Free Video Classified Site Becomes First to Surpass 100 Million in Ad Listings

Beaverton, OR, August 20, 2007 --(PR.com)-- After a favorable review in the Wall Street Journal, Spynbuy.com is seeing explosive member growth in online video classifieds uploaded to the website. Pat Caporuscio CEO of Spy n Buy said, “Our Classified Ads listings have doubled over the last month and spynbuy is on its way to becoming the de-facto standard in the industry.”

Spynbuy is a free service which passed the 100 million dollars in listings mark on August 19, 2007.

Spynbuy.com has a user base that is motivated and growing fast, in part, because the service is free. The company also shares a percentage of all video advertisements which run after each user’s classified ad. Combined with other perks, such as every member can run a free banner on the site; and Youtube videos are easily transferred to Spynbuy, has sparked rapid adoption of the service which got the attention of the Wall Street Journal.

Spynbuy has been compared to Youtube, the world’s most popular user generated video site, but for video classified. According to Caporuscio, “The free memberships are growing at a rate where we expect total memberships to surpass 10,000 individuals by December 31st.”

About Spy n Buy

Spynbuy is a free social personal and business networking site where people post classified videos of products or services for sale or trade. The free service is ebay and youtube friendly, enabling members the ability to copy over youtube video classifieds into spynbuy, while embedding its content on ebay for free. The company has filed for 5 patents on its business model and technology.

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