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XRAYMEDIA Sells the First European LOM License to Its Entrepreneurial Associate.

NEW YORK & VANCOUVER, British Columbia -- XRAYMEDIA, Inc., (OTCBB: XRYM), an industry leader in real-time negotiating technology, is proud to announce the first European Live Open Marketplace (LOM) site to be licensed to former Proprietor of Expert Baas BV, Harry Baas. For an initial $25,000 licensing fee, XRAYMEDIA will deliver to Mr. Baas a completely private labeled LOM site, in English, German and Dutch languages. XRAYMEDIA is aligning itself with Internet Marketplace giants like eBay Inc (Nasdaq: EBAY) who is buying hybrid technology to enhance their offerings such as Internet phone-calling sensation Skype for up to $4.1 billion. With Microsoft (Nasdaq: MSFT), Yahoo! (Nasdaq: YHOO) and Google (Nasdaq: GOOG) all having discussions with Skype before eBay moved in shows the strength of hybrid technology offerings. The LOM licensed website will be a fully functioning LOM marketplace allowing Mr. Baas to enhance his duties as an XRAYMEDIA representative in Europe demonstrating the power of live negotiating technology with his own fully integrated website.

Mr. Harry Baas comments, "We are pleased to be a part of efforts to bring XRAYMEDIA's live negotiating technology to the forefront in Europe. Available to the global community, 24 hours a day, 7 days a week, the LOM is sure to benefit many European industries as an efficient and cost-effective way to expedite business, and increase their bottom-lines. It is getting very exciting to be a part of the world of Internet Mergers and acquisitions, the marketing possibilities for our LOM technology is astounding we are seeing a serious growth spurt in Europe. My associates and I are very excited to have the Company provide us with their LOM technology and continue to work with XRAYMEDIA to further expand the XRAYMEDIA European division."

Recently retired from the Expert Baas BV organization, Mr. Baas keeps ties with his past in consumer electronics and will be facilitating all European electronic related activities for the LOM, in addition to bringing licensee prospects to the Company. Although retired from the Expert organization, Mr. Baas continues to contribute to the company's success, as the Expert chain now enjoys gross sales in excess of 16 billion Euros with an extensive variety of consumer electronics and furniture. With the collective fortitude of thousands of national and international outlets, Expert has taken its place as the strongest and most integrated voluntary chain in its industry today.

European LOM President & CEO, Hans Johannes Schulte concludes, "We are pleased to have sold our first European LOM license to Mr. Harry Baas, one of my close business associates. The wealth of experience and expertise that he consistently offers his clients and business associates is sure to have positive effects on the success of the LOM and XRAYMEDIA. Utilizing the resources available through Mr. Baas and his associates, we are building a strong primary team to lead the expansion of our technology into the European marketplace. At this point we building a model around our close business associates so we can fine tune our presentations, thus far we have approximately 10-15 licenses in negotiations and we expect many more once we complete building our flagship websites to demonstrate our advanced technology. We see XRAYMEDIA is getting stronger by the day; we have a nice flow of licensing orders and interest is rising rapidly, so consequently it is building a powerful financial foundation."

About XRAYMEDIA's Live Negotiating Technology

Central to XRAYMEDIA is its unique live negotiating technology; soon to be integrated with live auction functionality. Available to the global community, 24 hours a day, 7 days a week, XRAYMEDIA has released this proprietary technology to virtually every industry worldwide, with video and image components allowing users to thoroughly evaluate merchandise, and other such offerings, before initiating live negotiations. Permitting multiple negotiations and auctions simultaneously, online, via a secured, encrypted platform, XRAYMEDIA is proud to have developed one of the most powerful technologies for Live Internet Marketplaces today.

You should not place undue reliance on forward-looking statements in this press release. This press release contains forward-looking statements that involve risks and uncertainties. Words such as "will", "anticipates", "believes", "plans", "goal", "expects", "future", "intends" and similar expressions are used to identify these forward-looking statements. Actual results could differ materially from those anticipated in these forward-looking statements for many reasons, including the risks we face as described in this press release. For further information about XRAYMEDIA INC., please refer to its Form 10-ksb filed with the Securities and Exchange Commission and available on the SEC website at www.sec.gov.
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Publication:Business Wire
Geographic Code:1USA
Date:Sep 13, 2005
Words:748
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