Atlanta, GA 2/27/2008 9:19:16 AM
News / Business

ITEX Corporation (ITEX) to Release Q2 2008 Earnings March 4

ITEX Corporation (OTC:ITX) will release the second quarter earnings for 2008 on March 4.

ITX Corporation operates a marketplace for cashless business transactions in North America.  The company services its customers through independent licensed brokers, area directors and a franchise network in the United States and Canada.

The company offers 22,000 member businesses to the ability to trade goods and services valued at more than $270 million.  Instead of exchanging the goods for cash, the products and services are charged ITEX dollars to be redeemed in the Marketplace.  The company operates the Marketplace and acts as a third party record keeper for member transactions.

The company acquired the Intagio Group Inc, including certain assets which were used in connection with Intagio’s commercial trade exchange marketplace.

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