CoreXchange^SM, the IT industry’s fastest growing provider of advanced networking solutions, today announced it has entered into a three year agreement with Stream Energy for enterprise networking services out of CoreXchange’s  Dallas data center.

“Stream Energy’s customer base has quickly grown to 300,000 and is expected reach 400,000 in Texas this year, which means our technology infrastructure must also keep pace,” said Jason Forgey, senior director of information technologies for Stream.  “We have reached capacity with our in-house server resources and expect to double our requirements in the year ahead.  We therefore chose CoreXchange as our networking technology partner because of their ability to support our exponential growth.”

Stream Energy is moving their primary IT and server infrastructure to the CoreXchange data center facility located in the Dallas INFOMART. CoreXchange will provide Stream Energy multi-homed managed network connectivity to a leased data center cage, with high power capacity.  This solution will support Stream Energy’s state-of-art customer service system, online billing transaction platform, IP telephony system, and other critical IT infrastructure components.

“CoreXchange offers a cost-effective, highly reliable networking solution that can be  provisioned far faster, and in a more scalable environment, than it would take a large enterprise like Stream Energy to deploy a solution in an in-house data center,” according to Julia Morgan, sales executive for CoreXchange. “It was important for Stream Energy to select a provider that specializes in advanced networking services so that they can focus their resources on core business and internal IT priorities.”

About CoreXchange
CoreXchange is the IT industry’s first network access exchange provider, delivering multi-homed connectivity and network-layer managed services. CoreXchange recently introduced its proprietary Pricing Configurator, the industry’s first bandwidth services configuration tool that allows enterprise users and resellers to control the performance and cost of their Internet connection. The Configurator provides users with the ability to instantly configure and generate pricing for a multi-homed mesh of Tier-1 backbone carriers via a simple web interface.  CoreXchange comprehensive solutions also include disaster recovery, business continuance centers, co-location and related managed services. Connectivity services are available in CoreXchange’s enterprise-class data center or at a customer’s remote location, via local loop, metro Ethernet transport. Headquartered in the nationally-recognized Infomart carrier center, CoreXchange is led by a highly experienced team of networking services technologists and executives. To learn more about CoreXchange, visit the website at www.corexchange.com.

About Stream Energy
Since being licensed as a Retail Electric Provider by the Public Utilities Commission in early 2005, privately held Stream Energy has grown rapidly into one of the largest participants in the Texas deregulated electricity market, with roughly 300,000 residential customers. Stream Energy's success is attributable to a full-service approach to customer relationships, supported by a customer-advantageous pricing model and the company's network marketing subsidiary, Ignite. Additional information is available on the Stream Energy website at http://www.streamenergy.net.

CoreXchange^SM today announced that Chris Turbeville, an ISP and networking industry veteran, has joined the company as Senior Vice President of Information Technology & Networking. Chris will be responsible for furthering development of the industry’s first network access exchange, which offers enterprises managed access to a mesh of leading Tier-1 Internet backbones.

“Chris has the extensive experience and knowledge that is needed to manage our sophisticated network offering,” said Mike Walti, founder and technology architect of CoreXchange.  “His remarkable breadth of capabilities will allow him to lead the development and implementation of CoreXchange’s Network Access Exchange and CoreControl customer management portal.”

Most recently, Chris served as vice president of network engineering for The Planet, overseeing the implementation of a 100 gigabit network infrastructure.  He previously managed Verio’s national IT network and security infrastructure.  Chris served in critical IT and network engineering leadership roles since Verio’s inception, having joined the company after its foundational acquisition of OnRamp Technologies in 1995. At OnRamp, Chris played a major role in growing OnRamp from a start-up in the early days of commercial ISPs to a nationally-recognized networking industry leader. He obtained an undergraduate in mathematics and a master’s degree in computer science from the University of Texas at Arlington.

“I am excited to be joining a management team at CoreXchange entirely comprised of networking industry veterans” according to Chris. “The company is positioned to offer network-layer services at a level of performance and with the capabilities that are unprecedented in our industry.”

