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02/12/2008

ITEX Adds 23 Restaurants As Expansion In Chicago Market Continues

ITEX Corporation (OTCBB:ITEX) is rapidly expanding in the Chicago market, having registered the prestigious Ala Carte group of 23 restaurants as well as retaining Karen Kelly to lead ITEX�s efforts to add hospitality companies to the trading community.

Ala Carte Entertainment (http://www.aceplaces.com) was founded by Freddie Hoffman more than 30 years ago, and has introduced an eclectic variety of unique restaurants and nightlife hot spots to the Chicago area. Most of its locations offer catering and private party spaces.

Ala Carte Entertainment gives ITEX a boost as it expands its offerings in the Chicago area. In addition, new team member Karen Kelly has been added. A graduate of Levy University in Chicago with majors in hospitality and business, she has 15 years experience in the hospitality industry. Karen is leading the ITEX expansion in the states of Illinois, Indiana and Wisconsin, attracting quality hospitality companies.

�Ala Carte Entertainment,� said John McKendrick, Ala Carte Controller, �is planning to conduct more than $200,000 in annual transactions with ITEX members through its Chicago area restaurants, which include Excalibur, Sam Houston�s Char House, Famous Freddie�s, Fin McCool�s, Lion Head Pub, Chandler�s Chophouse and Moretti�s Ristorante and Pizzeria.�

�We are very pleased to have Ala Carte Entertainment, one of the Chicago area�s premier dining organizations, as our newest member,� asserted Steven White, Chairman and CEO of ITEX. �Its entrepreneurial management team understands the benefits of having small business patrons frequenting their restaurants and utilizing the ITEX dollars received for a variety of local services such as advertising and printing.�

�Karen Kelly is providing additional value for us as she focuses member recruitment on hospitality companies...a high demand request from our trading members. We are really gaining traction in our Chicago office, registering some great businesses and energizing our local trading community,� added White.

For more information see www.itex.com.


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