Youchange Announces Winners of the Earth Day Electronic Collection Challenge

SCOTTSDALE, Ariz., May 31, 2012 /PRNewswire/ -- YouChange Holdings Corp ("youchange™") (OTCBB:YCNG), a leading Community for electronics collection, e-waste tracking, and re-Commerce, today announced the winners of its Earth Day Collection Challenge.  The contest, which was open to 30 schools in the Phoenix metro area, was run using the youchange proprietary system which helps schools raise finds through the collection of unwanted electronic devices.  Schools compete head-to-head in collecting unused electronic items with the winner being determined by the ratio of items collected to the number of students per school.

Youchange is pleased to announce that Biltmore Prep took home the Grand Prize with an average of 4.96 items collected per student giving the school a total of over $3500.00 for their collection efforts.

Renee Shamblin, President, Biltmore Prep PTO said, "It is wonderful to have a school fundraiser where parents don't have to buy anything and kids can learn something about the environment and the importance of recycling, all at the same time.  We are looking forward to participating again next year!"

Second place was captured by St. Mary Basha of Chandler that collected 4.04 items per student and had the greatest volume of electronics of any school with more than 10 tons of electronic waste collected!

Every year American's spend billions of dollars on electronic gadgets, many of which will be obsolete before they reach their first anniversary. The youchange program helps schools raise money for through its electronic collection fundraising programs. Schools can raise upwards of $1,000 in a two week period by empowering students to collect unwanted items from home.  These items are then processed by youchange and either recycled, refurbished and/or resold to help fight the ever increasing problem of e-waste.

"We are thrilled with the results and what better way to raise money for your school than by educating students about the problems with electronic waste and allowing them to be the change agents." said Dan Fogel VP of Operations for youchange.

Dr Katie Root - Principal, Laguna Elementary, in Scottsdale Arizona echoed this sentiment. "What a wonderful contest! What a fabulous opportunity to teach the community about being responsible in disposing technology in environmentally friendly ways. Congratulations to the winners, which is everyone who participated. You are doing great work!"

As a result of the overwhelming demand its program, youchange is expanding the school collection program to three separate contests throughout the school year, with the next one launching on September 4th 2012. In addition to adding more events, youchange is also expanding the number of participating schools and the geography serviced by these collection drives.

"The demand was incredible! So for our upcoming Fall Challenge we are increasing the number of schools to 100 and the area of coverage will now include Phoenix, Tucson and Flagstaff schools.  We are also increasing the total prize money to up to $10,000.  In the past two weeks, since the end of our Earth Day Challenge, we have already signed up one third of the schools and expect to have a waiting list before the school year begins. And this is just the beginning!" said Derrick Mains Executive Vice President of youchange.

For more details or to sign up for a school challenge contact Derrick Mains via email at [email protected] or call 480 947 3588

"It starts with you…and ends in change."

About YouChange Holdings Corp

YouChange Holdings Corp provides collection, purchase, refurbishment, and resale of used consumer electronics to both consumers and business markets. The youchange™ platform includes paying cash and reward points to schools, charities,businesses and consumers for their used electronics; refurbishing and recycling those products; and the sale and re-Commerce of these products, as well as licensing of proprietary data through its back-end enterprise management software as a service platform. Some of these products include laptops, computers, cell phones, smart phones, PDAs, mp3 players, calculators, external drives, game consoles, digital cameras, streaming media devices, tablet e-readers, batteries and camera lenses.

Forward-Looking Statements

This document contains forward-looking statements that are subject to a number of risks, assumptions and uncertainties that could cause the Company's actual results to differ materially from those projected. These risks, assumptions and uncertainties include: the ability of the Company to raise capital, the ability to complete systems within currently estimated time frames and budgets; the ability to compete effectively in a rapidly evolving and price-competitive marketplace; changes in the nature of telecommunications regulation in the United States and other countries; changes in business strategy; the successful integration of newly acquired businesses; the impact of technological change; and other risks referenced from time to time in the Company's filings with the Securities and Exchange Commission.

Contact:

YouChange Holdings Corp
Jeffrey Rassas, CEO
1-866-712-9273
[email protected]

Investor Relations:
Barry Gross (361) 949-4999

SOURCE YouChange Holdings Corp