New York Start Up Valued at 10 Million

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Founders of NASCAR Race Track, New Hampshire Motor Speedway, Purchase Stake in New York Based Startup MoveThatBlock.com at a valuation of $10 Million!

Move That Block Press Conference

“We are very excited to partner with guys like Bob and Gary who have years of experience running multi-million dollar companies. They bring so much to the table and we believe this is a tremendous relationship for all parties involved," CEO Patrick Gray.

MoveThatBlock.com (Private), an Internet start-up company that just celebrated its one year anniversary last week after becoming the entitlement sponsor of the MoveThatBlock.com Indy 225 which aired on ABC national television on August 14, 2011 to an estimated 1.5 million U.S. Households. After racking up an impressive 1.2 million registered users in its first year, today announced that it has sold a minority stake in its company to former owners of the New Hampshire International Speedway. The track is home to NASCAR’s Lenox 301 and Sylvania 300 races and is New England’s largest sports venue. According to Wikipedia, Bob and Gary Bahre, who also owned the Oxford Plains Speedway in Maine, sold the track and other racing related assets to Speedway Motorsports for $340 Million in 2008. Bob and Gary Bahre have become investment partners in MoveThatBlock.com, a new premier online classifieds site. CEO Patrick Gray has stated, “We are very excited to partner with guys like Bob and Gary who have years of experience running multi-million dollar companies. They bring so much to the table and we believe this is a tremendous relationship for all parties involved.”

About MoveThatBlock.com
MoveThatBlock.com is the Free Social Marketplace™, an innovative, cutting-edge website that offers professional quality, one-stop shopping for all of life’s biggest decisions. They offer more features, better functionality, and dynamic cross traffic that no single, pay for-use competitor offers. Their custom features are easy to use and allow simple searching and posting in an uncluttered environment. MoveThatBlock.com is the world’s first premium quality site to offer full access free of charge across multiple categories in the Essential Life segment of the Internet. Their current categories include commercial real estate, residential real estate, home and vacation rentals, cars, jobs and relationships. They also offer personal, step by step guidance through life's most difficult decisions, providing local experts in each step of the process. From buying a home to landing that dream job or date, they’ve got you covered. MTB will be there for you every step of the way!

MoveThatBlock.com is 100% free to post and search with no restricted areas or premium memberships. They generate their revenue through featured, targeted advertising based on category, geographic, or other determining factors. Their goal is to simplify personal and professional lives, because they realize they are interconnected and often pull people in every direction at once. They also believe in only delivering fresh, accurate, and relevant content. From jobs and internships to relationships to homes or commercial office space, they strive to do a little more so that their users can do a little less. MTB aspires to be the world’s most advanced social marketplace on the Internet. They provide users with professionals to help them with life's biggest decisions, while at the same time providing professionals a cost-effective approach for targeted lead generation. MoveThatBlock.com is there for life’s biggest decisions. Welcome to the Block!

Contact:
Patrick Gray, Co-Founder & CEO; pgray(at)movethatblock(dot)com
Sable Eldridge, Director of Public Relations, seldridge(at)movethatblock(dot)com

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Patrick Gray
Move That Block LLC
(917) 250-2403
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