EXHIBIT NO. 99.1
The X-Change Corporation
File No. 002-41703
Form 8-K
Report date: August 16, 2010

PRESS RELEASE
FOR IMMEDIATE RELEASE

THE X-CHANGE CORPORATION ANNOUNCES THE ACQUISITION OF IPTV WORLD

LOS ANGELES, CA --AUGUST 16, 2010 -- The X-Change Corporation (OTC:XCHCD.qb),  a
multimedia,  telephony,  and e-commerce  venture focused on various  underserved
ethnic  communities  in the United States and  elsewhere,  announced the pending
acquisition  of  IPTV  World,  a  company  based  in Los  Angeles  with  hosting
facilities in the famous One Wilshire  carrier hotel. The acquisition is subject
to the execution of a definitive agreement. As previously announced on March 11,
2010,  X-Change  intends to offer  original  and  licensed  video  content  that
entertains and interests the  communities it serves,  delivering  programming to
Internet-connected  set-top  boxes  that the  company  will  sell or rent to its
subscribers.

The  name  "IPTV  World"  is  derived  from the  acronym  of  Internet  Protocol
Television,   essentially,  the  delivery  of  live  programming,   time-shifted
programming,  and video on demand.  Verizon FiOS(R) is IPTV,  delivered  through
Verizon's private IP network.  IPTV is a fast-growing  segment of the market for
at home television programming,  growing from a $12 billion market in 2009 to an
anticipated $38 billion in 2013. The company has identified  underserved markets
that   represent   significant   opportunities   for  this  service  along  with
complementary  goods and  services.  These  markets  may not be large  enough to
attract the  attention  of large  service  providers,  but the  populations  the
company serves in the US are  substantial in number,  largely  homogeneous,  and
feeling  the  lack of  culturally  meaningful  programming  in  their  preferred
languages.

ABOUT THE X-CHANGE CORPORATION

The  X-Change  Corporation  is a  publicly  traded  venture  focused  on various
underserved  communities in the United States and elsewhere,  providing services
tailored to our customers'  cultural  expectations and preferences.  The Company
intends to seek out or build  complementary  products  that help it achieve  its
goals for growth and profitability.

FORWARD-LOOKING STATEMENTS

This Press Release  includes  forward-looking  statements  within the meaning of
Section 27A of the  Securities Act of 1933 and Section 21E of the Securities Act
of 1934. A statement  containing  works such as  "anticipate,"  "seek," intend,"
"believe," "plan," "estimate,"  "expect,"  "project," "plan," or similar phrases
may be deemed  "forward-looking  statements"  within the  meaning of the Private
Securities  Litigation  Reform Act of 1995. Some or all of the events or results
anticipated  by these  forward-looking  statements  may not occur.  The X-Change
Corporation does not undertake any duty nor does it intend to update the results
of these forward-looking statements.

CONTACT INFORMATION

Haviland Wright, President & CEO
Email: info@xchccorp.com
Tel: 1 (310) 916-9263
Web: www.xchccorp.com

Source: The X-Change Corporation

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