Yippy, Inc. (YIPI) Subsidiary Acquires Macte! Labs, Inc.
Poster: SySAdmin
Posted on August 2, 2012 at 6:42:01 AM
Yippy, Inc. (YIPI) Subsidiary Acquires Macte! Labs, Inc.
FT. MYERS, Fla., Aug. 2, 2012 /PRNewswire/ -- Yippy, Inc. (OTCQX: YIPI) (http://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 http://www.otcqx.com.
Additional information can be found at: http://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 (http://www.otcqx.com).
Contact:
R. Granville
1-877-YIPPY 01
Investor Relations
Info( at )yippy.com
SOURCE Yippy, Inc.
Yippy, Inc.
Web Site: http://www.yippy.com
FT. MYERS, Fla., Aug. 2, 2012 /PRNewswire/ -- Yippy, Inc. (OTCQX: YIPI) (http://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 http://www.otcqx.com.
Additional information can be found at: http://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 (http://www.otcqx.com).
Contact:
R. Granville
1-877-YIPPY 01
Investor Relations
Info( at )yippy.com
SOURCE Yippy, Inc.
Yippy, Inc.
Web Site: http://www.yippy.com