INCX Interchange

Interchange Corporation (Nasdaq:INCX), owner of Local.com, a leading local search engine, today announced that Jennifer Black has joined the company as Vice President of Marketing. Ms. Black comes to Interchange Corporation from Autobytel. As Interchange's Vice President, Ms. Black brings a wealth of both online and offline marketing, strategic thinking, business development and e-commerce experience to the Orange County-based company. Joining the executive team, Ms. Black will assist the company to continue the growth of Local.com. Her primary responsibilities include search engine marketing, promotion, branding and all marketing functions for the company. "Local.com has quickly established itself as a leading local search engine in the eight months since launch. I look forward to expanding on that base and developing branding and promotions while continuing to build on successful traffic acquisition strategies," Ms. Black said. At Autobytel, the industry leader in the online automotive space, Ms. Black was instrumental in driving traffic and monetizing partnerships at the Autobytel network of sites. During her tenure, she was responsible for spearheading traffic partnership deals with America Online, United Online and Earthlink. Ms. Black brings 15 years of experience managing marketing and business efforts for a diverse array of online companies. Prior to Autobytel, Ms. Black held senior marketing and strategy positions at Teleflora and Overstock.com. "We are thrilled to be able to tap into Jennifer's extensive experience in both online and offline marketing," said Bruce Crair, Interchange COO. "Jennifer's track record with Autobytel and Overstock.com make her the ideal candidate to lead our marketing efforts." About Interchange Interchange Corporation (Nasdaq:INCX) owns Local.com (www.local.com), a leading local-search engine that has grown to over 8 million visitors per month and is 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 recently launched a domain syndication network in the United States, and has also announced plans to launch Local.com in various markets during 2006, including the just launched uk.local.com. The company is headquartered in Irvine, California, 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.