About CoreXchange, Inc.

CoreXchange is the IT industry’s first network access exchange provider, delivering multi-homed connectivity and network-layer managed services. CoreXchange recently introduced its proprietary Pricing Configurator, the industry’s first bandwidth services configuration tool that allows enterprise users and resellers to control the performance and cost of their Internet connection. The Configurator provides users with the ability to instantly configure and generate pricing for a multi-homed mesh of Tier-1 backbone carriers via a simple web interface.  CoreXchange comprehensive solutions also include disaster recovery, business continuance centers, co-location and related managed services. Connectivity services are available in CoreXchange’s enterprise-class data center or at a customer’s remote location, via local loop, metro Ethernet transport. Headquartered in the nationally-recognized Infomart carrier center, CoreXchange is led by a highly experienced team of networking services technologists and executives. To learn more about CoreXchange, visit the website at www.corexchange.com.

CoreXchange^SM today announced the addition of Global Crossing, a leading global IP solutions provider, to the CoreXchange Network Access Exchange^SM.  The CoreXchange multi-homed network allows enterprises access to Global Crossing and other leading Tier-1 Internet backbones through a single, highly managed network connection.

“Global Crossing is a logical addition to our multi-homed network,” said Michael Walti, founder and technology architect of CoreXchange. “Their global reach and superior backbone capacity will allow our customers to experience increased network performance and quality of service.”

CoreXchange offers high-performance network-based solutions to business enterprises and service providers based on their individual network requirements.  Services include bandwidth solutions, managed services, business continuity and disaster recovery.

“Global Crossing’s fully-meshed IP network meets the demands of the most advanced service providers in the world,” said Peter Spina, general manager at Global Crossing. “High-capacity network service providers such as CoreXchange are able to leverage our global IP network as part of their multi-homed network services offering.”

CoreXchange uses Global Crossing’s Direct Internet Access (DIA) service, providing always-on, direct high-speed global Internet connections at speeds ranging from 56/64 Kbps to OC48/STM16, as well as Fast Ethernet, Gigabit Ethernet and 10-Gigabit Ethernet.  The company’s fully-meshed IP network, incorporating Multiprotocol Label Switching-traffic engineering (MPLS-te) as a backbone transport technology, provides the ultimate in network resiliency and flexibility.

About CoreXchange, Inc.
CoreXchange is the IT industry’s first network access exchange provider, delivering custom Internet bandwidth solutions and network infrastructure availability services. Headquartered in the nationally-recognized Dallas Infomart carrier center, CoreXchange is led by a highly experienced team of networking services technologists and executives. To learn more about CoreXchange, visit the website at www.corexchange.com.

About Global Crossing

Global Crossing (NASDAQ: GLBC) provides telecommunications solutions over the world's first integrated global IP-based network.  The company’s global sales and support model matches the network footprint and, like the network, delivers a consistent customer experience worldwide.

Global Crossing IP services are global in scale, linking the world’s enterprises, governments and carriers with customers, employees and partners worldwide in a secure environment that is ideally suited for IP-based business applications, allowing e-commerce to thrive.  The company offers a full range of data, voice and security products to approximately 40 percent of the Fortune 500, as well as 700 carriers, mobile operators and ISPs.  Its Professional Services and Managed Solutions provide VoIP, security and network consulting and management services to support its Global Crossing IP VPN service and Global Crossing VoIP services.  Global Crossing was the first global communications provider with IPv6 natively deployed in both its private and public backbone networks.

CoreXchange^SM announces their participation in the North Texas Technology Day hosted by Presidio Networked Solutions and Unified Infrastructure Services (UIS).   The event details are as follows:

• Wednesday, April 9th 2008: 8:30am – 7:00pm
• Unified Infrastructure Services: 4025 Midway, Carrollton, TX  75007
• Visit http://www.presidio.com/company/events.asp for more information and schedule of events

"Presidio values our relationship with CoreXchange and we are pleased to be working with UIS to bring together a diverse group of technology manufactures and service providers for this event,” explained Doug Metz, Territory Manager for Presidio Networked Solutions.  “Industry experts will be speaking to enterprise customers about the latest developments in advanced networking, managed security, virtualization, disaster recovery, collocation, application and WAN acceleration, VoIP, and storage area networking. We know that these are key challenges that IT organizations are faced with today and we look forward to providing insight and value for IT Management and Business Executives."

