TMX group

<<
-  Record Quarterly Revenues
-  Q3 Service Revenue up 164% over Q3'05
-  Q3 Licensing Revenue up 49% over Q3'05
>>

VANCOUVER, Nov. 27 /CNW/ - VRX Worldwide Inc. (TSX.V:VRW) today reported
a 141% increase in total revenue for the third quarter ending September 30,
2006 (Q3 2006) over the same quarter last year ending September 30, 2005. This
is the largest revenue generating quarter to date for VRX, with over $1.5
million dollars in total revenue.

<<
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                                  %                      %           %
                  Nine        Increase      3rd      Increase    Increase
                  Months      vs. Nine    Quarter     vs. 3rd     vs. 2nd
                  Ended        Months      Ended      Quarter     Quarter
                Sep 30/6       Ending     Sep 30/6      Sep         Jun
               (Million $)    Sep 30/5   (Million $)    30/5        30/6
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Licensing Fees    $0.59        41.9%       $0.19        48.7%     -14.8%
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Service Fees      $2.58       189.7%       $1.33       164.4%      26.6%
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Total Revenue     $3.17       142.5%       $1.52       141.0%      19.4%
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>>

VRX's custom services agreement with Wyndham Worldwide Corp. (formerly
the Cendant Hotel Group) has been a strong driver behind the growth in the
Company's Service Fees in Q3 2006. As of September 30, 2006 VRX had shot 2,819
hotels for Wyndham in 2006, representing approximately 69% of the Wyndham
hotels covered by phase three of VRX's Agreement with Wyndham.
Licensing revenue was modestly lower in Q3 06 as compared with Q2 06 due
to approximately $30,000 in extraordinary revenue being recorded in the second
quarter. On a normalized basis, Licensing revenue increased in the third
quarter.

Expenses

In each of the first three quarters in 2006, expenses increased over
those of the same periods in 2005. During the first two quarters of 2006
revenue increased markedly more than expenses. In the third quarter, revenue
and expense growth was closer to parity. For the nine-month period ending
September 30, 2006, expenses increased to $4.25 million, a 50.7% increase over
the same period in 2005 compared with an increase in revenue of roughly 143%.
For the third quarter of 2006, expenses increased to $1.80 million, up 52%
over the third quarter of 2005 compared to an increase in revenue of 141%. It
is important to note that VRX's Custom Services department generated an
operating profit that was utilized to defray some of the expenses associated
with growing VRX's Hotel Archive.
Accounts showing a material change from the comparable nine-month period
in 2005 include: Photographer and production fees which increased $559,000
($2,203,837 vs. $1,644,974) due to increased production activity; General and
administrative costs which increased $306,000 ($1,253,842 vs. $947,816) due to
increased support activities related to ongoing service work; Investor
relations expense which increased $36,000 ($105,711 vs. $69,704) due to a now
expired agreement with Renmark Financial Communications; Interest expense
which increased $92,000 ($96,335 vs. $4,315) due to costs associated with
convertible debenture financings and other debt obligations; and Stock-based
compensation which decreased $41,000 ($22,804 vs. $64,004) as some previously
granted options were fully amortized, and certain options expired before
maturity.

<<
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                         Three Months Ended           Nine Months Ended
                               Sep. 30                     Sep. 30
                         2006          2005           2006         2005

Licensing Revenue    $  189,295   $ 127,277    $   592,836  $   417,785
Service Fees          1,327,995     502,388      2,580,526      890,885
                      ---------     -------      ---------      -------
Total Revenue         1,517,290     629,615      3,173,362    1,308,670
EBITA                  (234,925)   (493,487)      (890,714)  (1,807,608)
Net Loss               (358,187)   (567,869)    (1,142,169)  (1,859,299)
Earnings(loss)/share $    (0.01)  $   (0.02)   $     (0.03) $     (0.06)
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Net Income (Loss)

On a year-over-year basis, the Company's net loss was approximately 60% of
the prior years. The continued losses are a result of the company's continued
focus on its Hotel Program as a means to increase future Licensing Revenues.

