AirGATE Technologies Validates Closed-Loop Applications.

DALLAS -- X-Change Corporation (OTCBB: XCHC) through its wholly-owned subsidiary, AirGATE Technologies, Inc., is a leader in specialized wireless technologies, including radio frequency identification (RFID). Since 2004, the Company has focused its efforts on closed-loop opportunities - unique, vertical market applications for RFID.

SupplyChainDigest, in its recent article, RFID: Revenge of the Closed-Loop System, reported "Right Now, Closed Loop is Where the Action Is....". According to a recent end-user survey by ABI Research, more companies are employing RFID technology across various industries beyond supply chain management. The study found that while supply chain applications have been the primary haven for RFID adoption, closed-loop RFID applications -- are now finding greater use. "What we're finding as we talk with more end users is that companies are using really unique and innovative applications of this technology," ABI Research Director Liard said. "This survey is a validation that RFID is a theme with a thousand variations and the application opportunities are truly limitless."

Last week, InformationWeek quoted Ronny Haraldsvik, VP of marketing at Alien Technology. Use of RFID tags in the supply chain -- the most famous example being Wal-Mart's mandate to suppliers to tag pallets and cases -- hasn't progressed as fast as the RFID industry had hoped it would, notes Haraldsvik. "We're looking at where the market will be in the next 12 to 18 months, knowing that the mandate market will take a little bit longer than expected," Haraldsvik said. "We've seen a dramatic shift from the mandate market to close-looped systems, where [businesses] in many varieties of industries are adopting RFID on their own terms and not necessarily for the supply chain."

AirGATE has identified the oil and gas industry as one of the largest potential adopters of closed-loop RFID applications. Oil companies are spending money to improve production and efficiencies. Closed loop systems are adopted because they provide justification in terms of costs savings, improved decision-making or other benefits. For example, AirGATE is promoting a system to "tag" drill pipe, an application with great ROI, using its surface acoustic wave (SAW) technology, and is negotiating with major oil field suppliers. Because of the harsh environment down-hole, SAW is well-suited to this and other oil industry applications. AirGATE is the exclusive licensee for SAW technology under 16 U.S. and international patents for RFID in the oil industry.

"Early on, we did not see an opportunity to make money in the mandate-driven supply chain and focused our efforts on closed-loop opportunities," stated Michael Sheriff, President and CEO of X-Change. "As has been well documented, most suppliers facing Wal-Mart mandates have been hard pressed to find returns. It's encouraging to see the market support our decision with growing emphasis on closed-loop applications. Increased funding and exclusive intellectual property will let us leverage our closed-loop applications," continued Sheriff.

About X-Change and AirGATE Technologies

AirGATE Technologies, Inc., a wholly owned subsidiary of The X-Change Corporation, is a leading, end-to-end solution-based company specializing in wireless technologies based on RFID, surface acoustic wave ("SAW"), ultra-wideband ("UWB") and wireless sensor network technology. AirGATE provides its customers with a single point of contact that can take an idea from inception to a fully functional, cost effective product utilizing innovative design solutions and by the application of state-of-the-art materials, processes and manufacturing capabilities.

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, including our need to raise capital, our dependence on strategic relationships with key suppliers and customers, our business model's dependence on widespread acceptance of RFID technology, our ability to develop recurring revenue streams and the competitiveness of the market in which we compete. These forward looking statements include statements regarding the intent, belief or current expectations of the X-Change Corporation, AirGATE Technologies and their respective managements regarding strategic directions, prospects, future events and future results. 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. The X-Change Corporation disclaims any obligation to update or correct any forward-looking statements made herein.