Trade Mansions, Auction a Helicopter or Purchase a Rare Pink Diamond on BillionaireXchange.com

~ New Members-only Web Site Launches to Buy, Sell and Trade High-end Assets ~
MIAMI, Fla.--(Business Wire)--
BillionaireXchange, the world`s first private online auction, sales and trade
Web site for high-end luxury assets, today announced it will officially move to
referral and invitation-only membership. The Web site provides safe, secure and
now exclusive access for affluent users to buy, sell, trade and bid on luxury
items directly through BillionaireXchange.com.

First released to the general public as a beta site earlier this year,
BillionaireXchange currently has more than 26,000 multi-millionaires as well as
nearly a dozen billionaires as members. BillionaireXchange users are based
worldwide and are required to have a verifiable liquid net worth of $2 million
to become a member.

Auction and sales listings start at $1,000 and have included items ranging from
rare super cars and 12-passenger private jets to an $840 million development
site on the Las Vegas strip, a €50 million resort in Puerto Vallarta and a
$250,000, 186-carat diamond chess set. Without the threat of fraud or
counterfeit merchandise, users can also gain exclusive access to order and
personalize luxury goods directly though high-end manufacturers and couture
brands.

"Our audience consists of technology-savvy luxury buyers who have been lost
between the old auction house model and common online retail and auction sites
that can devalue luxury products," stated Quintin Thompson, co-founder and
executive partner of BillionaireXchange. "BillionaireXchange not only helps
affluent buyers purchase products, but also provides a resource for people
looking to liquidate assets in a private and secure environment."

All user identities are verified through BillionaireXchange Member Services,
which also regulates, appraises and escrows all purchases made through the site.
The company never gives out users` personal contact information, but sellers and
bidders utilize usernames to make contact through the BillionaireXchange
messaging center.

Current BillionaireXchange members will maintain their accounts and the ability
to refer and invite friends, family or business associates to join, provided the
individuals meet BillionaireXchange`s qualifications. Those who are not directly
invited can still request membership, but will be charged an annual fee once
accepted to ensure that membership remains highly exclusive. Businesses can also
join as members and list auction items or be showcased in a VIP directory.

About BillionaireXchange

BillionaireXchange was founded in 2009 as the world`s first private online
auction and exchange site for high-end luxury items. Members from around the
world are able to buy, sell, bid on, auction and/or exchange high-value assets.
All members are verified, transactions are escrowed, items are appraised and
verified, and transportation scheduled and managed by the BillionaireXchange
Member Services department. The site`s auction sections are art and antiques,
boats and yachts, businesses for sale, celebrity listings, commercial
properties, fine liquors, foreclosed homes, jewelry and watches, luxury
handbags, luxury real estate, luxury vehicles, planes and helicopters, luxury
travel, luxury events and charity auctions. For more information, visit
www.BillionaireXchange.com.

Luxe Communications for BillionaireXchange
Mike Haas, 323-951-0529 x206
mike@luxecommunications.com
or
Rachel Jones, 323-951-0529 x207
rachel@luxecommunications.com

Copyright Business Wire 2009