Unified Infrastructure Services (UIS) will host data center tours from 10a.m. to 3 p.m. covering topics from advanced power and cooling systems to optimal raised floor designs.  CoreXchange will be in the UIS Data Center to provide information on its advanced networking solutions, business continuity, disaster recovery, collocation, and managed services.

 “UIS is becoming a market leader by forming strong relationships with technology innovators,” said Lance A. Smith, Vice President of Operations.  “As a leading provider of data center services, UIS recognizes the significant value that CoreXchange brings to our client base.”

CoreXchange will also be hosting demonstrations of its new, patent-pending ConfiguratorSM accessible at www.corexchange.com.  The Configurator allows users to realize advantages over traditional network services quote processes by providing instant online pricing based on customized options including backbone providers, connection size, bandwidth commitment, cap and contract length.

The Configurator provides customers and resellers with the ability either to configure their own network services package or to select from pre-configured network packages. Pre-configured packages currently include the following options:

• Full cabinet with 10Mb bandwidth
• Full T1 with local loop (on-net central offices)
• 10 Mb metro Ethernet with local loop (on-net buildings)
• Free monitoring of 5 devices with a 50 Mb commitment 

CoreXchange connectivity services are available to customers either within the CoreXchange data center located within the Dallas Infomart carrier center or at a customer’s site via metro Ethernet.

About CoreXchange, Inc.
CoreXchange is the IT industry’s first network access exchange provider, delivering custom Internet bandwidth solutions and network infrastructure availability services. Headquartered in the nationally-recognized Dallas Infomart carrier center, CoreXchange is led by a highly experienced team of networking services technologists and executives. To learn more about CoreXchange, visit the website at www.corexchange.com.

CoreXchange^SM, the industry’s first network access exchange provider, announced that it has completed a convertible note financing led by Red Barn Investments and has secured a credit facility with Silicon Valley Bank.  Funding terms were not disclosed.

“Red Barn is pleased to increase its investment commitment in CoreXchange,” according to Pat Pollard, Red Barn managing director. “CoreXchange continues to execute on its business plan and capitalize on the significant market opportunity of providing high-availability network services to enterprises.”

CoreXchange will use the investment and credit line proceeds for the build-out of additional network and data center infrastructure and to support the continued development of its service offerings.

“We are dedicated to helping high-growth technology companies like CoreXchange reach their goals,” stated Brian Brown, senior relationship manager of Silicon Valley Bank. “Our bank’s innovative approach, financial resources, and network of business relationships will provide a long-term benefit to CoreXchange as it pursues its compelling business model.”

CoreXchange provides a comprehensive suite of enterprise networking services, including network connectivity to multiple Tier-1 Internet backbones, managed services, and business continuity solutions. The company has simplified bandwidth pricing with its revolutionary Configurator^SM, which allows customers and resellers to obtain instant price quotes. CoreXchange customers can access a variety of network and service management tools through CoreControl^SM, a powerful back-end management and support portal.

“CoreXchange is excited to have obtained strong financial backing from two highly reputable, experienced, and innovative funding sources,” said Ed Kramer, Chief Financial Officer of CoreXchange.  “The follow-on funding from Red Barn and other investors and the credit facility that we secured through Silicon Valley Bank will enable us to augment investments in our network and technology infrastructure to capitalize on the ever-growing network services space.”

About CoreXchange, Inc.
CoreXchange is the IT industry’s first network access exchange provider, delivering custom Internet bandwidth solutions and network infrastructure availability services. Headquartered in the nationally-recognized Dallas Infomart carrier center, CoreXchange is led by a highly experienced team of networking services technologists and executives. To learn more about CoreXchange, visit the website at www.corexchange.com.

