Verb Exchange Inc.

Verb Exchange Inc.

May 14, 2009 09:36 ET

Verb Exchange Announces New President of Tabrio

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 14, 2009) - Verb Exchange Inc. (TSX VENTURE:VEI) announces the appointment of Anthony Alda as President of its wholly owned subsidiary, Tabrio Communications Inc. Tabrio™ is the Company's flagship digital talk and text consumer application.

Mr. Alda comes to Verb from Digital Concepts3 (DC3), a business and technology development firm that focuses on the architecture and development of sophisticated software applications related to digital communications, ecommerce, and social media networks. Mr. Alda has over 10 years of extensive digital media, software architecture and product commercialization experience. He has acted in various executive and chief architectural roles and has led international development teams in pioneering numerous patent pending Web 2.0 applications in the areas of new media, video distribution, data encryption and multi-media collaboration. He has participated in software and research innovation projects with some of the most renowned software companies and multi-media studios in the industry.

"We've been working with Anthony and his team from DC3 for about three months now, when they were originally engaged to assist our technology team in developing the next suite of Tabrio™ online and mobile based products, Tabrio™ Business Services, and to assist in the launch and growth of its commercial strategies," commented Craig Goldenberger, Verb's CEO. "Anthony immediately grasped the breadth and reach of the product and took the project on as his own. We are very pleased that Anthony has decided to join the Company fulltime and we look forward to having him lead our team as we concentrate on the global expansion of the Tabrio™ product suite."

The Company also announces that Aron Buchman has resigned from the position of President of the Company and has accepted a position on the Company's Advisory Board. The Company thanks Mr. Buchman for his contributions as President and looks forward to his continuing involvement through the Advisory Board.

The Company also announces that it has granted stock options to certain directors, officers and consultants of the Company to acquire a total of 1,000,000 common shares of the Company at a price of $0.10 per common share. The options are being granted under the Company's stock option plan and have terms between two and five years.


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 has three distinct revenue streams:

1) Sales of digital communications to major telecom providers (Eurotel);

2) Retail sales of Tabrio™ talk and text;

3) Highly Targeted Online, Desktop and Mobile Advertising through Tabrio™

Eurotel's global network infrastructure and cash flow compliments our rapidly growing Tabrio™ subscriber base. Tabrio™ is a high quality, low-cost talk and text application that works from any desktop, web browser or mobile phone with ease. Tabrio™ generates revenue through talk and text sales, coupled with permission-based marketing. The complementary service offerings of Eurotel and Tabrio™ position the Company to build a valuable subscriber base in the rapidly expanding digital and mobile advertising industry.

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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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