Wednesday, May 19, 2010

Investor Alert - VIDA could continue to move on Revenue Increase News

Vidaroo Corporation Files Quarterly Report for the Fiscal Period Ended March 31, 2010; Results Include 577% Increase in Revenue and 792% Increase in Operating Margin

RECENT NEWS

Vidaroo Corporation (OTCBB:VIDA - News), an innovative video technology company offering an Online Video

Platform, video production and online video advertising, has filed its 10-Q Quarterly Report for the fiscal

period ended March 31, 2010.


Mark Argenti, CEO, Vidaroo Corporation states, "This is an unprecedented
time for the Company,
as we experienced growth in each of our three business units during the past
quarter.
The combination of a growing revenue base combined with the launch of our new
brand and marketing
interface at www.Vidaroo.com has created a very exciting environment from
which to drive future growth."

Tom Moreland, CFO, Vidaroo Corporation, notes, "We are pleased to see
strong growth in Revenue
combined with ongoing strength at the Operating Margin line. Building
business with strong margins
is a top priority for our management team."

Investors are urged to monitor the progress of the company!

Why Consider VIDA
It's tough to find another company for only eighteen cents a share that
has a customer base that
includes the likes of Microsoft, Coca-Cola Company or Toyota

Vidaroo Corporation Sees Quarterly Revenues Jump 577% as Compared
to Same Quarter
in 2009! VIDA Could See a Banner Year as Double Digit Comeback is
expected for US Online
Ad Spending

VIDA’s latest Quarterly report seems to demonstrate that the company’s
hard work is now
really starting to pay off:
  • VIDA’s revenues increased $352K to $413K in the quarter ended
  • March 31, 2010 as
  • compared to 2009.
  • The company also reported a 792% Increase in Operating Margin.
  • Revenue also increased $85K to $1.04Million in the nine months
  • ended March 31, 2010 as
  • compared to 2009
It’s a Fact: Hundreds of Millions of people now turn to the internet for video
media, and the U.S.
will spend Billions of Dollars advertising in this thriving new market space.
Investors are now
urged to place Vidaroo on your radar, as VIDA is put on the Potential
Gainers Watchlist.

With an Online Video Network that reaches over 10 million visitors monthly,
Vidaroo Corporation
(OTCBB: VIDA), a provider of a best-in-breed Online Video Platform, video
production and on-line
advertising, is working towards taking a commanding position in the industry.
The company has
earned the trust of a growing customer base that includes BIG names such
as Microsoft, Coca-Cola
Company, Tribune News Company, Toyota, Emmis Communications, Clear
Channel, the Black Eyed Peas,
Mary J. Blige, Britney Spears, Justin Timberlake and more.
Corporate Outlook
It seems there will be no lack of opportunity within the market space
that gave birth to industry
giants such as YouTube Inc., which was bought by Google for $1.65 Billion,
and only five years
after its creation, is now the top video property representing 41.8 percent of all
videos viewed online.
  • eMarketer has revised its forecast to predict a steeper increase of nearly
  • 11% for US online ad
  • spending in 2010, after a drop of 3.4% last year. US spending on online
  • advertisements will reach
  • $25.1 billion, up from $22.7 billion. Video will again post the highest growth rate,
  • rising 48.1% to $1.5 billion

  • According to comScore, the industry already seems to be rebounding from
  • the 2009 recession.
  • Data from comScore's Ad Metrix services shows that U.S.
  • Internet users received a record 1.1 trillion display ads during the f
  • irst quarter,
  • marking a 15-percent increase versus year ago. Total U.S. display
  • ad spending in Q1 reached
  • an estimated $2.7 billion

  • Also according to comScore, more than 180 million U.S. Internet
  • users watched online video
  • during the month of March 2010. U.S. Internet users watched 31.2 billion
  • videos in March!
As revenues continue to grow for VIDA, Investors should be considering
this emerging


company as the opportunity to profit could grow as well


Company Snapshot

About The Company

Vidaroo Corporation operates as a digital video technology company.
It owns Gen2 Network, a network
of Websites that delivers multi-channel video programming directly to the
subscriber via the Internet.
Its network delivers programs, such as music videos, sporting events and
concerts, and exclusive
programs.
The company also offers production services, such as digital video imagery
services for professional
entertainment content; support for an array of video products; and delivery
of daily Internet programming
and other video content.

In addition, it provides media management services for other companies
or publishers. Further,
the company licenses its software application for the display of online video on
a basis of software as
a service. It serves advertising agencies, artists, media companies, organizations,
and businesses.
The company was formerly known as Gen2Media Corporation and changed its
name to Vidaroo
Corporation on Apr 26, 2010. Vidaroo Corporation was founded in 2006 and is based
in Orlando, Florida.


http://finance.yahoo.com/q?s=VIDA.OB

http://finance.yahoo.com/q/h?s=VIDA.OB

Website: http://www.vidaroo.com

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