SOURCE: InternetArray, Inc.
NEW YORK, NY--(Marketwire - Sep 27, 2012) - 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.