xRM Global Inc. Closes Final 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), a software-as-a-service
("SaaS") solutions provider that empowers enterprises to create and manage
high-trust relationships within the wealth management and insurance sectors
through the use of intelligence generated from business television and the
social web, is pleased to announce that it has closed the final tranche (the
"Final Tranche") of its non-brokered private placement that was announced on
January 18, 2010 (the "Offering"). Under the Final Tranche, xRM Global sold
40,000 Units for gross proceeds of $26,000. Under the terms of the Offering, xRM
Global sold, in aggregate, 1,669,230 Units at $0.65 per Unit for gross proceeds
of $1,084,999.50. Each Unit consists 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 common share. 


In connection with the Final Tranche, xRM Global will pay a finder's fee to RBC
Dominion Securities Inc. consisting of a cash fee of $2,080. RBC Dominion
Securities Inc. was also paid a finder's fee of $26,000 in connection with the
closing of the second tranche of the Offering. In connection with the closing of
the first tranche of the Offering, xRM Global paid 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 from the closing of the Final
Tranche, upon payment of $0.65 per common share, common shares of xRM Global. 


Pursuant to applicable Canadian securities laws, the common shares and warrants
issued to subscribers 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 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.