Health & Fitness
Health and Fitness
Health and Fitness
Thu, May 27, 2010
Wed, May 26, 2010 
NEW YORK, NY--(Marketwire - May 26, 2010) - InternetArray, Inc.'s (
"We knew this year was going to be a strong growth year, but we didn't expect such a great start to the fiscal year," stated Jon Brennan, CEO of Noobis, Inc. "We've adjusted our growth projections to 400% year-over-year which we believe to still be conservative given the industry growth and some new programs and divisions we have planned."
Noobis is ahead of industry growth according to a February 2010 eMarketer report where Chief Marketing Officers surveyed stated a 60% increase in budget for social media marketing between August 2009 and February 2010. This reflects the continuing trend of marketers moving budgets from traditional media to digital. The Center for Media Research recently updated forecasts for 2010 with 70% of companies who responded said they plan to increase their budgets for off-site social media (i.e., Facebook, Twitter).
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 ])
Since 2007, Noobis, Inc. has been involved in all aspects of the emerging social media marketplace, assisting companies and organizations internationally. The company designs and develops applications on top platforms like Facebook, creates custom social networks, and manages the social assets for companies and non-profits. Noobis also creates its own products such as Amplify, its web based treasure hunt program. Most recently, the company has expanded into the mobile 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.
