SOURCE: InternetArray, Inc.

June 17, 2009 09:15 ET

InternetArray Transfers BidSellBuy.Com to Noobis

Company Increases Ownership in Noobis-

NEW YORK, NY--(Marketwire - June 17, 2009) - InternetArray, Inc., (PINKSHEETS: INAR), announced today that it is transferring ownership of BidSellBuy.Com to Noobis, Inc., thereby increasing its equity stake in the subsidiary. The transfer is being done because Noobis has demonstrated a remarkable marketing and strategic presence in the new Social Media marketplace. Further, the Noobis management team has consistently proven its ability to incorporate, develop and monetize emerging, leading-edge technologies.

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.

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.

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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