EXHIBIT 99.1

                                            CONTACTS:   MICHAEL P. MCINERNEY
                                                        CORPORATE DEVELOPMENT
                                                        X-CHANGE CORPORATION
                                                        (972) 747-0051

                                                        RICK EISENBERG
                                                        EISENBERG COMMUNICATIONS
                                                        (212) 496-6828

                  X-CHANGE CORP. SIGNS EXPANDED LINE OF CREDIT

DALLAS, AUGUST 21, 2006 -- X-CHANGE CORPORATION (OTCBB: XCHC) today announced
that, effective August 15, the company and its wholly owned subsidiary, AirGATE
Technologies, Inc., executed a $1,000,000 line of credit/promissory note
agreement with a shareholder.

The new note, which replaces the company's previous note of $500,000,
extinguishes all existing notes and interest the company had accrued with
shareholders through August 15, 2006.

Funds made available through the new note will be used to facilitate
commercialization of various RFID and surface acoustic wave (SAW) RFID projects.
These projects are expected to produce recurring revenue streams commencing in
the next year.

Please see the 8K filed with the Securities and Exchange Commission for further
information regarding the transaction. The filing can be located online at
WWW.SEC.GOV.

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 and
uncertainties that are difficult to predict, including statements regarding the
intent, belief or current expectations of the X-Change Corporation, AirGATE
Technologies and their respective managements regarding strategic directions,
prospects and future results. These forward-looking statements include, among
other things, statements regarding future events and the future financial
performance of the X-Change Corporation that involve risks and uncertainties.
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, which
identify important risk factors that could cause actual results to differ from
those contained in the forward-looking statements. The X-Change Corporation
disclaims any obligation to update or correct any forward-looking statements
made herein due to the occurrence of events after the issuance of this press
release.