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July 02, 2012 at 11:57 AM EDT
Vidable, Inc. To Deploy a Licensing Program to Penetrate the Growing US Online Advertising Market

Vidable, Inc. (Other-OTC: VIBE) (the "Company"), an online video classified company, today announced their plan to sell Vidable licenses to allow third parties to sell Vidable digital media services under the Vidable brand for a monthly fee.  This new service furthers our goal to penetrate the U.S. online advertising market, which, according emarketer.com's January 2012 forecast, is expected to reach $39.5 billion in 2012. 

President Lino Luciani stated: "According to a recent BIA/Kelsey study, small and medium businesses (SMBs) surveyed reported they plan to allocate 26 percent of their advertising budgets to digital/online media over the next 12 months.  However, we have found they prefer to do it through various media buying agencies. We have designed our licensing program to encourage third parties, such as videographers, to license our services allowing them to create online videos and set up Vidable channels for local businesses.  We believe this will enhance the results for consumers looking to buy on Vidable.com."

About Vidable, Inc.

Vidable, Inc. is a development stage video based e-commerce marketplace company which intends to connect merchants and customers via streaming video, mobile technology and social media.  Vidable is establishing a business model that will simplify the e-commerce marketplace that connects buyers and sellers. The company intends to operate a next-generation website that incorporates streaming video and mobile technology and uses various best- of-breed features. Vidable.com will be a centralized Internet portal that allows consumers to find information about various products and services through businesses and consumer posted videos on a local basis.  For more information on Vidable, Inc., please visit its website at www.vidable.info.

Forward-Looking Statements and Safe Harbor Statement:

The information provided herein may include forward-looking statements. These forward-looking statements may be identified by the use of terms and phrases such as "anticipates," "believes," "can," "could," "estimates," "expects," "forecasts," "intends," "anticipates", "may," "plans," "projects," "targets," "will," and similar expressions or variations of these terms and similar phrases. These forward-looking statements are largely based on our current expectations and projections about future events and financial trends affecting the financial condition of our business. Such forward-looking statements include, without limitation, projections about our possible future results, statements about our plans, strategies, business prospects, changes and trends in our business and the markets in which we operate. Additionally, statements concerning future matters such as new business models, new products, product enhancements, new technologies, sales levels, expense levels and other statements regarding matters that are not historical are forward-looking statements. Management cautions that these forward-looking statements relate to future events or our future financial performance and are subject to business, economic, regulatory and other risks and uncertainties, both known and unknown, that may cause actual results, levels of activity, performance or achievements of our business or our industry to be materially different from those expressed or implied by any forward-looking statements. There is no certainty or assurance that any prospective events referenced as forward-looking statements will be achieved. The Company undertakes no duty to provide updates with respect to matters disclosed in this press release.

 

 

 

CONTACT:

INVESTOR RELATIONS 

775-887-0670

 

 

 

SOURCE Vidable, Inc.

 

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