Xchange Technology Group Appoints Chappell Phillips as the Vice President of Administration & General Counsel

MORRISVILLE, NC, January 04, 2013

Xchange Technology Group today announced the appointment of Chappell Phillips as the Vice President of Administration & General Counsel. In his new role, Chappell will report directly to the CEO of XTG, Jeff McFarlane and will be in charge of national and international legal transactions, M&A, contract negotiations and other legal matters.

Chappell is a proven and effective consensus-builder and manager of international business initiatives with over 19 years of extensive experience in corporate governance, commercial contract negotiating, M&A, intellectual property, employment, regulatory compliance and more.

Chappell comes to XTG from PRA International, where he was the Director of Legal Affairs. Prior to PRA International, he was the Associate General Counsel with Kimball International for 11 years.

Chappell holds a juris doctor degree from the University of North Carolina School of Law and a bachelor's degree in Latin American Studies from the University of North Carolina in Chapel Hill. He is a member of the State Bar of North Carolina and Association of Corporate Counsel.

Xchange Technology Group (XTG), established in 1996, is a multinational corporation with regional offices in eight countries. XTG specializes in technology lifecycle management, designed to dramatically improve the return on customers' technology investments at all stages of the lifecycle. For further information please visit http://www.xtgglobal.com