VRX Worldwide Reports 2013 Second Quarter Results

VRX Worldwide Inc. (TSX VENTURE:VRW), a global provider of photography, content
hosting, distribution, licensing, and cloud-based digital asset management
services, is pleased to report it's second quarter results for 2013.




Summary of Quarterly Results (Unaudited)                                    
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                    2013 Q2     2013 Q1      2012 Q4     2012 Q3    2012 Q2 
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Total revenue     $ 915,841   $ 732,529    $ 875,553   $ 923,788  $ 780,772 
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Gross profit      $ 457,887   $ 391,695    $ 497,568   $ 485,915  $ 428,796 
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EBITDA             $ 59,495    $ 17,201    $ 131,593   $ 156,258   $ 53,586 
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Net income        $ (58,978)  $ (78,120)    $ 53,335    $ 56,188   $ (8,658)
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Earnings per                                                                
 share             $ (0.002)   $ (0.002)     $ 0.002     $ 0.002   $ (0.000)
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Total assets    $ 1,725,068 $ 1,748,497  $ 1,618,141 $ 1,476,084$ 1,266,843 
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Total revenue for the second quarter of 2013 increased 17% ($135,069) over the
second quarter of 2012. The year over year increase in quarterly revenue is due
to a significant improvement in Service Revenue of 30% ($154,338), which was
partially offset by a slight decrease in Licensing Revenue of 7% ($19,269).


"During the second quarter of 2013, we successfully restructured and renewed a
$250,000 convertible debenture for another three year term. The restructuring
keeps our operations moving forward as the demand for our services starts to
return to normal," commented David MacLaren, President and CEO of VRX Worldwide.
"On the digital asset management front, MediaValet grew its market share in
Healthcare and Tourism, and entered new markets including Agriculture, Public
Utilities and Professional Services." 


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., 

per David MacLaren, 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." 


FOR FURTHER INFORMATION PLEASE CONTACT: 
VRX Worldwide Inc.
Investor & Public Relations
888.605.0059
info@vrxworldwide.com

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