Verb Exchange Tabrio Application Scheduled for Demo at Adobe on AIR European Tour
Vancouver, BC, Canada – June 2, 2008 – Verb Exchange, Inc. (TSX:V‐VEI) a leader in digital media, today announced that Tabrio development partners, Nitobi, will present Tabrio as a featured application at this year's Adobe on AIR European Tour.
Tabrio is a personal communication service that makes it easy and affordable to stay in touch with anyone, anywhere, on any device. People everywhere can make high quality, low‐cost long distance calls from their mobile, landline or PC, and send global text messages at greatly reduced rates.
Nitobi, renowned for their expertise in Adobe development technologies, will feature the Tabrio desktop application during Adobe on AIR, an 11‐city train tour through Europe where attendees learn how to bring web applications to their desktops using the Adobe AIR software. Tabrio will be featured in Stockholm, Berlin, Warsaw, Prague, Munich and Milan.
"We're very proud of the Tabrio application and look forward to sharing it with the European development community," said Andre Charland, co‐founder and CEO, Nitobi. "The functionality and usability are perfect examples of what's possible using Adobe AIR."
"Tabrio represents a breakthrough for users and developers alike," said Aron Buchman, President, Verb Exchange. "Its inclusion in the Adobe tour showcases excellence both in personal communication and technological achievement."
Also today, Verb Exchange announced the appointment of Christine Kovacs to the position of Director, Operations. Christine arrives just in time for the anticipated launch of the Tabrio desktop application in May, 2008. Christine brings over 15 years of experience in high tech product management. She has launched, portfolio managed and lifecycle managed 12 wireless and online products, and managed application services industry segments in telecom and media companies including TELUS and Xerox. Most recently, Christine oversaw six leading mobile brands, delivering voiceenabled services for social networking and entertainment brands across North America.
"We're thrilled to have Christine on board," said Aron Buchman, President, Verb Exchange. "Her impressive range of talent and experiences in the digital media space has been on our radar since Q1, and will be a significant asset to the team as we prepare for Tabrio's commercial release."
About Tabrio
Tabrio is a personal communications service developed by Tabrio Communications, Inc. a wholly‐owned subsidiary of Verb Exchange, Inc. Tabrio provides global users with low cost, crystal clear long distance calling, two‐way text messaging and easy contact management. Tabrio runs on existing equipment, and does not require a special phone or headset. Every user receives a $5 US credit following account creation, and pays only for the minutes they use. For advertisers, proprietary advertising and analytics technologies ensure precisely targeted campaigns to Tabrio users based on detailed geographic, demographic and psychographic profiles. For more information and to download Tabrio visit www.tabrio.com.
About Verb Exchange
Verb Exchange (TSX‐V:VEI) is defining the next generation of mobile and online communications for consumers and advertisers. A leading digital media company, Verb Exchange delivers international connectivity with its telecom‐grade carrier services, and is revolutionizing global communication with the introduction of Tabrio, a personal communication service for low cost, high quality long distance voice calling and text messaging. Proprietary advertising and analytics platform ensures precisely targeted campaigns to Tabrio users based on detailed geographic, demographic and psychographic profiles.
In 2007, Verb Exchange was recognized as Canada's #1 technology company by Backbone Magazine, and by BIV Magazine as first on its list of Top 100 Fastest Growing Companies in BC. For more information, see www.verbx.com.
About Adobe AIR
Adobe AIR is a cross‐operating system runtime that enables web developers to use their existing web development skills, code and tools to build and deploy rich web applications and content to the desktop. Adobe AIR has a rich set of features, with support for building applications using HTML, JavaScript, Flex and Flash.
About Nitobi
Nitobi Inc. has been creating web‐based software components and enterprise solutions for customers around the globe since 1997. Customers include Bank of America, Time Warner, KBR and NASA. Nitobi is an active member of the OpenAjax Alliance and the author of Enterprise Ajax, published in 2007 by Prentice Hall PTR. For more information, see www.nitobi.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.
Investor Relations Contact
Arlen Hansen
+1 866.568.9528
arlen@kincommunications.com
Press/Analyst Contact
Christopher I. Bennett
Manager, PR and Corporate Communications
Verb Exchange, Inc.
+1 866.824.2273
christopher@verbx.com
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