NEW YORK – InternetArray, Inc., (OTC: INAR), announced, in response to shareholder and media inquiries, that it continues to actively seek new acquisition opportunities to integrate into the Company’s strategic development operations. To date, InternetArray has made two acquisitions; Noobis, Inc., a dynamic Social Media applications development company and BidSellBuy.Com, an on-line auction and web-based shopping network. In both cases, these companies fit the InternetArray investment criteria as innovative, early stage Internet companies with proven revenue generating business models.
Noobis, Inc. has continued to expand its Social Media offerings with eight released applications announced in the last several months, including Amplify and SocialVoter.com. BidSellBuy.Com’s (www.bidsellbuy.com) Web site is now under re-development and is scheduled for release in late summer 2009 to target revenue opportunities generated through social network marketing.
About InternetArray, Inc. (www.internetarray.com)
InternetArray, Inc. provides guidance and investment for innovative, early stage Internet companies. The Company’s mission is to identify and develop collaborative business partners into viable and profitable companies.
About Noobis, Inc. (www.noobis.com)
Noobis, Inc. develops and integrates social media applications and networks. In addition to building its own Internet assets and technologies, Noobis works with clients and partners to leverage the emerging social media marketplace.
This press release may contain certain statements that are not descriptions of historical information, but are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Exchange Act of 1934. These forward-looking statements refer to matters that involve risks and uncertainties. Such statements reflect management’s current views and are based on certain assumptions. Actual results could differ materially from the assumptions currently anticipated.
