level in dealing with another person who lives nearby. Unlike other trading sites, BarterQuest offers the best of both worlds. You have the choice to barter with anyone, anywhere or if you prefer, with someone who is just around the corner.”

About BarterQuest
BarterQuest supports the cashless exchange of all types of goods, services, and real estate. BarterQuest provides a trading platform based on proprietary, patent pending technology that instantly matches the haves and wants of users for two party and multi-party trades. Barter is encouraged by a user friendly Web design. 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

BarterQuest (www.barterquest.com), a platform that supports the cashless exchange of goods, services and real estate, today announced it has incorporated a range of features to support the trading of real estate. BarterQuest enables the exchange of real estate for temporary use and, in the near future, for permanent ownership. Any type of real estate can be bartered, including apartments, offices, vacation homes, and timeshares. The site now has the complete spectrum of features necessary to facilitate the barter of goods, services, and real estate, locally and internationally, both within or between these categories. Trading on BarterQuest is free.

“Barter continues to attract consumers in this difficult economic environment, and real estate provides yet another possibility for users to trade and save money. Our site now has the comprehensive set of features and the technical capabilities required to barter an endless variety of items,” stated Dr. Paul Bocheck, President of BarterQuest. “BarterQuest is committed to providing our users with the greatest number of trading alternatives and the means to find the best trades for their needs. Our proprietary technology allows our users to easily navigate their trading options and locate potential partners by instantly matching “haves” and “wants” anywhere in the world.”

Additional features have also been added to improve the user’s overall trading experience. These include an enhanced search function enabling users to more quickly identify local trading possibilities, a simpler interface and redesign of the home page.

BarterQuest (www.barterquest.com), a platform that supports the cashless exchange of goods, services and the use of real estate, today announced their special “Trade with Us” promotion has been successfully completed.

During the promotion, users were encouraged to barter directly with BarterQuest’s official trading icon Puzzleman for a brand new Nintendo Wii, iPod Touch, and Prada handbag. In exchange for the Nintendo Wii, BarterQuest received a set of limited edition, hand forged, swords as used in the movie “Kill Bill: Vol.2” and signed by actor David Carradine (Bill). The iPod touch and Prada handbag were traded for a diamond necklace and a limited edition volume of the sci-fi classic “The Fixer” signed by author Jon F. Merz, respectively.

BarterQuest’s trading partners said the following about their barter experience:

* “2 thumbs WAY up! A pleasant experience. iPod Touch arrived 5 days from winning it. Shipped Fed-Ex from China directly from APPLE. Brand new, personally engraved and fabulous! My son will love it. We cannot thank you enough.”

* “Thank you. Wii love it. :) I appreciate this trade more than you can ever know. I feel very lucky for once!”

* “Prada purse is exactly what I wanted, an A+++++++++Trade with Puzzleman!”

“We would like to thank all users who participated in our launch promotion and congratulate our bartering partners for their successful trades,” stated Bianca Han, Executive Vice President of BarterQuest. “Now in our third month of operation, we are finding that by supporting all types of goods, services and the use of real estate the variety of posts is limited only by the imagination of our users. For example, members are currently offering 3-D animation, accounting services and a golf cart. We are continually impressed by the range of items posted and encourage users all over the world to keep trading.”

The three winning traders were from Kansas, Missouri and Nevada. These trades reflect the geographical diversity and quality of goods that are available for trade on BarterQuest. Please log on now and become a member of the premier bartering platform, BarterQuest.

About BarterQuest
BarterQuest supports the cashless exchange of all types of goods, services, and the use of real estate (the features necessary to trade real estate will be introduced in the near future). BarterQuest provides a trading platform based on proprietary, patent pending technology that instantly matches the haves and wants of users for two party and multi-party trades. Barter is encouraged by a user friendly Web design. BarterQuest is headquartered in New York, NY and is owned and operated by JPM Global, Inc., a Delaware corporation. For more information, www.barterquest.com

570 percent monthly increase in first time users

BarterQuest (www.barterquest.com), a platform that supports the cashless exchange of goods, services and the use of real estate, today announced that 100,000 people have visited the website since its launch in mid-December 2008.

In addition to a 570 percent increase in first time visitor traffic, more than 2,000 people are now registered users and can trade locally and internationally on a regular basis. Items posted for barter range from typical goods including CDs, DVDs and books to the more unusual such as paintings and designer coats, as well as the services of chefs, jewelers, and bartenders. The site allows users to easily trade within and between the categories of goods, services and the use of real estate.

