VRX Reports Fourth Quarter Results (Unaudited)

• 4th Quarter return to profit of $78,372
• Annual Revenue increases 15% to $4.4 million
• Gross margin increases 33% to $2.0 million
• Annual Net Loss improves 52% to ($588,415)

Vancouver, B.C. (May 1, 2009), VRX Worldwide Inc. (TSX-V:VRW) today reported results for the three months and fiscal year ended December 31, 2008.

Revenue for the fourth quarter of fiscal 2008 was $1.47 million, up 61% from $0.91 million in the previous quarter and up 36% from $1.08 million in the same quarter of the previous year. The revenue breakdown for the quarter was approximately 34% licensing and 66% services. Revenue for the fiscal year ended December 31, 2008 was $4.4 million, up 15% from $3.8 million last year.

"We are very pleased to report our return to profitability in the fourth quarter of 2008. Our primary focus throughout 2008 was to grow revenues while reducing operating expenses,” commented David MacLaren, President and CEO of VRX. “To this end, we were very successful as we were able to limit expense growth to 1% while increasing revenue by 15%. These efforts directly affected our bottom line by reducing our net loss over the previous year by 52%. Looking ahead, we will continue to focus on revenue growth and expense control."

Net income for the fourth quarter was $78,372, or $0.02 per share diluted, compared with a net loss of $222,950, or $0.01 per share diluted, in the prior quarter and a net loss of $250,758, or $0.01 per share diluted, in the same quarter last year. For the fiscal year 2008, net loss was $588,415, or $0.02 per share diluted, up 52% over the net loss of $1,237,246 in fiscal 2007.

As of December 31, 2008, the Company had a net current monetary liability position of $479,901 as compared to a net current asset position of $573,909 at December 31, 2007. The decrease in the net current monetary position of $1,053,810 was caused primarily by a reclassification of the balance owing on the Sabre convertible debenture ($670,285) from a long term liability to a short term liability due to its maturity in 2009. Excluding this reclassification the Company would have had a net current monetary asset position of $190,384 at December 31, 2008.

As previously reported, VRX and Sabre have mutually agreed to extend the amended maturity date from May 1, 2009 to May 29, 2009. The extension is being agreed to allow both parties to finalize an amicable settlement for the maturity of this debenture. As of today, the outstanding balance of the loan is $590,224.

Summary of Quarterly Results (Unaudited)

Selected Annual Results (Audited)

The full financial statements and the related MD&A are now available on the Company’s website, www.vrxworldwide.com and on SEDAR at www.sedar.com.