Interchange Corporation (NASDAQ:INCX), owner of Local.com, a leading local search engine, and Contractors.com, the leading website for consumers to research and find a local contractor, today announced an agreement for a content partnership whereby Local.com users will have access to Contractors.com's proprietary contractor listings and user reviews from its database of more than 1.1 million nationwide contractors. The contractor listings will be displayed when a Local.com consumer searches for specific types of contractors or contractor related resources. According to Aleksandar Daskalovic, chief operating officer of Contractors.com, "We have been impressed with Local.com's simple, easy to use interface and are happy to be part of the continued development of this excellent search engine. This partnership makes it easier for Local.com's consumers to connect with pre-qualified contractors, while providing Contractors.com's advertisers with qualified local buyers nationwide." "This content partnership with Contractors.com further builds on our strategy to aggregate the best local content on the web in key vertical segments," said Greg Parker, director of strategic alliances for Interchange. "Contractors.com's rich content and reviews gives our users the critical information needed to make a local purchasing decision, which is a key element in creating value for our users." Implementation of the Contractors.com content on Local.com is planned for the first quarter of 2006. About Interchange Interchange Corporation (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 is headquartered in Irvine, California, with European headquarters in Stockholm, Sweden. For more information on Interchange, please visit: www.interchangeusa.com. About Contractors.com Contractors Internet Community Inc. owns and operates Contractors.com (www.contractors.com), the premier online contractor directory. Contractors.com provides comprehensive marketing solutions to contractors and a portal where homeowners research, review and hire reputable contractors for all types of home improvement, repair and building projects. Contractors.com is headquartered in Denver, Colorado. For more information about Contractors.com please visit www.contractors.com or call 1-800-228-4990. 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 of the date they are made. We undertake no obligation to revise or update publicly any forward-looking statement for any reason.
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