XRM Xrm Global

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xRM Global Inc. ("xRM Global") (TSX VENTURE:XRM), which has developed and
operates the xRM Utility for some of the largest global enterprises, announced
today that it has revised the terms of its proposed non-brokered private
placement which was announced on November 4, 2009. Under the amended terms of
the private placement, xRM Global will sell up to 4,615,385 units (the "Units")
at $0.65 per Unit for gross proceeds of up to $3,000,000 (the "Offering"). Each
Unit will consist of one common share of xRM Global and one common share
purchase warrant (the "Warrants") exercisable, subject to adjustment in
accordance with its terms, for 12 months at $0.80 per warrant. The Offering,
which is subject to all necessary regulatory approvals, is expected to be
completed in tranches on multiple closing dates, with the last closing expected
on or around February 20, 2010.


In connection with the Offering, xRM Global may also pay a commission or
finder's fee to one or more arm's length third parties, which may include (i) a
cash fee of up to 8% of the aggregate gross proceeds of the Offering; and (ii)
compensation options entitling the holder to purchase for a period of 24 months,
upon payment of an amount equal to the price per Unit noted above, that number
of Units or common shares of the xRM Global which is equal to 8% of the number
of Units sold pursuant to the Offering.


Pursuant to applicable Canadian securities laws, the common shares and warrants
issued under the Offering will be subject to a four-month hold period from the
time of each applicable closing under the Offering.


The proceeds of the Offering will be used for expansion in target markets and
for general working capital purposes.


The Offering is subject to certain conditions including, but not limited to, the
receipt of all necessary approvals, including the approval of the TSX Venture
Exchange and the securities regulatory authorities.


The securities offered have not been registered under the U.S. Securities Act of
1933, as amended, and may not be offered or sold in the United States absent
registration or an applicable exemption from the registration requirements. This
press release shall not constitute an offer to sell or the solicitation of an
offer to buy nor shall there be any sale of the securities in any State in which
such offer, solicitation or sale would be unlawful.


About xRM Global Inc. 

xRM Global empowers people within the enterprise to achieve "high-touch,
high-trust" interactions dramatically improving overall financial performance
and building highly interactive social networks. This relationship centric
automation is performed on xRM Global's On-Demand Enterprise 2.0 relationship
management utility (the "xRM Utility"). The xRM Utility captures the best and
most innovative practices of each industry and deploys them on a global basis
enabling the transformation of an entire enterprise from a "Command & Control"
structure to a "High-touch, High-trust" culture. People now have the freedom to
focus on building and managing relationships, both internally and externally,
which are integral to the enterprise. Best Practices are developed globally and
are published in the Best Practices Marketplace within the xRM Utility allowing
our customers to rapidly deploy new products and services locally and
internationally without the large expense of systems discovery and development.
Best practices are developed for internal and external relationship management
as well as for the entire enterprise within industry verticals such as
insurance, wealth management and telecom. Additional information about xRM
Global can be found at www.xrmglobal.com and at www.sedar.com. 


Forward-looking statements

This news release includes certain forward-looking statements within the meaning
of Canadian securities laws. Forward-looking statements involve risks,
uncertainties and other factors that could cause actual results, performance,
prospects and opportunities to differ materially from those expressed in such
forward-looking statements. Forward-looking statements in this news release
include, but are not limited to, economic performance and future plans and
objectives of xRM Global. Any number of important factors could cause actual
results to differ materially from these forward-looking statements. Although xRM
Global believes that the assumptions and factors used in making these
forward-looking statements are reasonable, undue reliance should not be placed
on these statements, which only apply as of the date of this news release, and
no assurance can be given that any such events will occur in the disclosed
timeframes or at all. xRM Global disclaims any intention or obligation to update
or revise any forward-looking statement, whether as a result of new information,
future events or otherwise.

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