VERB EXCHANGE Q1 2006 REVENUE EXCEEDS $3 MILLION

Vancouver, B.C. – April 10, 2006 – Verb Exchange Inc. (“Verb”) (TSX-V: VEI) is pleased to announce that increasing sales contributions from all of its service offerings have resulted in Q1 2006 revenues in excess of $3 million, compared to less than $300,000 in the same quarter of the previous year.

The Company is also pleased to report that the market acceptance of our VoIP-based products and services is attracting new potential selling agents and distribution channels, both locally in North America and internationally in a number of different countries. The Company expects to start increasing its distribution network during the current quarter.

The Company’s full suite of VoIP-based products and services, targeted at the Small to Medium Enterprise (SME) and elite individual users, differentiates Verb in the market and the continuing development of our services enhances the Company’s ability to retain existing subscribers and attract new ones. With a highly scalable subscriber service in place, the Company is now educating the financial community on the value proposition that is inherent in what Verb has developed, with the objective of securing new growth capital.

The Company also announces that Richard Wilson has resigned from the board of directors of the Company, due to his increased workload as the newly appointed Chairman of Cardinal Communications. The Company wishes to extend its deep gratitude to Mr. Wilson for his contribution to the board.

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.
For further information:
Contact: Scott Ackerman, Director at 1-866-824-8938 (Telephone and Fax)
www.verbx.com
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