Get Working Capital at Competitive Rates - Accounts Receivable Financing at The Receivables Exchange

NEW ORLEANS, March 11, 2008 - The Receivables Exchange, America’s first online marketplace for real-time trading of accounts receivable, announced today that it will join the ranks of the leading asset based financing companies as a member of the International Factors Group (IFG). The Receivables Exchange is transforming and expanding the accounts receivable financing industry as the smart, easy and efficient way for small and medium sized companies to gain quick access to working capital.

In addition to joining the select ranks of the IFG, The Receivables Exchange’s president, Nic Perkin, will be a speaker at the IFG’s annual conference in Bangkok, Thailand June 15 – 19th 2008. Mr. Perkin will discuss the impact of technology and innovation on the asset based financing industry. This conference is the only international event for the leaders in asset based financing to come together to discuss the industry’s unprecedented growth as well as trends and opportunities.

“The Receivables Exchange is the perfect example of how innovation has the potential to transform this trillion dollar global industry,” said Erik Timmermans, Secretary General of the IFG. “With more than one hundred of the world’s asset based financing leaders on hand to discuss the exciting future of the industry, we look forward to an insightful and energetic discussion on the tremendous opportunities technology will provide to grow the industry.”

The Receivables Exchange’s proprietary online electronic marketplace will bring together a global network of accredited capital providers with millions of untapped, growth-oriented small and medium sized businesses in need of capital. In today’s volatile credit markets, accounts receivable financing is a great tool for small and mid-sized businesses to gain quick access to alternative and flexible working capital solutions that can help them grow their businesses.

“We are thrilled to join such a world-class group of leaders and to be a part of their esteemed group of panelists at this year’s annual conference,” said Nic Perkin, president of The Receivables Exchange. “We have tremendous respect for how the IFG continues to lead the asset based financing industry and we are looking forward to being a contributing member, driving the innovation and development of the industry.”

As the global trade association for the factoring and ABL industry, the IFG partners with national associations such as the Asset Based Finance Association (ABFA) in the United Kingdom and the Commercial Finance Association in the United States. The IFG represents 53 countries worldwide.

About The Receivables Exchange
As America's first online marketplace for trading accounts receivables, The Receivables Exchange (www.receivablesxchange.com) is a new capital market for privately held companies to have quick access to working capital, just like the NYSE is designed for public companies.

The Receivables Exchange provides a new dimension in working capital management by connecting companies to a nationwide network of capital provider who compete in real time to buy and trade receivables. Exchange participants benefit from immediate and flexible access to working capital finance at the nation's most competitive rates. The Exchange is a fast and efficient way to manage working capital at a fraction of traditional financing costs. The Receivables Exchange has secured financing from Prism VentureWorks and Fidelity Ventures, the venture capital arm of Fidelity Investments. For more information, visit www.receivablesxchange.com.