Vidaroo Corporation Files Quarterly Report for the Fiscal Period Ended March 31, 2010; Results Include 577% Increase in Revenue
May 18 2010 - 4:00AM
Vidaroo Corporation (OTCBB:VIDA), an innovative video technology
company offering an Online Video Platform, video production and
online video advertising, has filed its 10-Q Quarterly Report for
the fiscal period ended March 31, 2010.
http://finance.yahoo.com/q/sec?s=vida.ob
Mark Argenti, CEO, Vidaroo Corporation states, "This is an
unprecedented time for the Company, as we experienced growth in
each of our three business units during the past quarter. The
combination of a growing revenue base combined with the launch of
our new brand and marketing interface at www.Vidaroo.com has
created a very exciting environment from which to drive future
growth."
Tom Moreland, CFO, Vidaroo Corporation, notes, "We are pleased
to see strong growth in Revenue combined with ongoing strength at
the Operating Margin line. Building business with strong margins is
a top priority for our management team."
About Vidaroo Corporation
Vidaroo Corporation is a video technology company that provides
the best-in-breed Online Video Platform, video production and
advertising on its Online Video Network that reaches over 10
million visitors monthly. Vidaroo has earned the trust of a growing
customer base including advertising agencies, iconic artists, media
companies, organizations, businesses, and national brands such as
Microsoft, Coca-Cola Company, Tribune News Company, Toyota, Emmis
Communications, Clear Channel, Black Eyed Peas, Mary J. Blige,
Britney Spears, Justin Timberlake and more. Vidaroo's Online Video
Publishing Technology enables firms to easily create, deliver and
monetize video and advertising. The Company has offices in New York
City and Orlando. For more information, please visit
www.Vidaroo.com.
Some of the above statements may be 'forward-looking' statements
as defined by section 27A(c)(1)(A)(i) of the Securities Act of
1933.
See www.Vidaroo.com for a full safe harbor disclosure
statement.
CONTACT: Vidaroo Corporation
Tom Moreland
(321) 293-3360
tom.moreland@vidaroo.com
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