SOURCE: Viyya Technologies

January 17, 2008 10:59 ET

Viyya Technologies Announces Release of Virtual Ed Link, Stock Dividend Certificates

FAIRFIELD, NJ--(Marketwire - January 17, 2008) - Viyya Technologies, Inc. (PINKSHEETS: VYON) the software developer and marketer of the world's most advanced, web-based information management application announced today the release to Viyya shareholders of record on the record date December 21, 2007, certificates for the committed four shares of Virtual Ed Link (PINKSHEETS: VRED) stock for each VYON share owned.

In December, the Board of Directors of Viyya and Virtual Ed Link, Inc. approved a stock dividend as thanks to shareholders of VYON stock for their support and patience during the company's formative years. It was also announced at the time that the reconciliation of shareholder records, preparation of the stock dividend certificates, and distribution of the dividend shares is a process that would be concluded during January 2008. The Transfer Agent has now advised completion of the process and the mailing was made on Wednesday, January 16, 2008.

For clarity, company management explained that any individual, investor group, etc. that owned Viyya shares at the close of business on December 21st will be receiving four shares of Virtual Ed Link, Inc. (VELI) stock for every single share of Viyya stock. This process is seamless and requires no action by Viyya shareholders. Viyya shareholders were reminded in the December announcement that the dividend shares are issued as dictated by Securities Law under the 144 Rule.

Viyya and VELI management identify that the finality of the dividend effort will be followed with additional information on market opportunities as well as company financial reports and issuer statements that are quarterly requirements in being listed as a pink sheet company.

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 anywhere. 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.

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.

"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, actions of our competitors, the extent to which we are able to develop new services and markets for our services, and changes in our business strategies -- could cause actual results to differ from those contained in forward-looking statements.

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.

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