Verb Exchange Inc.

Verb Exchange Inc.

September 22, 2009 09:25 ET

Verb Raises $420,000 on Exercise Warrants & Options

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 22, 2009) - Verb Exchange Inc. (TSX VENTURE:VEI) (the "Company") announces that pursuant to the warrant amendment announced on August 24, 2009, the Company has raised $420,000 on the exercise of 3,700,000 warrants and 500,000 stock options, each at an exercise price of $0.10 per common share.

"We are very pleased that our shareholders continue to show confidence in our ability to execute on our business plan," said Craig Goldenberger, CEO of Verb. "These funds will be utilized to accelerate the marketing efforts and further the success of Tabrio(TM), our high quality, low-cost talk and text consumer application, and Tabrio(TM) Connect, our powerful Click to Call application designed for business professionals and enterprises of all sizes."


Verb Exchange (TSX VENTURE:VEI) is a digital communications and media company delivering high quality, low-cost, talk and text around the world. Through its two wholly owned subsidiaries, Eurotel and Tabrio, the Company services tens of millions minutes of calling connections each month and provides voice over IP connectivity to various telecommunication companies worldwide.

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Copyright (C)2009 – Verb Exchange Inc. All rights reserved. All literary references to articles, statistics, and products or services are properties or registered trademarks of their respective owners. No endorsements from such references have been made whether expressed or implied.

Statements included in this announcement, including statements concerning our plans, intentions and expectations, which are not historical in nature are intended to be, and are hereby identified as, "forward‐looking statements" for purposes of the safe harbor provided by Section 21E of the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Forward‐looking statements may be identified by words including "anticipates", "believes", "intends", "estimates", "expects" and similar expressions. The company cautions readers that forward‐looking statements, including without limitation those relating to the Company's future operations and business prospects, are subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated in the forward‐looking statements.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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