Balance Sheet Items

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                                        Sept. 30,           December 31,
                                          2006                  2005
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Current assets                       $ 1,112,127             $   847,219
Property Plant & Equipment               315,982                 326,197
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                                     $ 1,428,109             $ 1,173,416
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Accounts payable & accrued
 liabilities                         $   381,026             $   264,137
Deferred revenue                         462,940                 177,556
Due to related parties                        -                  250,000
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Current liabilities                      843,966                 691,693

Liability component of
 convertible debenture                   786,606                 439,915
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                                       1,630,572               1,131,608
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Shareholder's equity                    (202,463)                 41,808
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                                     $ 1,428,109             $ 1,173,416
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>>

Balance sheet items of note include an increase in working capital to
$268,000 at September 30, 2006 up from $156,000 at December 31, 2005, but
$290,000 below the second quarter level. Accounts receivable of $440,000 was a
significant component of current assets at September 30, 2006 the majority of
which will be collected in the fourth quarter. A significant component of the
current liabilities related to deferred revenue. Of the deferred revenue over
$200,000 relates to work in progress that will be delivered and recognized as
revenue prior to year end.

Outlook

Based upon the accomplishments achieved by the company in the first nine
months of 2006, management continues to believe Licensing Revenues for the
year will approach the record levels achieved in 2004. As noted in previous
announcements, Licensing Revenue achieved in 2004 was derived primarily of
content management fees from a former custom services client at a time of more
favorable exchange rates, whereas current Licensing Revenue is derived from
multiple licensing clients under a weaker US dollar. Service work is forecast
to maintain record production levels with approximately 500 Wyndham hotels
covered by the current phase of the agreement to be delivered in the first
half of 2007. The Company is in discussions with Wyndham regarding the fourth
phase of the project for completion in 2007 and 2008. With Licensing Revenues
continuing to grow month-over-month and service work expected to maintain at
record production levels for the fourth quarter, management now expects 2006
aggregate revenue will reach approximately $5.0 million.
Operating expenses, primarily photographer and production fees are
expected to increase proportionately with the number of hotels shot and
processed, whereas general and administrative and sales and marketing expenses
are forecast to only increase slightly as the support infrastructure is
largely in place. It is important to note that the Company's Custom Services
division continues to generate an operating profit that is offset by an
operating loss by the Content Licensing division as a result of the Company
continuing to invest in its Hotel Archive.
"We are pleased with our continued revenue growth as the third quarter of
2006 was our best revenue quarter ever," commented Robert McMorran, Chief
Financial Officer of VRX. "With two of the top three online travel agencies
having licensed and now integrated our hotel content into their websites, we
look forward to watching our licensing revenue continue to grow, helping our
fourth quarter exceed the success of our third."

Detailed Financial Statements

Complete audited financial statements and the related MD&A will be
available on the Company's website at www.vrxworldwide.com and at SEDAR at
www.sedar.com

About VRX

VRX Studios, a wholly owned subsidiary of VRX Worldwide Inc.
(www.vrxworldwide.com ), is the world leader in producing and syndicating high
quality, web-ready visual content that educates, inspires, and compels online
travel consumers. Leading travel brands such as Carnival, Hyatt, Travelocity,
Lastminute, Southwest Vacations, Orbitz, and many others rely on VRX's
stunning visual content to attract and engage consumers. Each month, millions
of people interact with VRX's Hotel, Cruise, and Destination Content in their
search for their perfect vacation. To find out more about VRX Studios, its
products and services, visit www.vrxstudios.com .

VRX Worldwide Inc.
per "Robert G. McMorran"

Robert G. McMorran, CFO

The TSX Venture Exchange has not reviewed this release and does not
accept responsibility for the accuracy or adequacy of its contents