Company Overview

The X-Change Corporation is a publicly traded shopping, auction, and social networking venture serving the diverse and growing Hispanic markets of North America, including Canada, the USA, and Mexico, through the provision of services tailored to our customers' cultural expectations and preferences. Commerce Services, Inc., a subsidiary of The X-Change Corporation, announced a soft launch of its social networking site, MundoTribu.com, on May 2, 2010. The slogan of MundoTribu is "One World • One Tribe." With links to other social networking sites, MundoTribu enables the building of tribes, common-interest groups such as sports, entertainment, hobbies, eating, health, and activities. In addition, MundoTribu will soon offer a variety of types to shop, ranging from comparison shopping to several types of auction. The service will also offer financial services, such as prepaid debit cards and purchase financing. The Company intends to seek out or build complementary products that help it achieve its goals for growth and profitability. Also see Shareholder Information and Market Information.

Management

Senior management for The X-Change Corporation include:

• Haviland Wright, Ph.D., President & Chief Executive Officer
  Dr. Wright is an international technology consultant and investor who served as chief development officer for Profitability of Hawaii, a Honolulu-based software development firm. In addition, he is a director of Ventura-based software company, Elixir Technologies Corporation, where he was chairman from 2003 through 2006 and managed a successful turnaround. He also serves as an Independent Director of Boston-based Compass Group of Mutual Funds, managed by MFS, a wholly owned subsidiary of Sun Life of Canada. He was a director of LCD display developer Nano Loa, Inc., based in Kanagawa, Japan, which he founded with LCD pioneer Akihiro Mochizuki. Dr. Wright was formerly chairman and CEO of LCOS (liquid crystal on silicon) display manufacturer Displaytech, Inc. He served as chief scientist and senior vice president of Interleaf, Inc., following Interleaf's acquisition of Avalanche Development Company, an SGML pioneer that he founded in Boulder, Colorado. Dr. Wright received his B.A. degree from the University of Pennsylvania in mathematics and history; his M.B.A. and Ph.D. from the University of Pennsylvania, The Wharton School, where his areas of concentration were accounting and systems sciences. He completed the CPA and CMA accounting certifications, has held faculty positions at the University of Colorado and the University of Denver, and has authored numerous articles for research and industry publications.

• Fernando Antonio Gómez, Executive Vice President
  Mr. Gómez is a senior sales and marketing executive with over twenty-five years of experience in broadcasting, cable television, and news media within the United States and international markets. His background includes strategic marketing planning and sales and affiliate relations work throughout his career with Maya Entertainment, Batanga.com, Starmedia/Wanadoo, MSN Latino, Prime Deportiva, C3D Digital, Bravo International, The Weather Channel Latin America, The Inspirational Network, Univision, and Galavision.

Board of Directors

Directors and Officers of The X-Change Corporation include:

• Haviland Wright, Ph.D., President and Chief Executive Officer

• Fernando Antonio Gómez, Secretary

• Richard T. Steele
  Mr. Steele is President and Chief Executive of Network Distribution Group, Ltd., a Cable Television, Satellite, Broadcast, Media and Internet consulting company, which assists cable television networks with their respective network distribution onto cable television systems, broadcast stations, as well as satellite, and assists start-up internet/media companies with financial planning, funding and distribution. In the past four years, Mr. Steele has become involved with a number of Spanish-language media projects, including a children's cable television network, a cable television shopping channel, a a web membership-based enterprise, and an on-line shopping venture.

• Ron Vigdor, Treasurer
  Mr. Vigdor is an entrepreneur and active member of his family's international trading and investment company, where he has worked from a young age. In the late 80's, Vigdor founded an ISP and long-distance calling-card company and gained telecommunications and trade-financing experience in South America and the Caribbean. Vigdor served as lead investor and founding Chariman of the Board of Fort Lauderdale-based Balize, Inc., an early-to-market social-networking venture. He has served in senior executive and directorial capacities at companies around the world. In the last several years, Vigdor has been active in several companies, including the Canadian e-commerce and auction processor Kyozou (www.kyozou.com), GPS vehicle locator system Skyewatch, and safe-baby-bottle manufacturer BornFree, Inc. (www.newbornfree.com). Vigdor is a US citizen, married with children and living in Boca Raton, Florida.