BrandXchanges shakes up traditional distribution in top brands

Brugge, Belgium (PROTEXT/ots) - BrandXchanges believes thatprices of internationally branded products should be transparentand accessible to everyone. Similar to consumers being able toshop wherever they want, BrandXchanges' members can now compareprices for products in wholesale volumes and access other tradechannels without any risks. BrandXchanges is an online marketplace for internationallybranded products, mainly alcoholic beverages, cosmetics,tobaccos, and non-perishable foods. BrandXchanges' team activelysources and promotes new trade opportunities worldwide. Membershave a personalised access to and view of the marketplace.BrandXchanges acts as agent for the seller and the buyerpurchases from BrandXchanges; buyer and seller identities are notdisclosed. BrandXchanges provides a full service settlement solution forboth buyer and seller, i.e. inspection, logistics and escrowpayment. Goods are offered and bought ex-bonded warehouse where theyare inspected by one of its specialised logistics warehousepartners. BrandXchanges has established a worldwide partnershipwith the SGS Group to provide additional inspections, ifrequested. A full range of logistics services are offered and co-ordinated by BrandXchanges. Buyers only pay once they are totally satisfied about thequality of the goods, and ownership of the goods is onlytransferred once payment has been received. BrandXchanges workswith Fortis Bank, one of the top 15 financial institutions inEurope, to manage fund flows worldwide across depository holdingaccounts. Membership is free. Only once a deal has been completed, afixed fee is charged to both buyer and seller. BrandXchanges.com is a privately held company located inBelgium, Europe. BrandXchanges.com was founded in July 2000 andis headed by a management team with over 15 years of offlinetrading and logistics experience. The company was started withprivate equity. The current shareholders have the intention toallow major industry players in both trade and logistics to takean equity stake in the near future. ots original text:BrandXchanges Internet: http://www.newsaktuell.be For furtherinformation, please contact: BrandXchanges Edward AckermansWittemolenstraat 45 / 3Tel: +32-50-40-48-60 8200 BruggeFax:+32-50-40-48-70 BelgiumE-mail: info@BrandXchanges.com Website:http://www.brandxchanges.com

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