Yippy, Inc. (YIPI) Reaches Preliminary Terms on Acquisition
Financing
FT. MYERS, Fla., April 4, 2013
/PRNewswire/ -- Yippy, Inc. (OTCQX: YIPI) (www.yippy.com)
("Yippy" or the "Company"), a unified search company known for
educational research and clustering technology, reports today that
the Company has concluded discussions and reached preliminary
non-binding terms of understanding with a group of funding sources
for the financing necessary to complete the Company's 2013 planned
acquisitions. The funding is further conditional on the
execution of binding term sheets, the execution of which the
Company expects to announce next week. The Company believes
it has located and grouped the right financing team together in
order to assist Yippy in its acquisition growth.
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 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-YIPPY01
Investor Relations
Info(at)yippy.com
SOURCE Yippy, Inc.