xRM Global Closes $723,999 First Tranche of Private Placement

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


xRM Global Inc. ("xRM Global") (TSX VENTURE:XRM), which has developed and
operates the xRM Utility for some of the largest global enterprises, is pleased
to announce that it has closed the first tranche (the "First Tranche") under the
terms of its non-brokered private placement that was announced on January 18,
2010 (the "Offering"). Under the First Tranche, xRM Global sold 1,113,845 Units
for gross proceeds of $723,999. Under the terms of the Offering, xRM Global will
sell up to 4,615,385 units (the "Units") at $0.65 per Unit for gross proceeds of
up to $3,000,000, with each Unit consisting of one common share of xRM Global
and one common share purchase warrant exercisable, subject to adjustment in
accordance with its terms, for 12 months at $0.80 per share. The Offering, which
is subject to all necessary regulatory approvals, is expected to be completed in
tranches on multiple closing dates, with the last closing expected on or around
February 20, 2010.


In connection with the First Tranche, xRM Global will pay a finder's fee to BMO
Nesbit Burns Inc. and Roche Securities Ltd. consisting of, in aggregate, a cash
fee of $57,920 and, in aggregate, 89,107 compensation options, which entitle the
holders to purchase for a period of 24 months, upon payment of an amount of
$0.65 per share, common shares of xRM Global.


Pursuant to applicable Canadian securities laws, the common shares, warrants and
compensation options issued under the Offering are subject to a four-month hold
period from the time of each applicable closing under the Offering.


The proceeds of the Offering will be used for expansion in target markets and
for general working capital purposes.


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


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 empowers people within the enterprise to achieve "high-touch,
high-trust" interactions dramatically improving overall financial performance
and building highly interactive social networks. This relationship centric
automation is performed on xRM Global's On-Demand Enterprise 2.0 relationship
management utility (the "xRM Utility"). The xRM Utility captures the best and
most innovative practices of each industry and deploys them on a global basis
enabling the transformation of an entire enterprise from a "Command & Control"
structure to a "High- touch, High-trust" culture. People now have the freedom to
focus on building and managing relationships, both internally and externally,
which are integral to the enterprise. Best Practices are developed globally and
are published in the Best Practices Marketplace within the xRM Utility allowing
our customers to rapidly deploy new products and services locally and
internationally without the large expense of systems discovery and development.
Best practices are developed for internal and external relationship management
as well as for the entire enterprise within industry verticals such as
insurance, wealth management and telecom. Additional information about xRM
Global 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.