Mr. Brian Kalish reports

XIGEM TECHNOLOGIES ANNOUNCES SHARES FOR DEBT TRANSACTION AND WARRANT EXERCISE

Xigem Technologies Corp. has entered into a debt settlement agreement with an arm's-length creditor whereby the company will settle outstanding payables totalling $200,000 through the issuance of 952,381 common shares of the company at a deemed price of 21 cents per share.

The shares will be subject to a four-month hold period in accordance with applicable securities laws. All share issuances are subject to applicable regulatory approval, including the approval of the Canadian Securities Exchange.

The company also announced the recent exercise of certain warrants at an exercise price of seven cents per common share of Xigem. To date, 2,275,000 warrants have been exercised for gross proceeds of $159,250.

About Xigem Technologies Corp.

Established in Toronto, Ont., Xigem is positioned to become a leading technology provider for the emerging near-trillion-dollar remote economy, with software capable of improving the capacity, productivity and overall remote operations for businesses, consumers and other organizations. iAgent, the company's patented technology, will provide organizations, businesses and consumers with the tools necessary to thrive in a vast array of remote working, learning and treatment environments while the company looks to aggregate a portfolio of innovative technologies capable of disrupting traditional business models.

We seek Safe Harbor.