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ITEX Corporation - Company Profile Snapshot

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Company Profile: ITEX Corporation
Ticker: ITEX
Exchanges: NAS
2009 Sales: 16,502,000
Major Industry: Miscellaneous
Sub Industry: Service Organizations
Country: UNITED STATES
Employees: 32

Business Description
ITEX Corporation. The Group's principal activity is providing services for cashless business transactions for which it acts as third-party record-keeper. The company provides business through its independent licensed brokers, area directors and franchise network in the United States and Canada. The Group also provides standardized marketing and support materials, advertising, ongoing training, promotion and support to assist our Broker Network in expanding the member base. The Group generates revenue by charging members percentage-based transaction fees, association fees and other fees. It assists the members in marketing their products and services through their Broker Network, newsletters, email, faxes on their website and other promotional means. The Group operates in the United States.

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