ITEX
CEO Likes What He Sees � Buys Part Of Blogging Company
ITEX
Corporation (OTCBB:ITEX) announced it was teaming with
MyTypes.com, an online
Seattle company, and had made an equity investment in the private
company.
Steven White,
chairman and CEO stated, �MyTypes has developed a very
customer-centric method to make business blogging easier and
friendlier. We are pleased to be able to make the benefits and
convenience of MyTypes' services available to our thousands of
members utilizing ITEX dollars.
�Blogging is
only a small part of how MyTypes will assist us. The ITEX
Marketplace will also be made available to the expanding MyTypes
business community, currently with more than 5,000 blogs and ranking
in the top 10 of major search engine placement for blog-related
keywords.�
He continued,
�We were so impressed with their team that ITEX also took a 15%
equity position in MyTypes. As part of our collaboration, two
MyTypes senior software engineers have been retained to work on our
in-house initiatives over the next three months. This should prove
to be a win-win situation for all parties.�
�ITEX and
MyTypes share a similar commitment to making the online marketplace
easy to use, and creating a positive and profitable business
community for small business,� said Vipin Singh, co-founder and CEO
of MyTypes.
�Just as ITEX
created a new and better way for small business to increase sales,
MyTypes has developed a powerful business blogging platform with
built-in promotion for better rankings in the search engines for its
business community. We�re really looking forward to proving our
value throughout the trading community and building the world�s
largest small-business community and online marketplace.�
