Expands Executive Privileges Program,
Partners With Simply Hired To Launch Electronic Job Listing Board
Corporation (OTCBB:ITEX) has partnered with Simply Hired to launch
an electronic job listing board called ITEX Jobs. Preferred Payment
Plan (3P) members will be able to list job postings and have these
listings distributed throughout Simply Hired’s network...including
high traffic sites such as LinkedIn, My Space, and the recently
launched Job-a-matic publisher network at
3P members will
be able to participate in this program for the low price of 10-ITEX
dollars. Members will be offered this service at a substantial
discount from what other businesses must pay for in cash—some as
high as $495 per listing—on other popular job listing services or in
their local newspapers.
“The goal is to
provide real value in areas we believe help small businesses be
successful.,” stated Steven White, Chairman and CEO. “We believe
that by lowering the cost of hiring we can help to substantially
boost our ITEX (member) businesses’ profitability.”
The firm is
expanding the services it provides its members to include
recommended vendors, to assist them in operating their business.
“Where we are unable to provide a vendor in our electronic barter
system, we will team up with a leading company to provide discounts,
personalized service, and added value,” White clarified.
Privileges Program leverages the bargaining power of the 22,000
member ITEX businesses, to derive benefits that individual member
businesses would be unable to obtain on their own.
forward to working with ITEX to bring their members additional
value,” Gautam Godhwani, CEO of Simply Hired, declared, “whether
they are looking to hire employees for their business or seeking to
find their dream job.”
has been lauded as one of the “50 Coolest Websites 2005” by Time
Magazine, declared “Best of the Web” by Business Week,
and celebrated as one of “50 Best New Websites” by PC World.
The company has
raised $17.7 million in funding from News Corporation’s Fox
Interactive Media, Foundation Capital, Garage Technology Ventures,
and individual investors. Simply Hired, www.simplyhired.com,
is privately held and based in Mountain View (CA).
in Bellevue (WA), ITEX processes more than $250 million a year in
transactions through 22,000 member businesses that are managed by 95
franchisees and licensees.
information go to
www.itex.com, or e-mail