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RBID.Com Announces Major Technology Development
Jul 12, 2007 10:37:00 AM
NEWPORT BEACH, Calif., July 12 /PRNewswire-FirstCall/ -- RBID.Com, Inc. (Pink Sheets: RBID) president/CEO Mr. Alan Rothman today announced the development of the company's state-of-the-art rich media internet property, the iMediaBar (http://iMediaBar.com). Spearheading the technology development, RBID's chief technical officer, Mr. David Howe stated, "I am delighted to say that we have now entered the development phase of what I believe will be one the most innovative revenue categories on the Internet. The iMediaBar's proprietary technology is being built to maximize revenue; while expanding personalized relationships for potential licensed service providers and retailers. This is a significant revenue generating technology, which due to its dynamic multiple media streams capabilities, along with its social interactive features, should have the potential to be a 'must have' feature for consumers; and in return a much cherished captive audience for advertisers."

The groundbreaking technology will be located in Ireland under the auspices of RBID Technologies Ltd. This is strategically important as it allows RBID to access many of the leading players in the online world, as well as some of the leading verticals in the highly lucrative travel, sports betting, social networking, eLearning, financial and entertainment industries. Mr. Howe added, "The iMediaBar is exciting in that it will allow real-time geographically targeted campaigns that are ideal for verticals with a perishable product. Our iMediaBar engine will allow advertisers a full campaign history and illustrate important consumer behavior patterns such as online purchases or in-store redemption."

About RBID.com

RBID.com, Inc. (http://www.rbid.com) is a financial IT and marketing company. RBID also facilitates the acquisition, commercialization, promotion and protection of both underdeveloped and distressed patented and/or proprietary technologies. RBID.Com, Inc has the exclusive US and European licensing and distribution rights to the home budgeting software, Simply Budgets (http://www.simplybudgets.com).

"SAFE HARBOR"

Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933, and are subject to Rule 3B-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All Statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and other results and further events could differ materially from those anticipated in such statements. Future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking statements.

Contact Information:
David Howe
RBID Technologies
Arklow
Co Wicklow
Ireland
Tel: [phone]
Mob: [phone]
SOURCE RBID.Com, Inc.



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David Howe of RBID Technologies
[phone]
mobile
[phone]