Resource Exchange of America Provides Corporate Update

SARASOTA, FL, Apr 06 (MARKET WIRE) --
Resource Exchange of America Corporation (OTCBB: RXAC), a Florida-based
recycling company, is pleased to announce this corporate update.

On February 9, 2010, Dana J. Pekas was appointed CEO and President; David
Finkelstein was appointed CFO, Treasurer and Secretary; and Clarence M.
McCulley was appointed as COO. All were also appointed to serve on the
Company's Board of Directors.

On February 22, 2010, the Company acquired UTP Holdings LLC, a U.S. based
recycling company that specializes in exporting ferrous and non-ferrous
metals from North America and the Caribbean.

"With UTP's strong leadership and extensive knowledge of the recycling
industry, they have managed to build a successful international
commodities business," says David N. Finkelstein, CFO of RXAC. "This
acquisition lays the groundwork for what we will accomplish by
aggregating all aspects of the recycling business, from scrap acquisition
through to processing and eventual sales of the end product."

The U.S. scrap metal market is approximately $30 billion. With UTP's
proximity to international market access paths, the acquisition of UTP
establishes RXAC as a force in a global and dynamic marketplace. The goal
of Resource Exchange of America Corporation is to rationalize a
fragmented global recycling system and to provide a dependable and
consistent solution for their global clientele.

As part of the foregoing transactions, the Company also changed its name
from Mobieyes, Inc. to Resource Exchange of America Corporation. In
connection with this name change, the Company applied for and
subsequently received a new symbol, RXAC, from FINRA on March 18, 2010,
which became effective as of March 19, 2010.

About UTP Holdings LLC

UTP Holdings LLC is a U.S. based recycling company with global
distribution. The company specializes in exporting ferrous and nonferrous
scrap from their North American and Caribbean supplier locations.

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 non-ferrous scrap metal. The company will
identify and 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 synergy and obtain
the ability to tackle the biggest jobs. With its access to deep-water
ports, the company will be able to sell the scrap metal to clients
domestically as well as abroad at premium prices.

Resource Exchange of American Corporation leverages local representation
in Europe, India, the Caribbean and the U.S. to build relationships with
business partners and governments to secure a solid supply line of
recyclable products. The key to the success of Resource Exchange of
America Corp. is the ability to purchase inventories and process the
products, superior client service, communication and support.

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 Stanley Wunderlich at (800)
625-2236 ext. 7770 or info@cfsg1.com.

Contact:
Stanley Wunderlich
Consulting for Strategic Growth 1
Tel: 1-800-625-2236
Fax: 1-646-205-7771
Email: Email Contact

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