VANCOUVER, Dec. 21 /PRNewswire-FirstCall/ -- Arshad Shah, President and CEO of Exchange Mobile Telecommunications Corp. (OTC:EXMT), announced today that the Company has released two new websites, http://www.xcmobile.com/ in North America and http://www.xcmobile.cn/ in China. Exchange Mobile intends to raise upto 5 Million USD, in the coming 12 months or earlier either through equity or debt financing, subject to terms and conditions acceptable to the Company. Exchange Mobile is very pleased to welcome John T. Martin, LLB to the Board of Advisors. Exchange Mobile has entered into content agreements with several entertainment companies including Sandcastle Studios of Bahamas based in Miami, Florida and several independent artists. Sandcastle Studios under the direction of Gena Gibbs who represents many musicians of Bahamian origin including Ronnie Butler, whose famous song "Once is not Enough" and Eddie Minnis. The Company is aggressively seeking Joint Ventures/Revenue sharing partnerships in China. The Company will soon release the Chinese language Website for the local markets and overseas Chinese speaking audience/subscribers. Exchange Mobile has completed all the mobile connections to the international network of gateways for commercialization. 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 a whole 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 http://www.xcmobile.com/. 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. CONTACT: Exchange Mobile Telecommunications Corp., 2nd Floor, 455 Granville Street, Vancouver, BC Canada, V6C 1T1, Phone: (604) 687-7472, Fax: (604) 677-0808, Email: DATASOURCE: Exchange Mobile Telecommunications Corp. CONTACT: Exchange Mobile Telecommunications Corp., 2nd Floor, 455 Granville Street, Vancouver, BC Canada, V6C 1T1, Phone: (604) 687-7472, Fax: (604) 677-0808, Email:

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