“In a short period of time and with limited promotion, BarterQuest has attracted an ever growing number of users. This speaks to barter as a viable means to save during the current recession and as an inherently “green” way to redistribute goods,” stated Michael Satz, the CEO of BarterQuest. “BarterQuest also has unique features – a user friendly design, the opportunity to trade all types of items within and among categories, and its proprietary matching engine that facilitates both two party and multi-party trades – that create an increasingly positive trading experience for our users. We look forward to further developing our site into a virtual marketplace with millions of users who have millions of items to trade.”

About BarterQuest
BarterQuest supports the cashless exchange of all types of goods, services, and the use of real estate (the features necessary to trade real estate will be introduced in the near future). BarterQuest provides a trading platform based on proprietary, patent pending technology that instantly matches the haves and wants of users for two party and multi-party trades. Barter is encouraged by a user friendly Web design. 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

BarterQuest, which provides a platform that supports the cashless exchange of goods, services and the use of real estate, today announced the introduction of categories specifically designed to better serve the farming community.

The newly added “Agriculture” category has various sub-categories for items that relate to farming, such as equipment and livestock feed. After receiving numerous queries from the farming community, BarterQuest took this action so that users seeking various agricultural goods and services can more easily find these items for trade, either by searching or by using BarterQuest’s proprietary matching engine.

“One of our objectives is to work with individuals and organizations that have specialized interests, such as farmers, parents, or collectors, to customize the features of our site to better serve their interests,” stated Michael Satz, the CEO of BarterQuest. “We will continue to seek the input of our users to improve their trading experience.”

BarterQuest would like to invite all individuals and organizations to provide input into the ways BarterQuest can make bartering easier and more enjoyable. Please send your thoughts to support@barterquest.com. BarterQuest is also introducing an on site users’ Forum to provide a venue in which ideas on how to make the trading experience better can be shared.

About BarterQuest
BarterQuest supports the cashless exchange of all types of goods, services, and the use of real estate (the features necessary to trade real estate will be introduced in the near future). BarterQuest provides a trading platform based on proprietary, patent pending technology that instantly matches the haves and wants of users for two party and multi-party trades. Barter is encouraged by a user friendly Web design. 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

NEW YORK, January 20, 2009 – BarterQuest, which provides a platform that supports the cashless exchange of goods, services and the use of real estate, today announced all bartering on its recently launched site (http://barterquest.com) will be free.

BarterQuest will not require registration, listing or trading fees for any transaction. By removing charges, users can browse, post, and trade an unlimited number of items without monetary risk.

“In this recessionary environment, finding ways to save money has become increasingly important for consumers. The best way to reflect the current economic reality and to continue serving the green movement by promoting trade is to eliminate fees,” said Michael Satz, the Chairman and CEO of BarterQuest. “The more people can freely experience our site, the more barter can rapidly become a viable alternative to paying cash. With BarterQuest, users can trade anything for anything, anywhere in the world, or sort for local trading alternatives, all facilitated by our unique Matching engine.”

About BarterQuest
BarterQuest supports the cashless exchange of all types of goods, services, and the use of real estate (the features necessary to trade real estate will be introduced in the near future). BarterQuest provides a trading platform based on proprietary, patent pending technology that instantly matches the haves and wants of users for two party and multi-party trades. Barter is encouraged by a user friendly Web design. 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

BarterQuest has announced that its special promotion to encourage individuals to use its recently launched trading site, barterquest.com, will expire on January 15th.

BarterQuest has invited users to trade directly with the site for an iPod Touch, a Nintendo Wii, or a Prada handbag by making their best offers for each or all of these items.

“As is the case with all trades on barterquest.com, to make an offer you should register on our site, post the items you want to trade, and make one or more offers for any or all of our items. We will accept the best offers received before January 15th. For additional details, you can visit our home page and click the promotions box,” said Michael Satz, Chairman and CEO. “And our users should remember that, whether or not they want to trade for our items, all items that they post before February 28th, 2009, whether goods, services or real estate, can be traded for free, regardless of when in the future their trade is completed.”

About BarterQuest
BarterQuest supports the cashless exchange of all types of goods, services, and the use of real estate (the features necessary to trade real estate will be introduced in the near future). BarterQuest provides a trading platform based on proprietary, patent pending technology that instantly matches the haves and wants of users for two party and multi-party trades. Barter is encouraged by a user friendly Web design. 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

Patent pending technology first to allow instant matching of single and multi-party trades.

BarterQuest (http://www.barterquest.com), which provides a platform that supports the cashless exchange of goods, services and the use of real estate, today announced the public launch of its online barter site.

