Any forward-looking statements are based on the beliefs of
our management as well as assumptions made by and information
currently available to our management. Following the closing of the acquisition, Inspire will be
renamed Interchange Europe. www. When
used in this report, words such as "anticipate," "believe,"
"estimate," "plans ," "expect," "intend" and similar expressions, as
they relate to Interchange or our management, identify forward-looking
statements.

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"

Interchange plans to expand the services offered to US and
European customers to include:

Local and national search solutions built on proprietary
Keyword DNA technology

Low-cost private label pay-per-click advertising platforms

Enhanced wireless search using SMS, MMS, JPhone, Symbian,
SIMToolkit, WAP and wireless PDA

Local-search indexing technology for classifieds, white and
yellow pages, as well as other local data sources

Directory assistance call center search technologies

High-volume search distribution network technologies

Inspire has delivered search solutions in five languages across
six European markets, including the UK, Ireland, Spain, Holland,
Portugal and Finland.

pertaining sufficient

Interchange Europe will have headquarters in Stockholm,
Sweden, with subsidiaries in London, England and Madrid, Spain. "Inspire has an
accomplished team of people and is a natural strategic fit for us. It expands
our reach in the global market by allowing us to provide our advanced
local-search services in all major Western markets as well as to
multi-national customers.
The closing of the transaction is subject to the completion or
satisfaction of certain conditions precedent.

strives directories

----Interchange
Corp.
Interchange plans to expand their services offered to U., Irish and Spanish markets, Inspire
offers complete private-label Internet and wireless directory services
that allow online media groups to offer their own turnkey branded
services.com

Forward-Looking Statements: All statements other than statements
of historical fact included in this document regarding our anticipated
financial position, business strategy and plans and objectives of our
management for future operations, are forward-looking statements .----Interchange
Corporation (Nasdaq:INCX), a leading provider of local and national
paid-search services, today announced that it has signed a definitive
agreement to acquire Inspire Infrastructure 2i AB, a Swedish Internet
and wireless local-search technology company in a share purchase
transaction . Interchange believes that this
combination will allow the company to offer a world-class search and
advertising platform supported by the latest Internet and wireless
local-search technologies in both the United States and European
markets.

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K.

About Interchange

Interchange Corp.
"The driving forces for this deal are the expanded opportunities
in our respective markets , gained by integrating our technologies and
business strategies.uk brand. Actual results could differ
materially from those contemplated by the forward-looking statements
as a result of certain factors , including, but not limited to, our
ability to complete the acquisition, integrate the operations and
effectively utilize the technology of Inspire, our plans to develop
our products and develop sales, marketing, finance and administrative
functions, dependence on major advertisers, competitive factors and
pricing pressures, our ability to successfully integrate our expanded
infrastructure , changes in legal and regulatory requirements, and
general economic conditions.

softball recreational

Interchange serves the sponsored listings of local and
national advertisers in response to consumer search requests from its
Search Distribution Network. Interchange's local-search services are
powered by the company 's Keyword DNA(TM) technology. All
subsequent written and oral forward-looking statements attributable to
us or persons acting on our behalf are expressly qualified in their
entirety by this paragraph .

About Interchange

Interchange Corporation (Nasdaq:INCX) provides paid-search
services that enable businesses to reach consumers through targeted
online advertising.

directories primarily

(NASDAQ:INCX), a leading provider of local and national
paid-search services, announced today that it has completed its
acquisition of Inspire Infrastructure 2i AB, a Swedish Internet and
wireless local-search technology company , in a share purchase
transaction. We believe that this transaction achieves all three of
the above ," said Heath Clarke, Interchange CEO.
This transaction builds on the strengths of both companies . Any forward-looking statements reflect
our current views with respect to future events and are subject to
these and other risks, uncertainties and assumptions relating to our
operations, results of operations, growth strategy and liquidity.

friendlies only

Once released from beta, SMS LOCAL will be provided as an
addition to the Local Direct platform, thereby providing Local Direct
clients with both Internet and nationwide wireless local-search and
directory assistance services. "We are very pleased to represent
Interchange's European operations and look forward to delivering value
to Interchange shareholders .

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and
European customers including local and national search solutions built
on proprietary Keyword DNA technology, enhanced wireless search,
local-search indexing technologies, directory assistance call center
technologies, and high-volume search distribution network
technologies.

ring nationwide

S. Local Direct can be licensed to websites and
search engines that provide local business information and serve local
advertisers.inspireinfrastructure.

sufficient competitive

The acquisition will allow Interchange to offer a world -class
search and advertising platform supported by the latest Internet and
wireless local-search technologies in both the United States and
European markets.interchangeusa."
Inspire's clustered local-search technology utilizes innovative
search algorithms to offer superior relevancy, speed and accuracy for
local business search via the Internet and wireless devices. Interchange serves the sponsored listings of local
and national advertisers in response to consumer search requests from
its Search Distribution Network.

