The Company ITEX was founded in 1982 and is a public company (OTC BB:ITEX) operating the leading marketplace of cashless business transactions in North America. We processed more than $140 million in Gross Merchandise Value (GMV) during the past year between thousands of member businesses, assisted by our 90 franchisees and licensees. Member businesses increase sales through an exclusive distribution channel, by utilizing the ITEX dollar to exchange goods and services. ITEX is powered by ITEX Payment Systems, the leading payment technology platform for processing cashless business transactions. ITEX is headquartered in Bellevue, Washington. Brand Power Why work to build a brand from scratch when you can start ahead of the game? We help our Franchise Partners grow and they help us build a national brand. By becoming an ITEX Franchisee, you have all the advantages of a recognized name and an established network all over North America. Shared Systems & an Experienced Team ITEX operates the premier web based Account Information Management software in the industry. All you need is Microsoft Internet Explorer® to access your information anywhere you have an internet connection. We will share with you methods developed through 30+ years of experience enrolling new members and helping them transact through the Cashless Marketplace. Learn from ITEX veterans as you network with our Franchise Partners through our International Conventions, regional meetings, online broker forum, and teleconferences. Microsoft and Internet Explorer are registered trademarks of Microsoft Corporation in the United States and/or other countries. Quality Franchising allows us to be selective in welcoming Partners into the system. You need a high level of comfort to commit to being an ITEX franchisee. We require a high level of comfort with your experience, abilities, background and financial resources before we can welcome you as an ITEX Franchise Partner. The legal requirements of maintaining the franchise network ensure that we will both have the information we need before making a decision that will affect both of us for years into the future. Our Vision Our vision: "To establish the ITEX dollar as a widely accepted currency, and the ITEX Marketplace as the hub for cashless transactions throughout North America."