Released on: March 21, 2008, 10:27 am

Press Release Author: ThatPRGuy.com

Industry: Small Business

Press Release Summary: The use of trade and barter through a barter exchange has
become a growing trend for businesses and individuals, and now BarterBing, LLC has
announced the development of a revenue sharing plan for members.

Press Release Body: Hope, RI - BarterBing.com, a privately owned 9-year-old barter
exchange, is networked with 250 other trade exchanges around the world, with a total
of more than 50,000 members anxious to buy and sell using barter instead of cash.

BarterBing.com is a 24/7 online trading platform, like eBay (R), except trades are
done using barter or trade dollars instead of cash, or federal reserve notes.

A barter or trade exchange is similar to a bank, except that it uses trade dollars
as a medium of exchange instead of cash dollars. Membership in the
http://www.BarterBing.com trade exchange enables members to list their products and
services for sale, similar to eBay but without a listing free. It then facilitates
trading between members. In addition, it provides the accounting services and
statements that help members keep financial records and meet IRS requirements.

"We began the revenue sharing program to help expand the worldwide barter economy as
an antidote to worldwide recession," explained Bill Rosenberg, president and C.E.O.
of BarterBing, LLC. "Revenue sharing gives our members added incentive to help the
barter community grow, which means more and more people will learn the advantages of
using trade dollars instead of cash dollars."

When the economy becomes slow, there are many businesses with slow-moving inventory,
or even perishable inventory such as radio time, billboards, vacant hotel rooms,
airline tickets, empty tables at restaurants, or event tickets. Companies that
provide services may have unsold service time that can be sold through barter.

"Companies can move their unsold inventory or unsold service time through barter and
thereby improve revenue during a slow economy. A key consideration is that once the
sale is made through barter the trade dollars can be banked in the trade exchange
until you want to make a purchase later. Barter gives you greater revenue and
improves liquidity," said Rosenberg.

Members of http://www.BarterBing.com are now able to receive revenue shares when
they recommend the barter exchange to others, which gives incentive for members to
help the barter community grow.

"Everyone benefits as the number of members increases. BarterBing is networked with
250 trade exchanges throughout the world, with a total of more than 50,000 members.
Maximizing cash flow is a top priority of all businesses. Using trade dollars, as an
alternative to spending cash, helps you conserve cash," said Rosenberg.

About BarterBing, LLC:
BarterBing, LLC was founded by Bill Rosenberg in 1999 in Hope, RI in the Providence
area. The privately owned company has offices at 295 Main Street, Suite 100, Hope,
RI 02831. Members have access to the goods and services offered through barter from
over 50,000 other members in countries throughout the world.


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Contact Details: Bill Rosenberg
401-821-5164