VRX Reports 2009 First Quarter Results

• Profit trend continues, increasing 208% over Q4’08 to $241,107
• Revenue increases 50% over Q1’08 to $1.46 million
• Gross margin increases 116% over Q1’08 to $889,361
• EBITDA increases 45% over Q1/08 to $329,546

Vancouver, B.C. (May 30, 2009), VRX Worldwide Inc. (TSX-V:VRW) today reported results for the three months ended March 31, 2009.

Net income for the first quarter was $241,107, or $0.007 per share diluted, a sequential increase of 208% ($162,735) over the prior quarter and a 293% ($501,213) increase over Q1’08.

Revenue for the first quarter of fiscal 2009 was $1.46 million, down slightly from $1.47 million in the previous quarter and up 50% from $0.98 million in the same quarter of the previous year. The revenue breakdown for the quarter was approximately 36% licensing and 64% services. Compared to the same quarter last year, licensing and service revenue increased 22% and 71%, respectively.

"Since being founded, VRX’s core strength has been our ability to produce the highest quality visual content at a scale and consistency that no other company can match. Staying true to this competitive advantage and striving to reduce both operating and variable expenses has dramatically increased our top and bottom line over the past eighteen months,” commented David MacLaren, President and CEO of VRX. “We’re extremely proud to have achieved our second consecutive quarterly profit in such a tough economic environment. We believe our ongoing efforts to leverage our core strengths, increase productivity and reduce costs will enable us to emerge from these challenging times stronger and better positioned for the future."

As of March 31, 2009, the Company had a net current monetary liability position of $372,804 as compared to $479,901 at December 31, 2008. This 22% ($107,097) improvement is due to the net profit generated from operations in the first quarter. Current monetary items include cash, accounts receivable, accounts payable and the current portion of convertible debentures.

Summary of Quarterly Results (Unaudited)

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.