X-Change Corporation Offers Telecom Start-Ups, Small/Mid Range Businesses and Emerging Countries 'Lease-n-Play' VoIP Opportunity
New Entrants Can Lease Internet Phone Systems From X-Change Subsidiary for Up
to 5 Years
DALLAS, Aug. 2 /PRNewswire-FirstCall/ -- The X-Change Corporation (OTC Bulletin Board: XCHC) today announced that its wholly owned subsidiary, Innovative Telecommunications Technologies, Inc., is rolling out a flexible lease program for the Advanced IP Communications, Inc. (AIP) iPBX46 Business Phone System, for which Innovative Telecommunications is an authorized master value added reseller. The X-Change subsidiary's lease program gives traditional carriers and new voice entrants an opportunity to immediately build large, distributed VoIP networks without making the traditional up-front investment in central office equipment and architecture. Innovative Telecommunications offers custom lease programs of up to five years to customers in its target market. The company is launching the program both domestically and in key Asian markets. "Our primary market is the small to medium business. These companies find monthly payment programs attractive," stated Robert Stevenson, General Manager of Innovative Telecommunications Technologies. "All of our lease programs include the AIP VoIP Business Phone System and support for both the hardware and software." About Innovative Telecommunications Technologies Innovative Telecommunications Technologies is a development stage company specializing in VoIP technologies. The X-Change Corp. subsidiary was created to capture the still-vacant market space for low-cost full-function phone systems for small to medium businesses. Innovative Telecommunications will deliver VoIP solutions in selected vertical markets built around a multi-location and remote office strategy. This strategy is designed to ensure rapid market penetration. About the X-Change Corporation The X-Change Corporation is a company that was organized to seek merger or acquisition candidates. The Company intends to acquire interests in emerging technology opportunities, such as RFID, that the Company believes will generate significant revenues and return a profit to shareholders. Innovative Telecommunications Technologies, Inc., AirGATE Technologies, Inc., and OIL ID Systems, Inc. are wholly owned subsidiaries the X-Change Corporation. Please visit www.x-changecorp.com for further information. Forward-Looking Statements Except for historical information contained herein, the statements made in this release constitute forward-looking statements (including within the meaning of Section 27A of the United States Securities Act of 1933 and Section 21E of the United States Securities Exchange Act of 1934). Such forward-looking statements are based on current expectations that are subject to significant risks and uncertainties that are difficult to predict, including statements regarding the intent, belief or current expectations of the X-Change Corporation, AirGATE Technologies and their respective managements regarding strategic directions, prospects and future results. These forward-looking statements include, among other things, statements regarding future events and the future financial performance of the X-Change Corporation that involve risks and uncertainties. Readers are cautioned that these forward-looking statements are only predictions and may differ materially from actual future events or results. Readers are referred to the documents filed by the X-Change Corporation, which are on file with the U.S. Securities and Exchange Commission and may be accessed at http://www.sec.gov or the X-Change Corporation's investor relations web page at http://www.x-changecorp.com/index.html, and specifically the most recent reports on Form 10-K and 10-Q, each as it may be amended from time to time, which identify important risk factors that could cause actual results to differ from those contained in the forward-looking statements. The X-Change Corporation disclaims any obligation to update or correct any forward-looking statements made herein due to the occurrence of events after the issuance of this press release. For further information, please contact Bevo Beaven, Vice President, firstname.lastname@example.org, or Cheryl Swanson, Media Relations Representative, Cheryl@ctapr.com, both of CTA Public Relations, +1-303-665-4200, for X-Change Corporation.
SOURCE X-Change Corporation
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