Verb Exchange Inc.

TSX VENTURE: VEI

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 20, 2008) - Verb Exchange Inc. (TSX VENTURE:VEI) -

Announcement Highlights

- Tabrio Text-To-Call works with all major mobile brands

- North American mobile users can now text-to-call for long distance calling

- No mobile data plan, WAP browser, downloading or software required

Verb Exchange Inc. is pleased to announce their entrance into the mobile media space with the release of Tabrio Mobile Beta. The new short-text message feature allows North American mobile users to initiate Tabrio calls and texts easily from their mobile phone using text messages.

What It Means / Why It Matters:

Mobile media and advertising is among the most lucrative markets emerging in the digital media space. There are more than 2 billion mobile phone users in the world at present. More than 6 billion text messages are sent and received globally each day, making it among the most widely used communications tools in the world. There are more than 225 million mobile phones active in North America this year. Consider the impact of the iPhone alone, with more than 10 million units sold last year and an estimated sale of almost 15 million units in North America expected in 2008.

Tabrio Mobile was released in response to an increasing demographic of users who don't want expensive mobile data plans or are without access to high-speed or DSL internet. Anyone can initiate long distance calls from their Tabrio account using the Text-To-Call/SMS feature. Users can initiate calls without a mobile data plan or mobile WAP browser making it the perfect feature for initiating quick calls or sending global text messages on-the-go.

"This new feature is relevant because mobile users want cheaper rates without an expensive data plan. Why pay expensive long distance rates charged by traditional carriers ever again? Tabrio offers the same high quality connections for a fraction of the price," said Craig Goldenberger, CEO Verb Exchange Inc.

To use Tabrio Mobile, visit www.tabrio.com and follow the simple instructions to begin calling. New users receive a $5 US dollar credit, the equivalent of approximately 100 international minutes or text messages.

Instructions to initiate a mobile text-to-call are available at www.tabrio.com/mobile

ABOUT TABRIO

Tabrio provides ultra cheap, crystal-clear international calling, text messaging and contact management from any computer, landline or mobile phone. For more information please visit: www.tabrio.com.

ABOUT VERB EXCHANGE INC.

Verb Exchange Inc. (TSX VENTURE:VEI) is redefining mobile and online digital communications. Global users get our low cost high-quality communications platforms on their desktop, web and mobile phones. In 2007, Verb Exchange was recognized as Canada's #1 technology company by Backbone Magazine, and by Business In Vancouver as first on its list of the 'Top 100 Fastest Growing Companies in BC'. For more information, see: http://www.verbx.com

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.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release.

For more information, please contact

Verb Exchange Inc.
Mr. Craig Goldenberger
CEO
(604) 684-4105
Email: craig@verbx.com
Website: www.verbx.com

or

Verb Exchange Inc.
Arlen Hansen
Investor Relations Contact
1-866-568-9528
Email: arlen@kincommunications.com