Message #58 From:
NewsBot Date: March 7, 2007 06:22:00 AM
XCHC News X-Change Corporation CEO to Speak at RFID World
DALLAS--(BUSINESS WIRE)--X-Change Corporation (OTCBB:XCHC) announced that its president and CEO, Michael Sheriff will speak on RFID and product authentication at RFID World on Wednesday, March 28th.
RFID World, March 26 – 28 at the Gaylord Texan Resort, Dallas, Texas, is the unquestioned industry convention – more people from the United States and more than 40 countries – make RFID World a 'must-attend' each year.
Going beyond conventional track and trace, the next generation of RFID technology is now beginning to prove itself in solving unique business applications; including the area of security and true product authentication. AirGATE Technologies, Inc. has been developing for the past two years ground up solutions involving a new generation of passive RFID tag, a complete series of advanced readers with the corresponding turnkey development software. The "next generation" RFID technology market is poised to revolutionize the product authentication world and add a new dimension to conventional tracking RFID applications. AirGATE will demonstrate its technology at RFID World at booth 1017.
“We believe our ground breaking, end-to-end solution for product authentication will have a major impact on counterfeiting and product diversion, a $400 billion problem,” stated Michael Sheriff, president & CEO of AirGATE Technologies, Inc.
About X-Change Corporation
X-Change Corporation, through its wholly-owned subsidiary, AirGATE Technologies, Inc. is a leader in unique, vertical market applications utilizing RFID and wireless, intelligent sensor technology. AirGATE Technologies, a full-solution company, handles business assessment, technology selection, including proprietary AirGATE technology, integration and support. The Company has, in an environment of technology cost compression, built a stable of technology partners that are best in class and span a wide range of solutions to support small, medium and large enterprises. Please visit www.airgatetech.com or www.x-changecorp.com for further information.
Forward-Looking Statements
Except for historical information contained herein, the statements made in this release constitute forward-looking statements (including within the meaning of Section 27A of the United States Securities Act of 1933 and Section 21E of the United States Securities Exchange Act of 1934). Such forward-looking statements are based on current expectations that are subject to significant risks, including our need to raise capital, our dependence on strategic relationships with key suppliers and customers, our business model’s dependence on widespread acceptance of RFID technology, our ability to develop recurring revenue streams and the competitiveness of the market in which we compete. These forward-looking statements include statements regarding the intent, belief or current expectations of the X-Change Corporation, AirGATE Technologies and their respective managements regarding strategic directions, prospects, future events and future results such as our ability to raise the full $6 million dollars to complete our private placement in one or more additional closings. Readers are cautioned that these forward-looking statements are only predictions and may differ materially from actual future events or results. Readers are referred to the documents filed by the X-Change Corporation, which are on file with the U.S. Securities and Exchange Commission and may be accessed at http://www.sec.gov or the X-Change Corporation's investor relations web page at http://www.x-changecorp.com/index.html, and specifically the most recent reports on Form 10-K and 10-Q, each as it may be amended from time to time. The X-Change Corporation disclaims any obligation to update or correct any forward-looking statements made herein.
