Jason Donald Named XA Worldwide CEO

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Mr. Donald assumed his new position as CEO of XA Worldwide, Inc. on July 3, 2008. He will also serve on the board of directors. Mr. Donald succeeds XA Worldwide's former CEO Michael Prozer, who is no longer associated with the Company.

It is a great honor to join the leadership team, and be a part of ensuring the long-term success of XA Worldwide.

XA Worldwide Inc. today announced that its board of directors has named Jason Donald as the company's chief executive officer and president.

Mr. Donald joined XA Worldwide Inc. as Executive Vice President in November 2008. Since he joined the Company, he has been involved with solidifying client relationships, focusing on the development of the applications for these clients, and establishing and refining plans for the strategic growth of the Company. Prior to joining XA Worldwide, Mr. Donald served as Co-Owner and Managing Director for Sperry Van Ness Tampa since 2006. Mr. Donald has negotiated and secured transactions with an aggregate value in excess of $100 million. Over his 15 year career, he has also served as Senior Account Manager with Pointline (formerly Mohr Partners) and as Account Executive for Bausch and Lomb.

"I am excited about the opportunity to lead this progressive company," said Mr. Donald. "It is a great honor to join the leadership team, and be a part of ensuring the long-term success of XA Worldwide."

Mr. Donald assumed his new position on July 3, 2009. He will also serve on the board of directors. Mr. Donald succeeds XA Worldwide's former CEO Michael Prozer, who is no longer associated with the Company.

XA Worldwide Inc. is a privately held development stage company that provides electronic payment and risk management solutions to domestic and international partners. The Company's technologies enable individuals, municipalities, and businesses to exchange data securely across Web, call center, POS, and mobile networks. It also integrates and optimizes commerce transaction processing systems tailored to any business model or need.

XA Worldwide Inc. is the parent company to xchangeAGENT Inc. SA and xchangeAGENT Inc.

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Dominique McCann
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