CARSON CITY, Nev., Feb. 10, 2012 /PRNewswire/ -- Vidable, Inc. (OTCBB: VIBE) (the "Company"), an online video classified company, announced it has launched its innovative new online classified website in test market format in New York, New York. The site makes online video advertisements more accessible to local businesses and consumers. This easy-to-use website allows users in New York to add a business directory profile and video or post a classified video to sell a product or service. The Company plans a full launch into major cities in North America in 2012.
"Vidable.com is a local e-commerce marketplace that connects buyers to sellers through posted online videos, commented President Lino Luciani. "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".
"Fully 62% of online 25-34 year olds and 57% of 35-44 year-olds use online classified ads, compared with 49% of online 18-24 year olds and 48% of online 45-54 year olds," commented Luciani . "Video classified ads are a natural progression in the marketplace and we aim to be the innovators and market leaders".
"Few sites offer the kind of functionality, ease-of-use, and mobile applications that Vidable.com will offer after our complete roll-out", added Luciani.
Details about the Company's rollout are available at www.Vidable.info.
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 consumers 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, +1-775-887-0670
SOURCE Vidable, Inc.
