FT. MYERS, Fla., Aug. 2, 2012
/PRNewswire/ -- Yippy, Inc. (OTCQX: YIPI) (www.yippy.com)
("Yippy" or the "Company"), a unified search company known for
educational research and clustering technology, reported today that
Yippy Labs, Inc., the Company's wholly owned British Columbian
subsidiary, acquired Macte! Labs, Inc., a developer of dynamic
toolbars and applications for both search and communication
applications, located in Vancouver,
British Columbia, Canada ("Macte"), pursuant to a share
exchange agreement dated August 1,
2012.
"At a summit last month, the two respective teams put an action
plan in place for consumer research and education that we believe
is both groundbreaking and innovative," stated Rich Granville, Chief Executive Officer of
Yippy. He continued, "The Macte! Labs acquisition adds to the
existing advantages of our company's business plan with custom
designed browser extensions. We rigorously tested the Macte
applications over the last 30 days in order to verify the desired
functionality and believe we secured the next vital piece for
Yippy's growth."
Stan Kuzmin, Chief Executive
Officer of Macte, commented, "Yippy had a very specific set of
functionality tests. One of these was to demonstrate the
ability to control all major browsers on click via a web-based
connection through the Yippy 'Safe' API (application programming
interface). I am happy to report that the NeoBar, now 'Yippy
Bar,' performed well. This Yippy Bar will protect the user
from known malicious websites that contain Trojans and other
malware, as well as those that have inappropriate content.
This includes the filtering of all search engines such as Google
and Bing 'on click' through Internet Explorer, Mozilla Firefox,
Safari, Opera and Google Chrome. We will be adding
administration controls for parents, educators and SMBs to notify
administrators when our program has been disabled locally.
The software package will eliminate the need for expensive
protective server and client side programs."
About Yippy, Inc.
Based in Fort Myers, FL, Yippy,
Inc. is a technology company specializing in the development of
search, data normalization, and aggregation through application
service environments for consumer and enterprise markets.
Yippy's proprietary web-based product suites are deployed over
cloud architecture and provide secure, redundant and maintained
"Data as a Service" for businesses and education markets. The
Company also operates several online web properties and educational
reference portals. Yippy (YIPI) has been approved to trade on
the OTCQX U.S., the intelligent marketplace for the best
over-the-counter companies with the highest financial standards and
superior information availability. Investors can find current
financial disclosure and Real-Time Level 2 quotes for the Company
on www.otcqx.com.
Additional information can be found at: www.yippy.com
Forward-Looking Statements
The information contained herein includes forward-looking
statements. These statements relate to future events or to
our future financial performance, and involve known and unknown
risks, uncertainties and other factors that may cause our actual
results, levels of activity, performance, or achievements to be
materially different from any future results, levels of activity,
performance or achievements expressed or implied by these
forward-looking statements. You should not place undue
reliance on forward-looking statements since they involve known and
unknown risks, uncertainties and other factors which are, in some
cases, beyond our control and which could, and likely will,
materially affect actual results, levels of activity, performance
or achievements. Any forward-looking statement reflects our
current views with respect to future events and is subject to these
and other risks, uncertainties and assumptions relating to our
operations, results of operations, growth strategy and liquidity.
We assume no obligation to publicly update or revise these
forward-looking statements for any reason, or to update the reasons
actual results could differ materially from those anticipated in
these forward-looking statements, even if new information becomes
available in the future. Additional information on risks and
other factors that may affect the business and financial results of
Yippy, Inc. can be found in the filings of Yippy, Inc. on OTC
Markets OTCQX (www.otcqx.com).
Contact:
R. Granville
1-877-YIPPY 01
Investor Relations
Info( at )yippy.com
SOURCE Yippy, Inc.