Amendment to xRM Global Inc.'s Announcement Securing Term Loan

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN
THE UNITED STATES


xRM Global Inc. ("xRM Global" or the "Company") (TSX VENTURE:XRM), which has
developed and operates the xRM Utility for some of the largest global
enterprises, announced on May 12, 2010 via a press release that it had secured a
term loan from two arm's length lenders (the "Lenders") in the aggregate
principal amount of CDN$250,000 (the "Loan"). Subsequently, only one of the two
Lenders (the "Lender") funded the Loan in the amount of CDN$100,000. The purpose
of this press release is to clarify the terms of the resulting Loan.


The Loan will bear interest at the rate of 15% per annum with interest payable
monthly in arrears. The maturity date of the Loan is May 10, 2011. As further
consideration for the establishment of the Loan, xRM Global will, in accordance
with the policies of the TSX Venture Exchange (the "Exchange"), issue 96,000
common share purchase warrants (the "Warrants") to the Lender. Each Warrant will
entitle the holder to purchase, subject to adjustment in accordance with its
terms, one common share in the capital of xRM Global at an exercise price of
CDN$0.52 per common share. The Warrants will expire no later than the maturity
date of the Loan.


In connection with the Loan, xRM Global will pay a finder's fee to Global
Arabian Company WLL (the "Finder"), which fee will be paid through the issuance
of 9,615 common share purchase warrants to the Finder (the "Finder Warrants").
Each Finder Warrant will entitle the Finder to purchase, subject to adjustment
in accordance with its terms, one common share in the capital of xRM Global at
an exercise price of CDN$0.52 per common share. The Finder Warrants will be
exercisable at any time until the date that is twenty-four months following the
date of issuance thereof. 


Pursuant to applicable Canadian securities laws, the Warrants and Finder
Warrants, and any common shares purchasable thereunder, will be subject to a
four month hold period from the date of issuance.


The Lender will be granted a general security interest in the present and future
undertaking, property and assets of the Company.


The Loan is subject to certain conditions including, but not limited to, the
receipt of all necessary approvals, including the approval of the Exchange and
securities regulatory authorities.


The following is a description of the Lender and the terms of the Warrants: 



----------------------------------------------------------------------------
                        Warrants  Warrant Exercise    Bonus Warrants Term to
Lender Name              Granted             Price                    Expiry
----------------------------------------------------------------------------
                                                    May 10, 2011, subject to
Dana Investment                                     repayment of the advance
 Company                  96,000          CDN$0.52        or portion thereof
----------------------------------------------------------------------------



If xRM Global completes an arm's length equity financing during the term of the
Loan (an "Equity Financing"), xRM Global will pay to the Lender the amount of
the Equity Financing that is in excess of CDN$300,000 or the then outstanding
amount of the Loan, whichever is less.


The securities offered and issued have not been registered under the U.S.
Securities Act of 1933, as amended, and may not be offered or sold in the United
States absent registration or an applicable exemption from the registration
requirements. This press release shall not constitute an offer to sell or the
solicitation of an offer to buy nor shall there be any sale of the securities in
any State in which such offer, solicitation or sale would be unlawful. 


About xRM Global Inc. 

xRM Global is a SaaS solutions provider that empowers enterprises with
on-demand, relationship management ("RM") solutions that monitor business
television and the social web to extract intelligence relevant to their clients'
needs. Financial professionals use this intelligence to enhance their client
relationships with more frequent touch points, and to share unique, relevant
insights with their clients.


The xRM Global utility platform and RM applications are changing the way wealth
management and insurance companies communicate with their customers. xRM
Global's offerings include: 




--  Ockham Research, global stock intelligence for individuals; 
--  WealthRazor, global stock intelligence for professional wealth advisors;
--  xRM Wealth, relationship intelligence for wealth management
    organizations; 
--  xRM Insurance, relationship management for the insurance sector; 
--  xRM Connect, CRM for sales and delivery channels in other sectors; and 
--  Private Labeling, on-demand, stock intelligence branded by financial
    services enterprises. 



xRM Global has offices in Canada, the USA, Barbados, Brazil and the MENA region.
Additional information about the company can be found at www.xrmglobal.com and
at www.sedar.com.


Forward-looking statements

This news release includes certain forward-looking statements within the meaning
of Canadian securities laws. Forward-looking statements involve risks,
uncertainties and other factors that could cause actual results, performance,
prospects and opportunities to differ materially from those expressed in such
forward-looking statements. Forward-looking statements in this news release
include, but are not limited to, economic performance and future plans and
objectives of xRM Global. Any number of important factors could cause actual
results to differ materially from these forward-looking statements. Although xRM
Global believes that the assumptions and factors used in making these
forward-looking statements are reasonable, undue reliance should not be placed
on these statements, which only apply as of the date of this news release, and
no assurance can be given that any such events will occur in the disclosed
timeframes or at all. xRM Global disclaims any intention or obligation to update
or revise any forward-looking statement, whether as a result of new information,
future events or otherwise.