Next XcellR8 Meeting to be Hosted at Nerac August 25th, 2016

TOLLAND, Conn. - Aug. 23, 2016 - PRLog -- Nerac (www.nerac.com) is pleased to announce the next XcellR8 meeting which will be held Thursday, August 25, 2016 at the Nerac headquarters in Tolland, CT. The XcellR8 meetings are high energy, interactive gatherings for entrepreneurs to pitch ideas and concepts and to brainstorm creative solutions to challenges. XcellR8 welcomes George Mathanool, Founder and CEO of VidZaar, which aims to create an uncontested market space (bazaar) that is safe, verified and visual!

VidZaar is an online aggregator of video classifieds and digital advertising on a single "Uber" like platform for and with networks of local newspaper dailies. The premise; contents from the "classified advertising" section of local newspapers are submitted by their registered subscribers and advertisers are unambiguous and verifiable for safer transactions.

This is an immense revenue opportunity to fill the gaps of the growing assortment of disparate video sources and digital TV advertising. VidZaar shall curate and facilitate proliferating video advertisements and self-made videos (selfie-ads), submitted through a network of registered 10's millions of domestic newspaper readerships, where buyers can find a very generous supply of goods, and sellers can find numerous buyers.

VidZaar endeavors to pull in new groups of millennial users who are traditionally non-users of the latent newspaper industry.  By altering the boundaries of the existing advertising industry on social media exchange, enabling the Internet of Things (IoT) and virtual reality, and interacting with vertical markets, VidZaar unlocks a seamlessly deep consumer and retail experience for newspaper readers and advertisers.

In June 2016, the A100 Program (New Haven & Hartford) consisting of nine senior-level students from Connecticut universities completed development of the VidZaar prototype (MVP) as a proof-of-concept. Currently the VidZaar team is seeking feedback from controlled groups, potential industry advisors, future Board members, a tech-architect (cloud or SaaS) and additional team members.

XcellR8, established as a networking cell in northeastern Connecticut, was one of four cells originally created by members of the Connecticut Technology Council executive board, including Nerac CEO, Kevin Bouley. Nerac generously makes space available to support this growing community of entrepreneurs.

"The Tolland/Nerac XcellR8 group continues to accomplish an amazing amount for our participants with just the volunteer talent and the energetic people who attend the sessions," said Bouley. "I'm very excited to welcome George Mathanool and VidZaar to our next XcellR8 meeting and am confident that the team can provide insights and ideas to help his company continue to evolve and grow."  Contact XcellR8 (mailto:xcellr8@nerac.com) to learn more today.

About Nerac

Nerac Inc. is a global research and advisory firm for companies developing innovative products and technologies. Nerac provides expert insights that equip clients with the knowledge to develop or refine a technology, explore market growth opportunities, evaluate intellectual property strategies and respond to regulatory changes. Nerac serves approximately 20,000 users worldwide and delivers over 75,000 research projects and custom alerts each year. Nerac has a long, successful consulting history in a wide-range of industries with a strong focus in the areas of pharmaceutical, food and nutraceuticals, medical device, engineering, energy and advanced materials.