SOURCE: InternetArray, Inc.

November 13, 2009 08:30 ET

InternetArray Provides Guidance on BidSellBuy Business Strategy

Focus on Packaged Travel Vertical

NEW YORK, NY--(Marketwire - November 13, 2009) - InternetArray, Inc. (PINKSHEETS: INAR) provided guidance today on its business strategy regarding, its reverse auction site developed by Noobis, Inc. After extensive research and data analysis, the company feels it has exposed a strong market for to initially enter with its reverse auction platform by targeting the packaged travel vertical.

"BidSellBuy serves both the buyer and seller, therefore we wanted to start with one market that would allow us to be economical in our marketing and promotional efforts while being receptive to our reverse auction platform," said Michael Black, CEO of Internet Array. "We found that packaged travel, such as all-inclusive trips, was a natural fit and has room for innovation. Travelers are looking for deals in this economy and travel agencies and travel proprietors are looking for better ways to obtain customers online."

According to Forrester, "Online leisure, unmanaged business, and managed business travel spending will increase from $111 billion in 2008 to $117 billion in 2009 and reach $158 billion by 2013. Two major factors contribute to this shift: modestly more people who buy travel online (Bookers) and a continuing shift in sales from offline channels to the Web." (,7211,47559,00.html)

About ( combines a unique auction and purchase functionality that will challenge the way people currently buy goods online by using the individuals that buyers are connected to on social networks to disrupt the normal buying cycle and offer new ways to shop online. Social networks have continued their meteoric growth, with Facebook leading the pack and now counting 250 million active users worldwide.'s new site is being developed by Noobis, Inc., an InternetArray company focused on social media applications.

About InternetArray, Inc. (

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. (

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.

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