VRX Virtual Universe Corp

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VRX Worldwide Inc. ("VRX") (TSX VENTURE:VRW) is pleased to announce that,
subject to regulatory approval, VRX and Silver Heights Capital Management Inc.
("Silver Heights") have agreed to rollover the principal amount of the
previously outstanding debenture in favour of Silver Heights in the amount of
$250,000 into a new debenture (the "New Debenture"). The New Debenture will have
an 36-month term, be convertible into common shares of VRX at a price equal to
the greater of $0.25 per share and a 25% discount to market price of the common
shares which is calculated as the average of the closing price of the shares on
the TSX Venture Exchange for the 10 days immediately preceding the conversion
date, provided that at no time shall such price exceed $0.65 per share, subject
to adjustment as provided therein. The New Debenture will bear interest at 12%
per annum calculated and paid quarterly. The New Debenture will contain
provisions that will allow VRX to force conversion, provided the common share
price of VRX has achieved a 10 day average closing price on the TSX Venture
Exchange greater than $0.65 per common share or in an event of a change of
control of VRX. The New Debenture will also be fully redeemable by VRX at any
time during the term. Closing of the transaction involving the roll-over of the
previously outstanding debenture in favour of Silver Heights to the New
Debenture is expected shortly after confirmation of conditional approval from
the TSX Venture Exchange.


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 www.vrxstudios.com.


VRX Worldwide Inc.

David MacLaren, CEO

ADVISORY: This press release contains certain forward-looking information and
statements within the meaning of applicable securities laws. The use of any of
the words "expect", "anticipate", "continue", "estimate", "may", "will",
"project", "should", "believe", "plans", "intends" and similar expressions are
intended to identify forward-looking information or statements. In particular,
but without limiting the forgoing, this press release contains statements
concerning the anticipated closing date. Although VRX believes that the
expectations reflected in these forward looking statements are reasonable, undue
reliance should not be placed on them because VRX can give no assurance that
they will prove to be correct. Since forward looking statements address future
events and conditions, by their very nature they involve inherent risks and
uncertainties. The closing of the roll-over of the previously outstanding
debenture in favour of Silver Heights to the New Debenture could be delayed if
VRX is not able to obtain the necessary regulatory and stock exchange approvals
on the timelines it has planned. The roll-over of the previously outstanding
debenture in favour of Silver Heights to the New Debenture will not be completed
at all if these approvals are not obtained or some other condition to the
closing is not satisfied. Accordingly, there is a risk that the offering will
not be completed within the anticipated time or at all. The forward looking
statements contained in this press release are made as of the date hereof and
VRX undertakes no obligations to update publicly or revise any forward looking
statements or information, whether as a result of new information, future events
or otherwise, unless so required by applicable securities laws.

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