Interchange Names New Vice President of Product Management

Interchange Corp. (NASDAQ:INCX), owner of Local.com, a
leading local-search engine, today announced the appointment of Vickie
Young as the company's vice president, product management. In her new
role, Young will lead the product management initiatives related to
the company's Local.com search engine.
   Young brings over 15 years of product management experience to the
Interchange management team. Most recently she directed product
management at Viacore, which provides B2B online solutions. Prior to
Viacore she served as director of product management at Quest
Software. Previously, she was director of product marketing operations
at Wonderware Corp. where she helped generate a record-breaking year
for the number of device drivers released in 1998. Young has also
established and managed technical support and quality assurance
testing departments within other high-tech companies throughout her
career.
   "The local-search market is growing rapidly and I am excited about
the tremendous opportunities available to expand the products and
services offered on the Local.com platform," she said.
   "Vickie brings a strong product management background to
Interchange, which will help us continue to expand the features
offered to Local.com users and business partners," said Bruce Crair,
Interchange's chief operating officer. "There are many opportunities
in the emerging local-search market, and Vickie's role is to ensure
that we build the necessary products and services to take advantage of
those opportunities. We welcome her to the team."
   Young holds an M.B.A. in Marketing and a B.B.A. in Computer MIS
from National University, San Diego.

   About Interchange

   Interchange Corp. (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 has headquarters in Irvine, 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.
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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.