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XO Communications Chooses SonicRecruit

Leading telecommunications provider selects SonicRecruit recruiting application

San Francisco, CA - July 12, 2004 - CareerExchange Interactive Corp. (CRX:TSX-V), a leading provider of recruiting software solutions, is pleased to announce that major telecommunications provider XO Communications, Inc. has selected CareerExchange's SonicRecruit product to optimize their recruitment process and has signed a multi-year contract.

With $1,11 billion in reported revenue in 2003, XO Communications serves more than 70 US major metropolitan areas. SonicRecruit will assist XO in recruiting a geographically distributed workforce and supporting the company's mandate of hiring experienced professionals dedicated to exceptional customer service. "Our employees are our most valuable assets. Their experience and dedication help the company discover new and better ways of approaching and accomplishing our business goals. As such, recruiting is one of the key cornerstones to our business," Terri Burke, vice president of Human Resources at XO. "In our rapidly changing and highly competitive industry, we need to combine the best recruiting strategies with innovative technology solutions to accomplish our corporate objectives and SonicRecruit is assisting us with that goal. We are very pleased with results we have experienced with SonicRecruit."

"XO Communications is a leader in the telecommunications industry and we are pleased to have been chosen to play a role in their growth." said Jason Moreau, President of CareerExchange. "By selecting a recruiting solution that delivers the flexibility and robust functionality necessary to succeed in a highly competitive environment, XO will be able to meet their demanding workforce requirements. Using SonicRecruit, XO can positively impact their hiring results and improve their competitive position with a stronger, more skilled workforce."

About XO Communications
XO Communications is a leading provider of national and local telecommunications services to businesses, large enterprises and telecommunications companies. XO offers a complete portfolio of services, including local and long distance voice, dedicated Internet access, private networking, data transport, and Web hosting services as well as bundled voice and Internet solutions. XO provides these services over an advanced, national facilities-based IP network and serves more than 70 metropolitan markets across the United States. For more information, visit www.xo.com.

About CareerExchange Interactive Corp.
CareerExchange Interactive Corp. (CRX:TSX-V) provides innovative recruiting products and services to corporations, recruiting agencies and candidates. Through its flagship products, SonicRecruit and CareerExchange.com, the Company facilitates direct exchange of information between job seekers and employers to speed the hiring process. SonicRecruit, a premier applicant tracking system, improves recruiting effectiveness through applicant management and job requisition management and reduces administration quickly and cost-effectively. CareerExchange.com offers job board posting and resume database services to corporations. CareerExchange.com has over 150,000 resumes in its resume database and hundreds of clients. For more information visit www.sonicrecruit.com or www.careerexchange.com.

The Canadian Venture Exchange does not accept responsibility for the adequacy or accuracy of this news release.

For further information please contact:
Judson Woods Inc.Lorne Woods
(514) 486-3095
(800) 937-3095
lorne@judsonwoods.com   

CareerExchange Interactive Corp.
ir@sonicrecruit.com
www.sonicrecruit.com

This release may contain certain forward-looking statements reflecting CareerExchanges' current expectations in the human resources market. Investors are cautioned that all forward-looking statements involve risks and uncertainties, including, without limitation, changes in market and competition, technological developments and potential downturns in economic conditions generally. Additional information on these and other potential factors that could affect the company's financial results are detailed in documents filed from time to time with the British Columbia Securities Commission.

This press release was distributed through eMediawire by Human Resources Marketer (HR Marketer: www.HRmarketer.com) on behalf of the company listed above.