NEW ORLEANS, June 10, 2008 -- The Receivables Exchange (www.receivablesXchange.com), the world’s first online marketplace for real-time trading of accounts receivable, today announced that Nic Perkin, President of The Receivables Exchange, will be a featured speaker at this year’s annual International Factors Group (IFG) conference. The conference takes place June 15 – 19 in Bangkok, Thailand. The IFG annual conference is the premier international venue for decision makers in the accounts receivable (A/R) and asset-based financing (ABF) industries. Mr. Perkin will join the world’s leaders of the asset-based financing industry to discuss the growing role of A/R finance in today’s volatile credit climate. Specifically, he will discuss the impact of technology and innovation on driving the evolution of the ABF marketplace and how receivables finance is evolving as a preferable and more flexible way for millions of companies to source working capital. The conference is one of the premier venues for international ABF leaders to come together to discuss the industry’s unprecedented growth as well as trends and opportunities. The Receivables Exchange, through its proprietary centralized online marketplace, will connect a global network of capital providers with growth-oriented small and medium sized businesses in search of working capital. The Exchange is based on the same technology as the New York Stock Exchange’s (NYSE) bond trading system and will serve as the first capital marketplace designed specifically to meet the liquidity needs of private companies. “The IFG is a global leader in driving the evolution of the asset-based financing industry,” said Mr. Perkin, Co-Founder and President of The Receivables Exchange. “We are honored to be a member of such an esteemed group and look forward to an engaging discussion about the industry’s international growth opportunities and the tremendous role that we believe innovation will play in driving that growth.” As the global trade association for the factoring and asset-based lending (ABL) industry, the IFG partners with national associations such as the Asset Based Financing Association (ABFA) in the United Kingdom and the Commercial Finance Association (CFA) in the United States. The IFG represents more than 120 members in more than 50 countries. For more information, log onto www.ifgroup.com.

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.