INCX Interchange

Interchange Corp. (NASDAQ:INCX), owner of Local.com, a leading local-search engine, today announced the appointment of Vickie Young as the company's vice president, product management. In her new role, Young will lead the product management initiatives related to the company's Local.com search engine. Young brings over 15 years of product management experience to the Interchange management team. Most recently she directed product management at Viacore, which provides B2B online solutions. Prior to Viacore she served as director of product management at Quest Software. Previously, she was director of product marketing operations at Wonderware Corp. where she helped generate a record-breaking year for the number of device drivers released in 1998. Young has also established and managed technical support and quality assurance testing departments within other high-tech companies throughout her career. "The local-search market is growing rapidly and I am excited about the tremendous opportunities available to expand the products and services offered on the Local.com platform," she said. "Vickie brings a strong product management background to Interchange, which will help us continue to expand the features offered to Local.com users and business partners," said Bruce Crair, Interchange's chief operating officer. "There are many opportunities in the emerging local-search market, and Vickie's role is to ensure that we build the necessary products and services to take advantage of those opportunities. We welcome her to the team." Young holds an M.B.A. in Marketing and a B.B.A. in Computer MIS from National University, San Diego. About Interchange Interchange Corp. (NASDAQ:INCX) owns Local.com (www.local.com), a leading local-search engine powered by the company's proprietary Keyword DNA(TM) and local-web indexing technologies. The company serves local and national Internet, wireless and operator-assisted local-search markets in the United States and Europe. Interchange generates revenue principally from paid-search advertising. The company has headquarters in Irvine, with European headquarters in Stockholm, Sweden. For more information on Interchange, please visit www.interchangeusa.com. Forward-Looking Statements: All statements other than statements of historical fact included in this document regarding our anticipated financial position, business strategy and plans and objectives of our management for future operations, are forward-looking statements. When used in this report, words such as "anticipate," "believe," "estimate," "plans," "expect," "intend" and similar expressions, as they relate to Interchange or our management, identify forward-looking statements. Any forward-looking statements are based on the beliefs of our management as well as assumptions made by and information currently available to our management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors, including, but not limited to, our ability to stabilize our national paid-search advertising business, our ability to operate, grow and monetize our local-search engine, Local.com, and incorporate our local-search technologies, market the Local.com domain as a destination for consumers seeking local-search results, grow our business by enhancing our local-search services, improve our filtering technologies expand our Advertiser and Distribution Networks, expand internationally, integrate the operations and effectively utilize the technology of Inspire, a Swedish Internet and wireless local-search technology company, which we recently acquired, integrate the operations and effectively utilize the technology of Inspire, develop our products and sales, marketing, finance and administrative functions and successfully integrate our expanded infrastructure, as well as our dependence on major advertisers, competitive factors and pricing pressures, changes in legal and regulatory requirements, and general economic conditions. Any forward-looking statements reflect our current views with respect to future events and are subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. All subsequent written and oral forward-looking statements attributable to us or persons acting on our behalf are expressly qualified in their entirety by this paragraph. Our Annual Report on Form 10-KSB, subsequent Quarterly Reports on Form 10-QSB, recent Current Reports on Form 8-K, and other Securities and Exchange Commission filings discuss the foregoing risks as well as other important risk factors that could contribute to such differences or otherwise affect our business, results of operations and financial condition. The forward-looking statements in this release speak only as if the date they are made. We undertake no obligation to revise or update publicly any forward-looking statement for any reason.