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ITEX Boosts Cash Dividend By 60%

ITEX, the largest trade exchange in the U.S., announced that its Board of Directors has approved a 60% increase in the quarterly cash dividend to 4-cents per share (16-cents per share on an annual basis). The next quarterly dividend will be paid on December 20, 2010, to stockholders of record as of the close of business on that date.

�We continue to generate positive cashflow providing us the ability to return more cash to stockholders, without jeopardizing future strategic opportunities,� explained Steven White, ITEX Chairman and CEO. �We have confidence in our operational performance going forward, and we will manage available and future cash resources wisely in order to deliver a consistent dividend that current and future shareholders can rely upon.�

For more information about ITEX click here.

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