About Red Barn Investments
Red Barn Investments is a private equity firm located in Northbrook, Illinois that invests in small and mid-sized companies where its expertise and relationships can assist in creating value over the long term. It typically invests between $1 to $5 million in transactions valued up to $30 million. To learn more about Red Barn Investments, visit the website at www.redbarnllc.com.

About Silicon Valley Bank
Silicon Valley Bank is the premier commercial bank for emerging, growth and mature companies in the technology, life science, private equity and premium wine industries. SVB provides a comprehensive suite of financing solutions, treasury management, corporate investment and international banking services to its clients worldwide. Through its focus on specialized markets and extensive knowledge of the people and business issues driving them, Silicon Valley Bank provides a level of service and partnership that measurably impacts its clients’ success. Founded in 1983 and headquartered in Santa Clara , Calif. , the company serves clients around the world through 27 U.S. offices and three international operations. Silicon Valley Bank is a member of global financial services firm SVB Financial Group, with SVB Analytics, SVB Capital, SVB Global and SVB Private Client Services.  More information on the company can be found at www.svb.com.

CoreXchange^SM today announced that it has appointed Ed Kramer as Chief Financial Officer. Ed will be responsible for managing the company’s finance and accounting functions and will provide support for CoreXchange’s latest strategic initiatives.

With more than 24 years of experience in the network services and telecommunications industries, Ed joins CoreXchange from Ascend Partners, where he advised public and private companies in the networking space on M&A and financing strategies.  He previously served in senior management roles with Global Network Solutions (acquired by OpSource), Cable & Wireless, Exodus Communications, and GTE.

“Ed's well-rounded experience in financial leadership and strategic development makes him a great addition to our executive team," said Michael Walti, founder of CoreXchange. "His extensive networking industry experience is a strong compliment to the impressive industry backgrounds of our senior management team.”

“CoreXchange is growing at an incredible rate and I am excited to help guide their dynamic financing strategy,” said Kramer. “The company’s unique network services offerings, team of industry veterans, and expanding market opportunities make this an exciting professional opportunity.”

About CoreXchange, Inc.
CoreXchange is the IT industry’s first network access exchange provider, delivering custom Internet bandwidth solutions and network infrastructure availability services. Headquartered in the nationally-recognized Dallas Infomart carrier center, CoreXchange is led by a highly experienced team of networking services technologists and executives. To learn more about CoreXchange, visit the website at www.corexchange.com.

CoreXchange, the industry’s first network access exchange provider, today announced the launch of the CoreXchange Configurator^SM.  Accessible at www.corexchange.com, the patent pending Configurator allows customers, prospective purchasers, and resellers to configure and instantly receive a quote for multi-homed network connectivity. The Configurator allows users to realize the following advantages over traditional network services quote processes:

• Selection – Pick from a combination of multiple Tier-1 carrier backbones based on a user’s specific requirements.
• Customization - Choose connectivity services along several key parameters, including type of connection, bandwidth commitment, cap level, and contract length.
• Convenience – Partner with a single source, CoreXchange, to access multiple Tier-1 Internet backbones.
• Instant Pricing – Receive immediate bandwidth pricing online.
• Immediate Installation – All customized selections of the Configurator are live and available for customer’s use today.

“The Configurator is the network services industry’s first tool that allows enterprise users and resellers to control the performance and cost of their Internet connection,” said CoreXchange sales executive Julia Morgan. “Users can instantly configure and generate pricing for a multi-homed mesh of Tier-1 backbones.”

“As a CoreXchange partner, I can use the Configurator to speed up dramatically the process of configuring and pricing high end IP connectivity services,” said Lance A. Smith, Vice President of Operations at Unified Infrastructure Services. “The Configurator expedites the service provisioning process, which typically takes weeks or months with other network access providers.”