accepted indexing

When
used in this report, words such as "anticipate," "believe ,"
"estimate," "plans," "expect," "intend" and similar expressions, as
they relate to Interchange or our management, identify forward-looking
statements. Actual results could differ
materially from those contemplated by the forward-looking statements
as a result of certain factors, including , but not limited to, our
ability to integrate the operations and effectively utilize the
technology of Inspire, integrate the operations and effectively
utilize the technology of Inspire, our plans to develop our products
and develop sales, marketing, finance and administrative functions,
dependence on major advertisers, competitive factors and pricing
pressures, our ability to successfully integrate our expanded
infrastructure, changes in legal and regulatory requirements, and
general economic conditions.
Interchange plans to integrate Inspire's leading search
technologies, products and services with Interchange's portfolio of
local-search and advertising solutions, powered by the company 's
proprietary Keyword DNA(TM) technology. The transaction is
expected to close in the first quarter of 2005. Local Direct can be licensed to
websites and search engines that provide local business information
and serve local advertisers. Once released from beta, SMS LOCAL will be
provided as an addition to the Local Direct platform, thereby
providing Local Direct clients with both Internet and nationwide
wireless local-search and directory assistance services.

For directories, web rings , or other link lists pertaining to the sport of softball.

rings sufficient

For more information on Interchange, visit the company's website
at www. Any forward-looking statements reflect
our current views with respect to future events and are subject to
these and other risks, uncertainties and assumptions relating to our
operations, results of operations, growth strategy and liquidity. Interchange's Local Direct (TM) search
and advertising platform delivers geographically-targeted search
results to consumers via the Web.

pertaining tournaments

Inspire will be renamed Interchange Europe.

bats sufficient

Advertising Writers/Business Editors /High-Tech Editors

LAGUNA HILLS, Calif. Any forward-looking statements are based on the beliefs of
our management as well as assumptions made by and information
currently available to our management .

strives only

Interchange's Local Direct(TM) search and
advertising platform delivers geographically-targeted search results
to consumers via the Web.
"As previously discussed, our five-point growth strategy includes
enhancement of our local-search services, international expansion and
acquisitions.
For more information, visit Interchange's corporate website at
www.com

Forward-Looking Statements: All statements other than statements
of historical fact included in this document regarding our anticipated
financial position, business strategy and plans and objectives of our
management for future operations , are forward-looking statements.

must directory

Under the terms of the agreement, the Inspire
shareholders will receive an aggregate of $15 million in cash and will
be eligible to receive up to 447,067 shares of common stock, which
represents $7. The acquisition will
be made by Interchange Europe Holding Corporation, a newly created,
wholly-owned subsidiary of Interchange.interchangeusa. In the UK, Irish and Spanish
markets, Inspire offers complete white-label Internet and wireless
directory services that allow online media groups to offer their own
turn-key branded services. All
subsequent written and oral forward-looking statements attributable to
us or persons acting on our behalf are expressly qualified in their
entirety by this paragraph.

rings indexed

Inspire's
search engine is based upon a collaborative content architecture that
augments business listings with an array of local content , including
online vertical content, classifieds, reviews, and businesses web
information and content .com

About Inspire

Inspire Infrastructure is a key enabler of next-generation
local -search technology.

recreational primarily

(NASDAQ:INCX) provides paid-search services that
enable businesses to reach consumers through targeted online
advertising.5 million based on a 30-day trailing average, subject to
the satisfaction of certain performance criteria over the next two
years. Inspire powers directory search services in
six European countries, including services for leading European
directory groups such as Findexa, World Directories, The Number
118118, and the YellowNet.

sufficient value

Business Editors/High -Tech Writers

LAGUNA HILLS, Calif.
Under the terms of the definitive agreement announced Feb . In the U.

friendlies bats

Inspire is headquartered in Stockholm, Sweden,
with subsidiaries in London, England and Madrid, Spain.co.

depth directories

9,
2005, the Inspire shareholders received an aggregate of $15 million in
cash and will be eligible to receive up to 447,067 shares of common
stock, subject to the satisfaction of certain performance criteria
over the next 2 years. Interchange's new SMS LOCAL(TM) service delivers targeted
search results by location to consumers via mobile and wireless
devices.

softball competitive

co. Interchange 's new SMS LOCAL(TM) service
delivers targeted search results by location to consumers via mobile
and wireless devices.

tournament directory

Interchange Completes Acquisition of Inspire Infrastructure

uk brand.

ring value

Inspire powers directory search services in six European
countries, including services for leading European directory groups
such as Findexa, World Directories, The Number 118118, and the
YellowNet.
Interchange has headquarters in Laguna Hills, with European
offices in Stockholm, Madrid and London.

Interchange to Acquire Search Technology Company Announces European Expansion Plans

We believe Interchange Europe will have a
commanding position in the emerging European local-search markets,"
said Antony Waldorf, Inspire CEO. Interchange's
local-search services are powered by the company's Keyword DNA (TM)
technology.