CARSON CITY, Nev., Feb. 13, 2012 /PRNewswire/ -- Vidable, Inc. (OTCBB: VIBE) (the "Company"), today announced they grew their video content by 237%. The enhanced site contains new video content on various businesses.

"Growing our video content is a vital part of our revenue model as this will keep consumers coming back to the site," stated Lino Luciani, President of Vidable, Inc. "Not only will it keep people coming back; it will also help with our ad inventory for our self-serve ad platform."

Ad agencies or businesses will be able to purchase targeted banner space on Vidable.com. For instance, insurance companies may want to purchase banner space in the automotive category. Due to the level of targeting options coupled with the high commercial intent by visitors on Vidable.com, advertisers gain distinct advantage advertising. This will allow Vidable the ability to charge more for their ad inventory. Vidable expects to reach 50,000 channels in 2 months which will capture the attention of internet commerce.

Vidable is a local e-commerce marketplace that connects buyers to sellers thru posted online videos. The Company is creating a new way for local merchants and consumers to attract buyers and sell goods and services. The site will provide consumers with an economical and unique method to discover what to do, eat, see and buy in the local places they live and work.

"We have taken a unique approach to our business going forward and establishing Vidable.com," added Mr. Luciani. "We are now assembling a management team to launch our test markets with a video-based e-commerce marketplace and this self serve advertising platform accelerates the company's new direction."

 

About Vidable, Inc.

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.

 

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: Mike McCribbin 775-887-0670

 

SOURCE Vidable, Inc.

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