By the end of this week The Trade Banc, in Federal Court, intends to seek declaratory judgment to cancel Tradebank International’s alleged mark. Courts have many times held that generic terms such as trade and bank are not enforceable as trade marks holding that generic terms cannot be trademarked.

In the first 2 months of 2010 the total barter sales in The Trade Banc network were up 67.3% from the previous year. These sales are for exchanges that were open for 1 year or more and do not include sales of new exchanges opened less than 1 year, showing again the strength of the barter industry in these terrible economic times. A good part too of the sales increase is due to the strength of the many exchanges within The Trade Banc network that allow trading between members of one exchange with members of another exchange, greatly increasing goods and services available to all.

Many independent trade exchanges recognize the value of being part of an Internationaal exchange, The Trade Banc, with multiple offices worldwide. Unlike franchise offices of some other national exchanges software users of The Trade Banc barter software own their own members and do not pay 20%-30% of their profits to headquarters yet are being recognized as part of an international recognized barter organization by using Trade Banc in their name. Just some of the exchanges now using Trade Banc in their name: Phoenix Trade Banc, National Trade Banc, Georgia Trade Banc, Atlanta Trade Banc, Philippines Trade Banc, New York Trade Banc, Africa Trade Banc, Global Trade Banc, South Florida Trade Banc, and Florida Trade Banc to name just some of the exchanges benifitting from the network name The Trade Banc. If you are an independent exchange stop going it alone and give your members access to many exchanges and all the goods and services they offer. The Trade Banc barter software not only gives you all you will ever need it also gives you all you could ever want too.

Since it’s introduction a few months ago The Trade Banc Member Protection Plan has been well received. Under the plan any exchange that signs up for the plan, and all new exchanges that are automatically added can assure their members that should their exchange ever go out of business that the members barter dollars are safe and the member will be assigned to another exchange so business continues as usual. The member protection plan has no effect on an exchange should they sell their exchange or merge with another exchange and there is no cost to thte exchange for the Member Protection Plan.

In The Trade Banc if you are an attorney in an exchange and listed as attorney, legal services, lawyer, divorce attorney, divorce lawyer you are counted as one member.. An attorney in Do Barter under the same listings is counted as 5 members (one for each listing). Certainly not truthful huh?

The Trade Banc saw tremendous growth in 2009  with 56 exchanges added to the list of software users utilizing The Trade Banc Barter software.  Besides big growth in The US we added exchanges in The Philippines, South Africa, Brazil and soon offices in several other countries. We also added Ben Shen to our software development staff as we prepare for future growth and expect our European office to open in the first quarter of  2010 in France.