AirGATE Demonstrates New Wireless Authenticity Verification System; Wireless Technology Authenticates Inventory Clothing, Artwork, Sports Memorabilia, Collectibles and High-Value Documents.DALLAS -- AirGATE Technologies, Inc., a wholly owned subsidiary of the X-Change Corporation (OTCBB:XCHC), will showcase several aspects of the company's cutting-edge technology at the Dallas - The RFID HUB kickoff celebration today in Dallas. Senior management as well as research and development team members will be on hand to demonstrate and answer questions concerning the company's new authentication system (AirAVS), as well as its innovative child safety seat technology and inmate identification system. AirGATE Technologies is a launch partner and one of the sponsors of the event. AirGATE's AirAVS system can be employed in a number of disciplines where authentication and chain-of-custody is a high priority. The system was developed in cooperation with clients seeking a compact, non-invasive method to control inventory such as clothing, artwork, sports memorabilia, collectibles and high-value documents. AirAVS is based on Hitachi's "mu-chip," the world's smallest RFID integrated circuit. It provides the ability to track, trace and monitor items cost effectively, ultimately enhancing security, and protecting brand image. The system provides high visibility of the tagged item throughout supply, value chain or life-cycle. The system also incorporates a unique electronic token for use in sale transactions to ensure accuracy and security of the AirAVS database. "The collectibles market is a multi-billion dollar industry that is plagued with counterfeits," stated Mike Sheriff, CEO of AirGATE Technologies. "The AirAVS system was developed in concert with this market and should help to alleviate many of the problems in identifying the authenticity of items through the use of this technology." About AirGATE Technologies AirGATE Technologies, Inc. is an early-stage company specializing in radio frequency identification (RFID) and wireless, intelligent, sensor technology. As a full-solution company, AirGATE Technologies handles business assessment, process and technology blending, solution architecture, technology selection, including proprietary AirGATE technology, and integration and support. The Company has, in an environment of technology cost compression, built a stable of technology partners that are best in class and span a wide range of solutions to support small, medium and large enterprises. Please visit http://www.AirGATEtech.com for more information. About the X-Change Corporation The X-Change Corporation is a company that was organized to seek merger or acquisition candidates. The Company intends to acquire interests in emerging opportunities that the Company believes will generate significant revenues and return a profit to shareholders. Please visit http://www.x-changecorp.com for further information. Forward-Looking Statements Except for historical information contained herein, the statements made in this release constitute forward-looking statements (including within the meaning of Section 27A of the United States Securities Act of 1933 and Section 21E of the United States Securities Exchange Act of 1934). Such forward-looking statements are based on current expectations that are subject to significant risks and uncertainties that are difficult to predict, including statements regarding the intent, belief or current expectations of the X-Change Corporation, AirGATE Technologies and their respective managements regarding strategic directions, prospects and future results. These forward-looking statements include, among other things, statements regarding future events and the future financial performance of the X-Change Corporation that involve risks and uncertainties. Readers are cautioned that these forward-looking statements are only predictions and may differ materially from actual future events or results. Readers are referred to the documents filed by the X-Change Corporation, which are on file with the U.S. Securities and Exchange Commission and may be accessed at http://www.sec.gov or the X-Change Corporation's investor relations web page at http://www.x-changecorp.com/index.html, and specifically the most recent reports on Form 10-K and 10-Q, each as it may be amended from time to time, which identify important risk factors that could cause actual results to differ from those contained in the forward-looking statements. The X-Change Corporation disclaims any obligation to update or correct any forward-looking statements made herein due to the occurrence of events after the issuance of this press release. |
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