ORLANDO, Fla., May 18, 2010 (GLOBE NEWSWIRE) -- Vidaroo Corporation (OTCBB:VIDA), 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. http://finance.yahoo.com/q/sec?s=vida.ob
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."
About Vidaroo Corporation
Vidaroo Corporation is a video technology company that provides the best-in-breed Online Video Platform, video production and advertising on its Online Video Network that reaches over 10 million visitors monthly. Vidaroo has earned the trust of a growing customer base including advertising agencies, iconic artists, media companies, organizations, businesses, and national brands such as Microsoft, Coca-Cola Company, Tribune News Company, Toyota, Emmis Communications, Clear Channel, Black Eyed Peas, Mary J. Blige, Britney Spears, Justin Timberlake and more. Vidaroo's Online Video Publishing Technology enables firms to easily create, deliver and monetize video and advertising. The Company has offices in New York City and Orlando. For more information, please visit www.Vidaroo.com.
Some of the above statements may be 'forward-looking' statements as defined by section 27A(c)(1)(A)(i) of the Securities Act of 1933.
See www.Vidaroo.com for a full safe harbor disclosure statement.