Verb Exchange Inc. (TSX VENTURE:VEI) -

Key Highlights

- Funding to provide working capital for JV agreement to increase revenues and margins

- JV agreement is to provide new routes to some of North America's largest telecommunications carriers

- Funding provided by management and insiders

Verb Exchange Inc. (TSX VENTURE:VEI) (the "Company") announces that it has agreed to issue convertible debentures in the amount of US$150,000 to fund expansion of its telecommunications subsidiary, Eurotel.

"These funds will be utilized to allow Eurotel access to certain specific termination routes that will yield higher margins," said Craig Goldenberger, CEO of Verb and President of Eurotel. "We are forming a Joint Venture Agreement on certain high value, high capacity routes with a New York based telecommunications company. This funding will provide us with the working capital required to operate effectively with some of North America's largest carriers. By providing these larger entities with stable, reliable routes we gain access to their routing tables for our entire telecommunications offering, allowing us to increase volumes and expand our margins. Upon successful execution of this current arrangement we will pursue expansion of this facility and new Joint Venture Agreements with other route owners."

Verb's Eurotel subsidiary has increased revenues from an annual total of $25.6 million in 2008, to monthly revenues of $5.4 million in August ($22 million year to date). The secured debentures have a twelve month term and will bear interest at 15% per annum. The debentures are convertible into units of Verb at $0.10 per unit, at the option of the holder. Each unit will consist of one common share and one half of one warrant, with each whole unit being exercisable at $0.15 per share for an 18 month period.

One hundred percent of this funding is being provided by Craig Goldenberger, Verb's CEO, and Jeff Durno, Verb's Chairman. Noted Durno, "the Company's senior executives feel very confident in our ability to continue to expand our carrier services division and we are happy to put our money where our mouth is relative to supporting the Company's ability to execute on this initiative."

The proposed debenture remains subject to the approval of the TSX Venture Exchange.

ABOUT VERB EXCHANGE:

Verb Exchange (TSX VENTURE:VEI) is a digital communications and media company delivering high quality, low-cost, talk and text around the world. Through its two wholly owned subsidiaries, Eurotel and Tabrio, the Company services tens of millions minutes of calling connections each month and provides voice over IP connectivity to various telecommunication companies worldwide.

For more information please visit: www.verbx.com and www.tabrio.com.

Copyright(C) 2009 - Verb Exchange Inc. All rights reserved. All literary references to articles, statistics, and products or services are properties or registered trademarks of their respective owners. No endorsements from such references have been made whether expressed or implied.

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.

SOURCE: Verb Exchange Inc.