InternetArray Product Development Update on Noobis
September 27 2012 - 12:00PM
Marketwired
InternetArray, Inc. (PINKSHEETS: INAR) announced further third
quarter updates on Noobis, Inc., an InternetArray holding. Progress
on its new products and business platforms geared to small- to
medium-sized businesses, as well as non-profit organizations,
continue to grow. The products are "lite" versions of existing
applications. The beta phase of the new photo iOS application is
near completion and the Company is developing an Android version of
the same that is being readied for alpha testing. As previously
forecast, the 4th quarter rollout of these product offerings is
expected to provide a significant new revenue increase for the
Company.
Furthermore, Noobis' production and web design group continues
to grow with additional staffing in its Dhaka, Bangladesh office.
The company is currently exploring a third operation in South
America to provide 24x7 global coverage of customer needs and to
acquire new business opportunities in that region.
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.
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.
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.
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