BarterQuest has created a virtual marketplace for barter that will facilitate the seamless exchange of goods, services, and real estate between individuals and businesses anywhere in the world. Modernizing the oldest form of commerce, BarterQuest has developed a patent-pending Matching engine to instantly match the “haves” and “wants” of its users. Barterquest’s proprietary technology is the first to enable multi-party trades. This simplifies barter, allowing users to easily locate trading partners and enhance the quality of their exchanges. All items posted on the site before February 28th, 2008 can be traded for free, regardless of when the trade is completed.

“Barter has enormous potential for consumers as well as organizations around the world, especially during difficult economic times. BarterQuest helps meet a growing market need by giving users a viable, innovative alternative to using money they may not have,” said Michael Satz, Chairman and CEO of BarterQuest. “To successfully navigate a virtual marketplace of millions, our patent-pending Matching engine allows users to identify and complete trades closest to their needs, avoiding the challenges associated with manual searching. Further, we are convinced that barter should and will become a key element in preserving our environment by reducing the waste associated with constantly disposing of the old and buying the new. We are delighted to make our online barter site available to the public.”

Michael Satz, Chairman and CEO; Dr. Paul Bocheck, President; and Bianca Han, Executive Vice President, comprise BarterQuest’s senior management team. Together, they have more than 65 years of combined experience in establishing and operating entrepreneurial ventures, including the founding of NYSE listed companies, in engineering software and in new product development. BarterQuest completed its first round of funding from angel investors in the U.S. and Asia.

About BarterQuest
BarterQuest supports the cashless exchange of all types of goods, services, and the use of real estate. BarterQuest provides a trading platform based on proprietary, patent pending technology that instantly matches the haves and wants of users for two party and multi-party trades. Barter is encouraged by a user friendly Web design. 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

Capital to support launch of global consumer trading platform to enable cashless exchange.

BarterQuest, which provides a consumer trading platform that supports the cashless exchange of goods, services and the use of real estate, today announced it has successfully completed its first round of funding.

The capital secured from angel investors in the United States and Asia will be used to support operations for BarterQuest’s official launch in December 2008 and the initial ramp-up of the site. Future capital investments will finance additional marketing efforts to accelerate site utilization. The next round of funding is expected to close early 2009.

BarterQuest has created a virtual market for trading that will facilitate the seamless exchange of goods and services between individuals throughout the world. Modernizing the oldest form of commerce, BarterQuest has developed proprietary matching and trading engines that enable multi-party trades across all types of goods and services. BarterQuest’s business strategy is to position the company as the barter platform of choice for all consumers worldwide.

“The completion of our first phase of funding demonstrates that capital formation is possible in spite of the current financial crisis. Because of our unique fundamentals, investors believe in BarterQuest’s business model and the potential growth opportunities we represent,” said Michael Satz, Chairman and CEO of BarterQuest. “Traditionally, during a recession or when cash is scarce, consumers look for ways to save money. As a result, bartering activity has increased by fifty percent in the present economic environment. The launch of BarterQuest is timely.”

About BarterQuest
BarterQuest provides a consumer trading platform that combines a user friendly Web design with proprietary, patent pending technology that instantly matches the haves and wants of users for two party and multi-party trades. BarterQuest supports the cashless exchange of all types of goods, services, and the use of real estate. 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

Global Communications Firm to Provide Brand Consulting and Media Relations Support for BarterQuest.
Gutenberg Communications, a global, strategic communications firm offering public and investor relations services, today announced it was selected as the public relations agency of record to represent BarterQuest, a consumer trading platform that supports the cashless exchange of goods, services and the use of real estate. BarterQuest is owned and operated by JPM Global, Inc., a Delaware corporation.

Gutenberg Communications will help raise global awareness of BarterQuest as a virtual marketplace that will enable millions of individuals to trade goods and services. By drawing on international brand consulting and media relations experience, Gutenberg will support BarterQuest through its current beta phase, official launch and expansion into the multi-billion dollar market for barter.

“Most current activity in the electronic barter market occurs between businesses. The consumer market has remained largely untapped. We want consumers around the world to understand the benefits of trading as a way to save money and be environmentally responsible and, as the electronic market for consumer barter grows, to recognize BarterQuest as the premier trading platform,” said Michael Satz, Chairman and CEO of BarterQuest. “With a global communications model and strong experience with entrepreneurial companies, we feel Gutenberg Communications shares our vision and will place BarterQuest in front of the right audiences. We look forward to working with Gutenberg to successfully build our brand.”

“BarterQuest has made consumer trading a real alternative to paying cash through its unique technology that allows users to easily find trading partners,” said Harjiv Singh, Co-founder and CEO, International of Gutenberg Communications. “We are pleased to support BarterQuest’s journey as it becomes the leader in online barter through our international network, creative public relations approach and commitment to exceptional client satisfaction.”

