VRX Worldwide Inc.
TSX VENTURE : VRW

VRX Worldwide Inc.

March 02, 2009 18:12 ET

VRX and Sabre Agree to Extend Debenture Maturity Date

VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 2, 2009) - VRX Worldwide Inc. (TSX VENTURE:VRW) reports that VRX and Sabre have mutually agreed to further extend the maturity date of the convertible debenture that was entered into on January 30, 2006 with Sabre, Inc. and initially extended to March 2, 2009 from January 31, 2009, to May 1, 2009.

This further 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 approximately $650,000.

About VRX

VRX Studios Inc., a wholly owned subsidiary of VRX Worldwide Inc. (TSX VENTURE:VRW) (www.vrxworldwide.com), is the world leader in producing, distributing and licensing high quality, rich media content that educates, inspires, and compels online travel consumers. Many of today's leading travel brands rely on VRX's stunning hotel, cruise and destination content to attract and engage millions of consumers each month. To find out more about VRX Studios, its products and services, visit ww.vrxstudios.com.

VRX Worldwide Inc.

David MacLaren, CEO

U.S. 12g#82-4669

"Neither the 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."

Contact Information