| Virtual Universe Corporation grants stock options to directors and employees
CALGARY, April 11 /CNW/ - Virtual Universe Corporation (CDNX: VRX) today announced the Company will issue stock options, consisting of 577,642 shares, to directors and employees. The price set for the option shares is $0.40.
Virtual Universe has developed proprietary technology, called Virtual Talker(TM), that allows multiple participants to simultaneously interact through real-time verbal and visual conversations online. A demo of the Virtual Talker(TM) technology is available at www.vu.com.
Virtual Universe is focused on becoming a leader in Internet Voice Communications Technology that enables participants to communicate more effectively in online (Internet IP) environments. The Company was formed in 1991 as an Alberta corporation. It became a publicly traded entity in 1994. It currently trades on the Canadian Venture Exchange (CDNX: VRX).
The Canadian Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
For further information: Lorn Becker, President, Virtual Universe Corporation, 416-642-6384
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