1 July

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BARTERCARD USA EXPANDS OPERATIONS IN NORTH AMERICA

World’s Largest Retail Trade Exchange Adds Three New Franchises

JUNE 30, CHARLESTON, SC- Bartercard’s operation in North America has expanded its reach with the sale of three new franchises, covering Chattanooga in Tennessee, Irvine in California, and North Georgia in the state of Georgia.  Paul Bolte, President and CEO of Bartercard USA, headquarted in Charleston is thrilled about the new growth. “William Resides, Eric Stinnett and Shane Fossett, the Franchisees who will manage and operate the three new markets are highly experienced entrepreneurial business veterans.  The enthusiasm they have displayed for the industry is exciting and we look forward to working with them to grow Bartercard in these new markets.” Mr. Bolte said.

With a diverse business background including 18 years working in a large corporation managing upward of 350 staff, more than 20 years operating his own businesses in the auto industry and more recently establishing a financial services business, Shane Fossett is delighted to be joining Bartercard.  “I am a passionate entrepreneur and believe Bartercard will assist business owners to achieve their goals. I look forward to connecting and working with businesses in the North Georgia area, assisting them to utilize Bartercard to take their business to the next level,” said Mr. Fossett.  “As a business owner I can see the incredible opportunity Bartercard provides for businesses to maximize their profitability and connect with each other. After 25 years of operation in other countries, I am excited to be a part of Bartercard as it commences its expansion across the US.” Mr. Fossett concluded.

William Resides has been an entrepreneur from the word go, self-employed as the CEO of his companies for the past 25 years.  Coming from a background of small business Mr. Resides has a very good sense of what small business owners are facing on a daily basis. He is looking forward to assisting business owners in the areas that he feels are the most critical, customer acquisition and monetizing expenses and payables through the power of Bartercard. “I truly believe with my background and understanding coupled with the offerings of our Bartercard USA membership platform that I will bring a definite value to my community of businesses from small mom and pop’s to Fortune 500.” Mr. Resides said. “I am most excited about the ability to work with such a great team of individuals and be part of the culture and mission of Bartercard. I feel blessed to be at the beginning of what will be a massive expansion into the United States of America.”

A lifelong entrepreneur, Eric Stinnett’s business career started while still in college, owning and managing a successful newsstand operation in a prestigious Atlanta, GA executive office tower.   After a few corporate B2B sales positions in the technology industry, Eric started a real estate development company in Northwest Georgia.  For almost two decades he personally developed multimillion dollar commercial, residential and multi-family projects.  Now residing in Orange County, California, Mr. Stinnett is looking forward to being the first Bartercard USA franchise owner in California.  “What I love most about Bartercard USA is that you are in business for yourself but not by yourself.” Mr. Stinnett explained.  “From the corporate leadership team to franchise owners around the globe, we are all vested in each other’s success.  At Bartercard USA, we have a multi-billion-dollar market combined with a ground floor opportunity that leverages a 25-year-old proven model for growth.  For the entrepreneur, it’s the perfect storm.  The fact that we are now able to bring Bartercard to the USA, the greatest marketplace in the world, is truly something special.” Mr. Stinnett concluded.

The new franchises bring the number of representative regions in North America to ten, which is consistent with Bartercard’s stated plans of expanding across the country through the sale of franchises in key strategic areas.

Established in 1991 in Australia, Bartercard operates the world’s largest trade exchange actively facilitating more than $40,000,000 in business-to-business barter transactions monthly in 8 countries throughout the globe. Its state-of-the-art technology and worldwide member network of more than 24,000 businesses has set the standard in the industry.

 

Local businesses that are interested in learning more about Bartercard are encouraged to contact
Mr. Resides (Bartercard Chattanooga, TN) at bill.resides@bartercardusa.com,
Mr. Stinnett (Bartercard Irvine, CA) eric.stinnett@bartercardusa.com or
Mr. Fossett (Bartercard North Georgia, GA) shane.fossett@bartercardusa.com.