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Aussie Group Acquires Global Barter Giant

Bartercard Australia (controlled by Brian Hall, Trevor Dietz and Tony Wiese) has acquired the entire 60% stake of the majority shareholder of Bartercard Ltd. (UK), the international licensor of the Bartercard business-to-business trade exchange and global cashless payment system. Bartercard has been operating for over 21 years in Australia and has 55,000 international business members trading in six countries over $1 billion a year.

Founded in 1991 (by Wayne Sharpe, Brian Hall and Andrew Federowsky) Wayne Sharpe now steps down from the role of Executive Chairman and CEO of the Bartercard Group of companies after selling his majority stake.

The Bartercard Australia team plans to continue investing in transactional-based technology, thus making it easier and more convenient for business members to barter trade. Hall affirmed, �We also hope to ignite the international expansion program into other countries to create more travel and import/export opportunities for members worldwide. We are looking forward to the challenge ahead that is to make Bartercard as well known to business owners as Visa and MasterCard, by becoming the non-cash global trading currency of the world!�

Although started in Australia, the parent company moved to the UK over a decade ago when Sharpe relocated to London. Bartercard Europe headquarters will continue to be led by UK CEO Simon Barker, and the new majority owners have major plans for expansion via their core franchising/licensing model into the UK and European markets.

Bringing the ultimate ownership �back home� will help deliver a bright new future for Bartercard globally according to outgoing CEO Wayne Sharpe. �Australians have played a huge role in Bartercard�s global expansion,� he explained. �It�s with great pride I look back on the past 21 years, and I have no doubt that the new ownership will invigorate growth.�

Bartercard Australia will announce a series of new restructuring roles internally in coming weeks and its entire executive management team is excited about the future and the significant opportunities this change brings to the company.

Wayne Sharpe, who led Bartercard since its inception and humble beginnings on Australia�s Gold Coast, will now concentrate all of his efforts in development of his new Sydney-based carbon-trading company, Carbon Trade Exchange. (Australia is scheduled to enact a carbon tax in July, 2012.)

For more information go to: www.bartercard.com.au or www.bartercard.com.

Is Your Trade Exchange Missing Out On Valuable New Business?

If your barter company�s listing on BarterNews.com isn�t current, you are definitely missing out on new business. The web site BarterNews.com receives heavy traffic � with over 150,000 page-views every month. Entrepreneurs and corporate executives check the thousands of articles, the weekly �Tuesday Report,� and the �Contacts Section� of our site. They use the latter to find barter companies with which to do business.

Is your barter company�s listing up-to-date?

To keep your listing current is very easy. See the links below to (A) update any changes to your company�s listing, such as new location, phone number, web site or other information, and (B) if your company has not been listed.

Here�s how to get on board:

To make changes to your listing click here.

For new listings click here.

Los Angeles Unified School District Sets Up Barter Program

The Los Angeles Unified School District (LAUSD), second largest in the nation with over 900,000 students, is embarking on its own in-house bartering program to potentially save millions-of-dollars by moving surplus assets efficiently and with little expense.

Barter21 software is being used by LAUSD as their trading platform.  The software has been customized to fit the needs of the patent pending Vorsetrade barter system, which is designed specifically for schools and other large organizations with surplus assets.

Scot Vorse, president and founder of Vorsetrade, is the mastermind behind the idea of getting public schools trading their excess inventory, such as desks, chairs and textbooks, for the items that they need. Instead of doing a direct trade, they can barter with their own internal credits. This is a barter exchange with an extraordinary twist, and a way to smartly reallocate resources that are sitting in storage.

Mr. Vorse came to BCL Soft to see if the existing Barter21 software could be modified to some very unique specifications. Thus, instead of starting from scratch and taking several years to develop, modifications to the already robust Barter21 software took only a few months to complete.

Schools in the LAUSD can now put their �for sale� items onto a trading floor. Items for sale are approved by the school district and made available for purchase � not with cash but with barter credits � to the other schools in its district. For example, instead of having too many student chairs and and not enough desks, a school can now �sell� the excess chairs and use the barter credits to �buy� the desks they need elsewhere in the system.

For the 2011�2012 school year, the budget for the LAUSD is approximately $7 billion. The potential savings to the district could be in the millions-of-dollars. Plans are in the works to take the Vorsetrade system to other school districts. Large budget or small, this system can potentially save a school district a substantial amount of money.

Barter21 by BCL Soft is the fastest growing barter and trade exchange management software in the industry. The patent pending Vorsetrade application of this versatile software is positioned to help school districts across the country save money, while still getting exactly what they need to provide a better education for students. With more and more school budgets being cut, schools are learning what businesses have known for years � barter allows a school, business, or organization to get the goods and services they need without spending precious cash.

For more information about the Vorsetrade System or Barter21 Software, call Catherine Cohen of BCL Soft at 623-242-2537 or e-mail her at cat@bclsoft.com.