SOURCE: InternetArray, Inc.

August 26, 2009 09:15 ET

InternetArray Provides Update on Project

NEW YORK, NY--(Marketwire - August 26, 2009) - InternetArray, Inc. (PINKSHEETS: INAR) today is providing the following update on the development and launch for the online gold and precious metal buying project,

Development of the EZCash4Gold website by the Noobis, Inc. development team is progressing. The website is designed as a leading-edge marketing and order-processing site that is utilizing the latest search engine optimization and development tools to create an appealing and efficient customer service system. A Beta version of the website is planned now for mid-October 2009.

Further, Precision Capital, LLC, a private equity firm and InernetArray's partner in the EZCash4Gold.Com project, has recently secured additional investment capital for ongoing operations, customer purchases and marketing.

Revenue will be generated through an established resale network and in appropriate instances through, our online auction and shopping network of the gold and jewelry acquired.

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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