VRW

VRX Worldwide Inc. (TSX VENTURE:VRW), a global provider of photography, content
hosting, distribution and licensing, and cloud-based digital asset management
services, is pleased to report it's third quarter results for 2012. 




Summary of Quarterly Results (Unaudited)                                    
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                     2012 Q3    2012 Q2     2012 Q1     2011 Q4     2011 Q3 
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Total revenue     $  923,788 $  780,772  $  633,659  $  682,426  $  803,124 
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Gross profit      $  485,915 $  428,796  $  370,958  $  326,538  $  353,381 
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EBITDA            $  156,258 $   53,586  $   (6,884) $ (147,374) $ (113,280)
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Net income        $   56,188 $   (8,658) $  (87,808) $ (241,968) $ (134,108)
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Earnings per                                                                
 share            $    0.002 $   (0.000) $   (0.003) $   (0.007) $   (0.004)
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Total assets      $1,476,084 $1,266,843  $1,125,440  $1,107,431  $1,364,336 
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Total revenue for the third quarter of 2012 increased 18% ($143,016) from the
second quarter of 2012 and 15% ($120,664) over the third quarter of 2011. This
increase in revenue, month over month and year over year, is due to many of
VRX's existing hotel clients increasing their marketing budgets in Q3 and new
revenue from new customers signed in 2012.


"Over the past two years, the growth of our customer base has slowed and our
existing customers have constrained their marketing budgets," commented David
MacLaren, President and CEO of VRX Worldwide. "In Q3, we finally saw the end to
this slowdown and constraint. As we've seen many times since VRX was founded in
2000, our uncompromising commitment to quality, consistency and customer service
continues to see us through tough economic times and drive the growth of our
customer base." 


"On the MediaValet front, we released version 2.0 in October and have seen a
great response from our customers and target markets. Today, we have customers
around the world, in various industries, including manufacturing, natural
resources, technology, advertising, travel & tourism, transportation,
hospitality, retail and real estate. Amongst the new clients we've landed since
the launch of 2.0, is our first airline and our first healthcare organization"
continued MacLaren. 


The full financial statements and related MD&A are now available on the
Company's website (www.vrxworldwide.com) and on SEDAR (www.sedar.com).


ABOUT VRX Worldwide Inc. 

Through a decade of growth, innovation and an unwavering commitment to quality,
consistency and customer service, VRX Worldwide is one of the world's leading
providers of content production, management, distribution and licensing
services. To find out more about VRX Worldwide, its products and services, visit
www.vrxworldwide.com, www.vrxstudios.com and www.mediavalet.co. VRX Studios
Inc., is a wholly owned subsidiary of VRX Worldwide Inc. (TSX VENTURE:VRW).


VRX Worldwide Inc. 

David MacLaren, CEO 

FOR FURTHER INFORMATION PLEASE CONTACT: 
VRX Worldwide Inc.
David MacLaren
CEO
888.605.0059
info@vrxworldwide.com
www.vrxworldwide.com

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