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ITEX Holds 28th Annual Convention

This week from May 17 to 19, the nation�s largest barter company, with over 24,000 members, will be holding its 28th annual convention in Las Vegas.

A full slate of sessions are scheduled in addition to general business sessions. An array of subjects will be covered which include:

         Creating control out of chaos

         Adding non-profits to the trading community

         Super media�s super trade exchange

         Strategies for building member loyalty and improving member participation in trade activity

         Trade directing round table

         Corporate overview (by CEO Steven White)

         Overview of Microsoft products including Windows 7 and Office 2010

A special recognition and awards-presentation ceremony will be held at the gala banquet Wednesday evening.

ITEX To Pay Cash Dividends

The ITEX Board of Directors (OTCBB:ITEX) has approved the initiation of a cash dividend to their shareholders. Quarterly dividends of 2.5-cents a share (10-cents annually) will be paid to shareholders of record at the close of business on June 15, 2010.

On April 15 ITEX announced a one-for-five reverse stock split, which took effect on May 3, 2010.

For more information on ITEX click here.

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