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Precious Metals Exchange Corp. Engages Direct Response Marketing Specialist Walton & Associates, Inc. for National Roll-Out Campaign

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ADDISON, TX--(MARKET WIRE)--May 7, 2009 -- Precious Metals Exchange Corp. (Other OTC:PRMX.PK) announced today it has engaged Walton & Associates, Inc. to manage, coordinate and execute its CashOutMyGold.com national advertising campaign. Walton has plans for exposure through television commercials, radio, newspapers, Internet and national magazines.

Garrett Vogel, President of Precious Metals, stated, "We brought on Walton to highlight all the ways our company stands out from the competition. Walton has 30 years of National and International Direct Response marketing and public communications experience, and a track record of highly successful national marketing campaigns including 1-800-Flowers, Ginsu Knives, DiDiSeven and the Triple Edge Wiper Blade. Walton's professional experience in product promotion and branding made all of these companies household names. They have planned and executed over 100 National Direct Response Marketing Campaigns over the last three decades, and we are confident in what their experience will do for us."

Vice President of Precious Metals Mark Ussery added, "We know a media specialist with a successful track record on national campaigns is imperative to meeting our goals. Walton will be responsible for media buying, media placements, creative production, planning and execution of all phases of marketing and advertising campaigns for CashOutMyGold.com. Walton's work will complement our VolumeContact(TM) marketing and emphasize our ability to provide customers with better service and higher payouts. We allow customers to follow processing from start to finish, including the ability to accept or decline our offer online and in real-time."

John Walton, President of Walton & Associates, Inc., said, "Our specialty is launching new companies that can distinguish themselves and their products. Partnering with Precious Metals Exchange Corp. on its national roll-out is a natural fit for us and plays to our skill set. We've got great plans for CashOutMyGold.com's success in the market and the marketplace."

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)

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