About BarterQuest
BarterQuest provides a consumer trading platform that combines a user friendly Web design with proprietary, patent pending technology to instantly match the haves and wants of users for two party and multi-party trades. BarterQuest supports the cashless exchange of all types of goods, services, and the use of real estate. BarterQuest is headquartered in New York, NY and is owned and operated by JPM Global, Inc., a Delaware corporation. For more information, visit http://www.barterquest.com

About Gutenberg Communications
Gutenberg Communications is a global full-service, strategic communications firm offering public and investor relations services. The firm leverages communications to key audiences across a global landscape for clients in numerous industries including technology, real estate, financial services, healthcare, academia and conference marketing. Gutenberg Communications is built upon a foundation of services that include executive thought leadership, media relations, crisis communications, executive speaking, event planning, and investor relations services. Gutenberg Communications is headquartered in New York and has offices in Silicon Valley, Boston, London, Mumbai, New Delhi, Bangalore, and Hyderabad.

BarterQuest launched on an invitation only basis on Wednesday, July 9th. BarterQuest is the first trading site to instantly match the haves and wants of its users for two party and multi-party trades. Users who are invited to use the site during this period of restricted access will not be charged for trades. Moreover, users who complete at least one trade during this period will be able to trade for free for one full year following the site’s public launch, regardless of the number of their trades. Individuals who wish to receive an invitation to trade are asked to visit www.barterquest.com

Paul Bocheck, the President, stated that “users of BarterQuest are able to quickly identify attractive two party and multi-party trading alternatives by using either a keyword search or our proprietary matching engine. This feature acts as a compass for individuals attempting to navigate a marketplace that can and, we believe, will comprise millions of items. Without the need for cash, parents can trade for cribs or cradles, toys, and children’s clothing, students can trade for books or textbooks, CDs or DVDs, and video games, and yet others can trade for collectibles or crafts. Moreover, as a platform for recycling, our site is a natural extension of the green revolution. We hope that people will join the BarterQuest community and be green, save money, and have fun doing it.”

BarterQuest.com is owned by JPM Global, Inc., a Delaware corporation. BarterQuest.com is an interactive Web site for the cashless exchange of all types of goods, services, and the use of real estate between individual consumers. The public launch of the Web site is expected in the fall.

New York, NY– July 2, 2008– BarterQuest.com will launch on an invitation only basis at 3:00pm EDT on Wednesday, July 9th. BarterQuest will be the first trading site to instantly match the haves and wants of its users for two party and multi-party trades. Users who are invited to use the site during this period of restricted access will not be charged for trades. Moreover, any users who complete at least one trade during this period will be able to trade for free for one full year following the site’s public launch, regardless of the number of their trades. Individuals who wish to receive an invitation to trade are asked to visit www.barterquest.com

Michael Satz, the CEO, stated that “we are confident that BarterQuest will represent the new standard for trading sites. Both its design and its functionality will allow users to quickly identify attractive trading alternatives and complete their trades. Without the need for cash, parents can trade for cribs or cradles, toys, and children’s clothing, students can trade for books or textbooks, CDs or DVDs, and video games, and yet others can trade for collectibles or crafts. Anyone who has anything of value to anyone else can be a successful user of our site and not only get something they want, but save money, support the green revolution by recycling, and, not least of all, have fun doing it.”

BarterQuest.com is owned by JPM Global, Inc., a Delaware corporation. BarterQuest.com will be an interactive Web site for the cashless exchange of all types of goods, services, and the use of real estate between individual consumers. The public launch of the Web site is expected in the fall.

BarterQuest.com, a Web site under development, announced that its parent company has initiated the process to establish international patents related to its proprietary trading and matching systems. BarterQuest.com will be a trading platform for the individual consumer that automatically matches the haves and wants of potential traders.

Dr. Paul Bocheck, the President of the Company, stated that “this will importantly extend the protection that is afforded by the U.S. domestic provisional patents filed in October 2006 and the three non-provisional patents filed in July 2007. BarterQuest will be a global site that supports trades in goods, services and real estate. The site will provide users with the unique ability to automatically navigate their trading alternatives to identify potential trades that respond to their specific preferences, whether such trades are between two parties or require multiple parties for their successful completion.”

BarterQuest.com is owned by JPM Global, Inc., a Delaware corporation. BarterQuest.com will be an interactive Web site for the cashless exchange of goods, services, and the use of real estate between individual consumers. Key word searches and the automatic matching of the haves and wants of users will facilitate two-party and multi-party trades. The Web site is undergoing alpha testing and will launch in 2008.

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