CXI Currency Exchange International Corp

Currency Exchange International, Corp. (the "Company") (TSX:CXI) (OTCBB:CURN),
is pleased to announce that it has signed an agreement with Valley National Bank
to provide foreign currency exchange services to the bank starting immediately. 


The agreement with Valley National Bank establishes CXI as its foreign banknote
vendor and provides the bank with the company's proprietary software, CEIFX, to
fulfill the process. Valley National Bank operates over 200 branches throughout
northern and central New Jersey, Manhattan, Brooklyn, Queens and Long Island. 


Utilizing CEIFX allows the bank access to buying and selling more than 80
foreign currencies, full reporting functionality, and a customer support
structure to fulfill the bank customer's currency exchange needs quickly and
securely, while remaining compliant with all federal regulations. 


"We are excited and proud to announce our partnership with Currency Exchange
International," remarked First Senior Vice President Andrea Onorato. "For over
85 years, we have been dedicated to providing services that simplify and improve
our customers' banking experience. By partnering with CXI, we are offering
convenient and worry-free foreign currency exchange services from a trusted and
reliable company that shares our customer-focused strategy." 


About Valley National Bank 

Valley National Bancorp is a regional bank holding company headquartered in
Wayne, New Jersey with $16 billion in assets. Its principal subsidiary, Valley
National Bank, currently operates 205 branches in 145 communities serving 16
counties throughout northern and central New Jersey, Manhattan, Brooklyn, Queens
and Long Island. Valley National Bank is one of the largest commercial banks
headquartered in New Jersey and is committed to providing the most convenient
service, the latest in product innovations and an experienced and knowledgeable
staff with a high priority on friendly customer service 24 hours a day, 7 days a
week.


About Currency Exchange International, Corp.

The Company is in the business of providing a range of foreign currency exchange
and related financial products and services in North America, including the
Hawaiian Islands. Primary products and services include the exchange of foreign
currencies, wire transfer payments, purchase and sale of foreign bank drafts and
international traveler cheques, and foreign cheque clearing. Related products
and services include the licensing of proprietary FX software applications
delivered on its web-based interface, www.ceifx.com ("CEIFX") and licensing
retail foreign currency operations to select companies in agreed locations. The
company's services are provided in Canada by its wholly owned subsidiary based
in Toronto, Canada through the use of its proprietary software www.ceifx.ca.


CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION 

This press release includes forward-looking information within the meaning of
applicable securities laws. This forward-looking information includes, or may be
based upon, estimates, forecasts and statements as to management's expectations
with respect to, among other things, demand and market outlook for wholesale and
retail foreign currency exchange products and services, proposed entry into the
Canadian financial services industry, future growth, the timing and scale of
future business plans, results of operations, performance, and business
prospects and opportunities. Forward-looking statements are identified by the
use of terms and phrases such as "anticipate", "believe", "could", "estimate",
"expect", "intend", "may", "plan", "predict", "preliminary", "project", "will",
"would", and similar terms and phrases, including references to assumptions. 


Forward-looking information is based on the opinions and estimates of management
at the date such information is provided, and on information available to
management at such time. Forward-looking information involves significant risks,
uncertainties and assumptions that could cause the Company's actual results,
performance or achievements to differ materially from the results discussed or
implied in such forward-looking information. Actual results may differ
materially from results indicated in forward-looking information due to a number
of factors including, without limitation, the competitive nature of the foreign
exchange industry, currency exchange risks, the need for the Company to manage
its planned growth, the effects of product development and the need for
continued technological change, protection of the Company's proprietary rights,
the effect of government regulation and compliance on the Company and the
industry in which it operates, network security risks, the ability of the
Company to maintain properly working systems, theft and risk of physical harm to
personnel, reliance on key management personnel, global economic deterioration
negatively impacting tourism, volatile securities markets impacting security
pricing in a manner unrelated to operating performance and impeding access to
capital or increasing the cost of capital, and the regulatory approval process
for a new Canadian Schedule I bank, as well as the factors identified throughout
this press release and in the section entitled "Risk Factors" of the Company's
Management's Discussion and Analysis for the year ended September 30, 2012. The
forward-looking information contained in this press release represents
management's expectations as of the date hereof (or as of the date such
information is otherwise stated to be presented), and is subject to change after
such date. The Company disclaims any intention or obligation to update or revise
any forward-looking information whether as a result of new information, future
events or otherwise, except as required under applicable securities laws. 


The Toronto Stock Exchange does not accept responsibility for the adequacy or
accuracy of this press release. No stock exchange, securities commission or
other regulatory authority has approved or disapproved the information contained
in this press release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Currency Exchange International, Corp.
Randolph W. Pinna
President, Chief Executive Officer & Director
407.240.0224
Randolph@ceifx.com
www.ceifx.com

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