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InternetArray in Negotiations to Acquire Social Media Company(July 19, 2012)
NEW YORK, NY -- (Marketwire) -- 07/19/12 -- InternetArray, Inc (PINKSHEETS: INAR) disclosed that it is in negotiations for a significant stake in or acquisition of an on-line political social media community. The Company will provide additional details as they become available.
This potential acquisition was the result of efforts by members of the new emergent technology advisory group announced by InternetArray on July 6, 2012.
The advisory group, comprised of principals from Noobis, Inc., StockPlay, InternetArray's executive management, outside business partners and representatives from the Company's public relations team is focused toward identifying new investment, acquisition and participation ventures in accordance with the Company's stated objective of providing guidance and investment for innovative, early stage web-centric companies.
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 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 from the assumptions currently anticipated.
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