SOURCE: Viyya Technologies

November 20, 2007 09:36 ET

Viyya Core Technology Creates Market Excitement and Value

ROSELAND, NJ--(Marketwire - November 20, 2007) - Viyya Technologies Inc. (PINKSHEETS: VYON) and (PINKSHEETS: OPUC), developer and marketer of the world's most advanced, web-based, information management application, is pleased to state that its vision for enhancing shareholder value is occurring as the company continues to demonstrate its leadership position in several key technology markets.

As described in CEO John Bay's letter to stockholders on November 1, 2007, Viyya has now delivered its first subsidiary -- VELI -- which will have its initial system operational in December for the Mechanicville, NY school district. VIYYA, the company's core technology application, has been approved by three prospective key clients for statewide implementations. As has been stated during the past several weeks, Viyya expects the first of these signed contracts after Thanksgiving, and two others by year end 2007. Together these strengthen the ability to deliver on projected shareholder value in Viyya and VELI.

In regards to VELI, the use of VIYYA core technology is facilitating the organization of school administrative processes in the vitally important dissemination of instruction, information, and guidance in the event of a schools crisis. The VELI team, after a great deal of analysis and comparison with other solutions, has successfully introduced SSMS to school officials across the country as an extremely valuable solution to managing school district preparedness. Viyya and VELI management are projecting that after the launch of the beta school site in Mechanicville, NY that a half dozen other schools are to be signed on by year end.

These successes represent the culmination of many years of market research along with the efforts of the founders, software creators and investors of the VIYYA core technology, which now represents over $5 million in value and, after three years, is a competitive leader in the ability to access, compile, and manage information from the Internet and convert it into useful and valuable intelligence.

The development of the proprietary core tools (XScript and XCavator) with advanced algorithms that enable the technology to read text similarly to the human mind, does so with an understanding on filtering information that is wanted versus unwanted as users search for desired data in the plethora of information available over the Internet. So powerful are these proprietary tools that New York State Office of Homeland Security has requested additional discussions regarding data mining from internal and external IP sources.

The delivery of this powerful core technology has occurred in the applications for key clients in our school systems, the national fire association, government, content providers and ISPs. And, each of these market sectors are thrilled with the functionality of the Viyya product suite as illustrated below:

--  VIYYA contains improved and simplified capabilities with the addition
    of P2P (Peer to Peer) which includes the addition of multiple preset
    anchors or the tools that ask the Internet sites for the user specific
    information.
    
--  The populated preset anchors of the VIYYA product are an integral and
    competitive differentiator which represent a customized component for each
    of the aforementioned prospective clients.
    
--  The VIP (VIYYA Information Portal), with the powerful VIYYA core
    technology is built into the School Safety Management System (SSMS) as
    presented by Viyya's newly introduced Virtual Ed Link, Inc.
    

These customized solutions delivered through executed contracts to Viyya management provide a platform for the Company to utilize this same product suite with all prospective clients in the other targeted vertical markets. These contractual opportunities have provided the Company with market intelligence regarding the time consumption in the sales process and the project needs of client departmental involvement from management in areas such as administration, IT, and senior decision makers.

John Bay, CEO of Viyya, said, "This is an exciting time for the Viyya and VELI management teams and the shareholders. We still have a lot of work to do but we've achieved proof of concept. The technology we created remains ahead of the market and will be announced soon as deliverable applications in the construction industry, commercial real estate property management, healthcare, and state and federal government homeland security plans where our portal technology meets many of the objectives established for disaster preparedness."

About VIYYA™ Technologies

VIYYA™ Technologies (PINKSHEETS: VYON) is the developer and marketer of the world's most advanced, web-based information management application. VIYYA™'s proprietary XScipt extraction engine, used in conjunction with RSS feeds and today's popular search engines from Google, Yahoo!, AOL, MSN, and others, provides VIYYA™ users with a level of information management not available from other vendors. VIYYA™ has assembled the tools that allow individuals to turn "Information Overload" into customized personal and business intelligence, empowering them to automate and manage their Internet information through trusted and open sources. VIYYA™ provides easy-to-use filtering, parsing, and notification techniques for the maximum information impact, while storing information for quick, easy, effective retrieval. For additional company information, please visit www.VIYYA.com.

About Virtual ED Link

Virtual Ed Link Inc. responds to the growing need from school campuses (K-12 and higher education institutions) to collect, access, share and disseminate vital information within school districts. The School Safety Management System (SSMS), through VELI, is web-based and can be accessed any-where. SSMS can be customized for the particular school or college in which it is being implemented. Basic guidelines, rules and procedures, and general notifications are embedded as defaults, or the school can install its own.

Legal Notice Regarding Forward-Looking Statements

"Forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995 may be included in this news release. These statements relate to future events or our future financial performance; they are only predictions and may differ materially from actual future results or events. VIYYA™ disclaims any intention or obligation to revise any forward-looking statements whether as a result of new information, future developments or otherwise. Important risk factors -- including but not limited to risks associated with changes in general economic/business conditions (including in the IT and financial information industries), actions of our competitors, the extent to which we are able to develop new services and markets for our services, the time and expense involved in such development activities, the level of demand and market acceptance of our services and changes in our business strategies -- could cause actual results to differ from those contained in forward-looking statements.

Contact Information

  • Investor Contact:
    Joseph Forese
    973.228.8600