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Purchase Credits Will Facilitate National Launch of CashOutMyGold.com Advertising Campaign With Cable TV, Magazine Publications, Newspapers, Internet and Radio Distribution

ADDISON, TX--(MARKET WIRE)--May 21, 2009 -- Precious Metals Exchange Corp. (Other OTC:PRMX.PK - News) announced today the Company has entered into an agreement with TIMCO International, Inc. to purchase up to $2,000,000 worth of national television, radio, newspaper and major magazine advertising with restricted stock. The Purchase Credit for Stock Agreement requires the Company to pay cash commissions and agency fees and will slash national ad costs by up to 75%.

Garrett Vogel, President of Precious Metals Exchange Corp., stated, "Our agreement with TIMCO lets us economically launch CashOutMyGold.com on a national scale. TIMCO will cover advertising costs in exchange for restricted stock in the Company. PRMX will be responsible for payment of a cash commission to TIMCO and media placement agency fees, but will have our pick of national television, radio, newspaper and major magazine media outlets including Internet and local and national newspapers. The Company can also use TIMCO's Purchase Credits to energize direct response television commercials and 'per inquiry' advertisers and service providers."

Tim Valentine, TIMCO President and CEO, added, "We are looking forward to our partnership with Precious Metals. TIMCO has made Purchase Credit media buys for many of our clients, mostly in the consumer products area, but the prospect of helping launch the CashOutMyGold.com service nationally is an exciting new use of this proven marketing tool."

TIMCO International, Inc. is a full service promotions and media buying firm, supplying promotional goods, services, and sales incentive programs to the advertising media industry. The company provides their clients with advertising media as well as other goods and services in exchange for their excess capacity, slow moving or non-working inventories and other non-performing assets. TIMCO's professionals have a combined 45 years of experience in the trade credit and media barter business.

Precious Metals Exchange Corp. operates in the precious metals refining and recycling sector of the precious metals industry. The Company provides a convenient, secure and efficient method for customers to sell items containing precious metals. Targeted direct marketing is used to identify potential customers, and a highly automated fulfillment process to ensure their satisfaction through high payouts and quick service. The Company recycles customers' broken or unwanted jewelry and other items for gold, platinum and silver content, avoiding the risks and environmental costs of mining. For more corporate information, please visit www.preciousmetalsexchangecorp.com.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act") including the fourth quarter revenue and future growth. Additionally, words such as "seek," intend," "believe," "plan," "estimate," "expect," "anticipate" and other similar expressions are forward-looking statements within the meaning of the Act. Some or all of the events or results anticipated by these forward-looking statements may not occur. Factors that could cause or contribute to such differences include the future U.S. and global economies and the impact of competition. Precious Metals Exchange Corp. does not undertake any duty nor does it intend to update the results of these forward-looking statements.

For further information on Precious Metals Exchange Corp., please view www.pmecusa.com.

Contact:

     Investor Relations Contact:
     The Eversull Group, Inc.
     Jack Eversull
     972-378-7917
     972-378-7981 (fax)