The Configurator provides customers and resellers with the ability either to configure their own network services package or to select from pre-configured network packages. Pre-configured packages currently include the following options:

• Full cabinet with 10Mb bandwidth
• Full T1 with local loop (on-net central offices)
• 10 Mb metro Ethernet with local loop (on-net buildings)
• Free monitoring of 5 devices with a 50 Mb commitment 

CoreXchange connectivity services are available to customers either within the CoreXchange Gateway Facility located within the Dallas Infomart carrier center or at a customer’s site via metro Ethernet.

About CoreXchange, Inc.
CoreXchange is the IT industry’s first network access exchange provider, delivering custom Internet bandwidth solutions and network infrastructure availability services. Headquartered in the nationally-recognized Dallas Infomart carrier center, CoreXchange is led by a highly experienced team of networking services technologists and executives. To learn more about CoreXchange, visit the website at www.corexchange.com.

CoreXchange, the industry’s first network access exchange provider, today announced the appointment of Julia Morgan to lead the sales efforts for the company. Morgan will be responsible for managing the CoreXchange sales force and further developing the company’s growing channel and reseller partner sales network.

“Julia has a proven record of building sales teams, exceeding revenue goals and overseeing strategic channel partner and reseller networks” said CoreXchange founder Michael Walti. “Her networking industry expertise will help CoreXchange meet its aggressive sales targets and win significant market share in the competitive network services space.”

“My experience includes contributing to the successful transition of early-stage technology companies into highly profitable enterprises with strong and sustainable revenue growth,” said Morgan. “CoreXchange has assembled a unique team of the industry’s most talented network technologists and executives, all of whom have notable track records. I am thrilled to work with the team that has redefined how network services and IT availability solutions are delivered to business enterprises of all sizes.”

Julia brings almost a decade of hosting and IT communications experience with expertise in business development including sales, sales management, marketing and product development. Most recently, Julia developed her own consulting company, Connection Select Corporation, where she was successful in saving her clients millions of dollars and expedited their time to market by leveraging her knowledge and resources in the market. She brokered technology solutions in the areas of data center development, colocation, managed servers, hardware procurement, professional services, connectivity, disaster recovery and RFP creation and management.

Previously, as vice president for The Planet, Julia oversaw all sales and marketing functions including Enterprise Colocation and Dedicated Server Sales, advertising, promotion and reseller alliances. She was successful in growing sales from $4M to $60M by generating revenue from new customer acquisitions, existing accounts, VARS and referral partnerships with established technology leaders. Julia was instrumental in the development of new product lines and ancillary services, which ultimately sustained customer loyalty. Prior to joining The Planet, Julia was the top producer of revenue for the region at Verado Holdings, Inc., a National provider of colocation, managed service solutions and communications services. Julia also held a sales and marketing position at Chancellor Marketing Group (now Clear Channel Communications). She is a graduate of the University of North Texas.

About CoreXchange, Inc.
CoreXchange is the IT industry’s first network access exchange provider, delivering custom Internet bandwidth solutions and network infrastructure availability services. Headquartered in the nationally-recognized Dallas Infomart carrier center, CoreXchange is led by a highly experienced team of networking services technologists and executives. To learn more about CoreXchange, visit the website at www.corexchange.com.

CoreXchange^SM today announced the addition of its gigabit ethernet connection with AboveNet to the CoreXchange Network Access Exchange^SM. This high-speed connection demonstrates CoreXchange's commitment to providing optimal network performance for its enterprise customers.

“Our customers set high standards for their internet connectivity and network availability needs,” said Michael Walti, founder and technology architect of CoreXchange. “Our partnership with AboveNet gives our customers access to a premier optical fiber network and helps ensure greater reliability and performance.”

“We are pleased to be chosen to meet the demands of business customer traffic on the CoreXchange Network Access Exchange,” said Michael Brown, vice president of sales and marketing for AboveNet. “By eliminating the bottlenecks of the public-switched network, AboveNet deploys and supports the most reliable networks in the world.”

The CoreXchange Network Access Exchange delivers high performance, redundant conectivity to AboveNet and other multiple leading Tier-1 Internet backbones through a fully managed connection.