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InternetArray Provides Strategic Update — Company Expands Focus on Social Media Market
InternetArray, Inc., (Other OTC:INAR.PK), is pleased to provide this strategic update charting the company’s progress since its launch in October 2008. InternetArray’s initial transaction was the acquisition of a significant interest in Noobis, Inc., a dynamic Social Media applications development company.
Noobis, Inc., now the center of our corporate building strategy, has continued to expand its Social Media offerings with several released applications utilized by MySpace and Facebook users and two stand-alone social media web-based projects, Amplify and SocialVoter.com. Amplify, in partnership with HungerHunt.com, set a fundraising record for the Buffalo City Mission in its “Feed the Hungry” campaign and was a finalist for the “Best Online” Beta awards conducted by InfoTech Niagara in March 2009. More detailed information on each of the Noobis applications and projects are viewable at www.noobis.com.
InternetArray has continued to augment the Noobis presence in the Social Media market by seeking additional product and company acquisitions, and last month acquired BidSellBuy.com, an on-line auction and web-based shopping network. BidSellBuy.com, when released later this summer, will harness the power of social networking targeting the more than 200 million users of social media sites.
InternetArray expanded its focus on the Social Media market due to the market’s fast-paced acceptance and dynamic growth. The latest figures show time spent on social networks has almost doubled over the past year. According to Nielsen Online, which measures web traffic, the time spent on social networks in the United States rose 83 percent in April over the same month last year.
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