FORT MYERS, Fla., Oct. 9, 2012 /PRNewswire/ -- Yippy, Inc.
("Yippy" or the "Company") (OTCQX: YIPI) announced today the
appointment of Edward Noel as the
Company's new Chief Executive Officer. Richard Granville, the
Company's previous Chief Executive Officer, has been appointed as
the Executive Chairman of the Company's Board of Directors (the
"Board").
As part of the process of reforming the Company's management
structure, the Board recognized the need for an industry veteran to
head up the Company's day-to-day operations going forward.
Prior to his appointment, Mr. Noel served as a director on the
Board and will continue to serve in that capacity in addition to
his duties as Chief Executive Officer.
"I am very pleased to be a part of such a dynamic company,"
stated Mr. Noel, the Company's newly appointed Chief Executive
Officer. He continued, "While on the Board I was able to take
my time and get the complete picture of what this company can do
technologically. Yippy possesses impressive capabilities in
the consumer and enterprise markets. My first job is to start
focusing on monetization programs as Yippy prepares to go fully
operational."
Richard Granville, the Company's
recently appointed Executive Chairman, commented on Mr. Noel's
appointment, saying, "We are very pleased to have Ed come onboard
to the management team on a full time basis." He continued,
"Ed brings a wealth of industry experience to the table and has had
much past success. I believe the Company is in very capable
hands, allowing us to continue to grow in the future."
Edward Noel's
Background
Mr. Noel has over fifteen years of business experience working
in the Internet industry, including relative expertise in the areas
of strategy, business development, search product management,
mergers & acquisitions, ad sales and marketing. Mr. Noel
joins us after serving as the Chief Revenue Officer of Alphabird,
Inc. Prior to joining Alphabird, from February 1999 to November
2011, Mr. Noel served as Chief Revenue Officer / Chief
Strategy Officer of Lycos, Inc. Mr. Noel was instrumental in
crafting the corporate strategy for Lycos, which led it to its
first profitable year in 2009. He was also the lead
negotiator for the subsequent sale of Lycos to Ybrant Digital in
2010. From 1995 to 1999, Mr. Noel worked in the public
accounting industry for both Price Waterhouse and KPMG, with a
focus on companies in the Internet industry. Prior to 1995,
Mr. Noel served honorably in the United
States Marine Corps.
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:
G. McMillian
1-877-YIPPY 01
Investor Relations
Info( at )yippy.com
SOURCE Yippy, Inc.