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Resource Exchange of America Corporation Announces Membership in the National Demolition Association

SOURCE: Resource Exchange of America Corporation

SARASOTA, FL–(Marketwire – July 26, 2010) –  Resource Exchange of America Corporation (OTCBB: RXAC), a Florida-based recycling company, is pleased to announce that its subsidiary Asset Recovery of America, LLC (ARA) has recently become a member of the National Demolition Association (NDA). The NDA represents over 1,100 US, Canadian and international companies that offer standard demolition services as well as a full range of demolition-related services and products.

As part of the membership, the NDA will provide RXAC with regulatory standards assistance and representation at government agencies.

“We are very pleased to announce our membership in the National Demolition Association,” says Dana Pekas, CEO of RXAC. “We highly respect the work of the NDA and believe that ARA’s membership further strengthens our brand and furthers our goal of continuing to be a responsible corporate citizen.”

About The National Demolition Association
The National Demolition Association is a non-profit trade organization representing more than 1,100 US, Canadian and international firms involved in the demolition process. The NDA provides members information on the latest advances in equipment and services as well as educational programs and tools to stay abreast of regulatory and safety matters. The association also keeps regulators informed about issues in the industry while increasing public awareness of the economic and social benefits of demolition.

About Resource Exchange of America Corporation
Resource Exchange of America Corporation is working to become a recycling powerhouse by rolling up companies within asset recovery, processing and brokering of ferrous and nonferrous scrap metal. With its access to deep-water ports, the company will be able to sell the scrap metal to clients domestically as well as abroad. Resource Exchange of America Corporation will bring together the best companies within the recycling industry and elevate them to excellence, drawing on the strengths of the individual companies while combining forces to achieve synergies and be able to tackle the biggest jobs.

Disclaimer — Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may,” “future,” “plan” or “planned,” “will” or “should,” “expected,” “anticipates,” “draft,” “eventually” or “projected.” You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements; projected events in this press release may not occur due to unforeseen circumstances, various factors, and other risks identified in a company’s annual report on Form 10-K and other filings made by such company.

For more information about Resource Exchange of America Corporation, visit www.resource-exchange.com or contact:

Investor Relations

USA toll free 1(888)551-4115 or NY Local 1(646)405-4805 rxac@mscorpcommunications.com.

CONTACT:
Morningstar Corporate Communications
Toll Free: 1(888) 551-4115
Phone / Fax: (646) 405-4805
Email: Email Contact

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