EXCHANGE MOBILE enters into potential third party strategic alliance

November 22, 2009 11:22 PM ET
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WEST PALM BEACH, FL, Nov. 22 /PRNewswire-FirstCall/ - Arshad Shah, President and CEO of Exchange Mobile Telecommunications Corp., (EXMT.PK) announces on behalf of the Board of Directors that the Company is working through a third party to enter into a potential strategic alliance with a well known Indian based Traveling agency group.

Exchange Mobile will provide technical and logistical support to an Indian Company to enable travelers from India and China.

This Service will provide travelers with essential Information upon arrival in China and India.

This service will provide information about Real time news, Breaking news, Hot topics of the day, Political news, Financial, Sports, Entertainment, Specific National and local news, and Foreign Currency exchange rate.

In addition to this service, other services will include Welcome message, Weather report, Hotline cab hire (translation), Hotline emergency, Short description of place and name of monuments (tourist attractions).

The technology is based on SMS platform and hotline service

Expected cost of service will be 20-100RMB in China and $5-$20 in other countries, it can be paid online or through (Pay Pal) or can be paid through travelling agency.

Target customers: Foreign tourists or visitors to China.

In 2008, 48 million foreigners visited China, and 210 million visitors to Hong Kong and Taiwan. 91 million Chinese Nationals visited other countries.

In 2009, 800,000 Indians are expected to visit China and 300,000 Chinese Nationals are expected to visit India.

Global GSM and 3GSM Mobile Connections : 4,061,653,410 Nov 22, 2009.

About Exchange Mobile Technologies Corp.

Exchange Mobile is a mobile solutions company, focused on providing innovative means of enabling mobile subscribers to stay connected in various network environments. With its unique interoperable platform, global SMS network and patent pending/ trademarked technology; Exchange Mobile delivers SMS content worldwide with faster response time. Exchange Mobile enables corporate clients to capture their audience in an entirely new way; Exchange Mobile is the SMS solution of the future operating today!

For more information about Exchange Mobile Telecommunications Corp. please visit our website at www.xcmobile.com or contact us at 604-687-7472

FORWARD LOOKING STATEMENTS

The statements contained herein which are not historical are forward-looking statements that are subject to risk and uncertainties that could cause actual results to differ materially from those expressed, including but not limited to, certain delays beyond the Company's control with respect to market acceptance of new technologies or products, delays in testing and evaluation of products, and other risks detailed from time to time in the Company's press releases.

SOURCE Exchange Mobile Telecommunications Corp.

Copyright 2009 PR Newswire

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