VRX Worldwide Inc.
TSX VENTURE : VRW

VRX Worldwide Inc.

March 14, 2011 19:11 ET

VRX Worldwide Announces Grant of Options

VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 14, 2011) - VRX Worldwide Inc. (TSX VENTURE:VRW) announced today that it has issued 400,000 stock options to certain directors and management of the Company. The stock options are being offered in conformance with TSX Venture Exchange regulations as incentive compensation, have a term of five years and an exercise price of $0.10 per share. 

Following the issuance of these options, VRX has 3,435,000 incentive stock options outstanding. As approved at the Company's last Annual General Meeting, held on June 16, 2011, the Company's Stock Option Plan allows the Board to issue the equivalent of up to 10% of the issued and outstanding share capital of the Company on a rolling basis.

About VRX Worldwide Inc.

VRX Worldwide is the world's leading provider of content production, management and licensing services to the global travel and hospitality industries. Through its wholly owned subsidiary, VRX Studios Inc., VRX offers a comprehensive suite of products, covering Architectural, Destination, Food and Beverage and Lifestyle Photography along with Content Management, Distribution, and Licensing services. To find out more about VRX Studios, its products and services, visit www.vrxstudios.com and www.mediavalet.co.

VRX Worldwide Inc. (TSX VENTURE:VRW) is listed on the TSX Venture Exchange. To find out more, visit www.vrxworldwide.com.

VRX Worldwide Inc.

David MacLaren, President and CEO

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.

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