MEDIA RELEASE 4 September 2006
BBX to sponsor Adelaide Multicultural Festival
ASX listed barter exchange company BBX Holdings Limited (BBX) is proud to
announce major sponsorship for the Adelaide Multicultural Festival to be held on
28 - 29 October at Thorndon Park Reserve, Paradise South Australia.
The Festival is a showcase for multiculturalism in Adelaide with its focus on
promoting a greater understanding of Australia’s diverse culture.
Activities will include food, family fun and entertainment and is a weekend not
to be missed.
This latest BBX sponsorship continues the company’s strategy of sponsoring and
supporting premier Australian events. For more information go to:
BBX is a barter trade exchange that allows members to barter goods and services
without using cash or credit but rather using trade dollars to assign the value
to the transactions that take place between members of the exchange.
Barter is a powerful tool to not only purchase goods and services without using
valuable cash, but also to build strong business networks and provide immense
opportunities for business growth.
In essence, BBX acts as the third party facilitator and record keeper, and
issues members with monthly statements, showing the purchases and sales they
have made during the month. They also use plastic charge cards similar to other
credit/debit cards in order to conduct business.
Members transacted $146 million in trade for the 2006 financial year and the
company is the second largest barter operator in Australia, facilitating the
‘cashless’ trading of goods and services between members.
BBX now has approximately 7,000 Australian, New Zealand and Indian member
businesses, with offices and/or franchises situated in all mainland states of
Australia and the North and South islands of New Zealand, as well as India.
BBX can be contacted on 1800 222 229. The website is
Released for BBX by Dennis Rutzou Public Relations.
For further information contact Dennis Rutzou
or Fiona Pennington on (02) 9413 4244.