SOURCE: Viyya Technologies

January 23, 2008 08:00 ET

Viyya Technologies -- Bringing Vision to a Reality in 2008

FAIRFIELD, NJ--(Marketwire - January 23, 2008) - Viyya Technologies, Inc. (PINKSHEETS: VYON), the developer and marketer of the world's most advanced web-based content aggregation application is pleased to report that it has successfully completed its Virtual Ed Link, Inc. spin out with the distribution of stock dividends certificates on January 16, to Viyya shareholders of record on the record date, December 21st.

The spin out was a significant accomplishment for the Company and for how the Company wanted to reward Viyya shareholders for their long-term loyalty in helping to build the Company. In the spring of 2007, Viyya management established a vision for success and is now bringing that vision to reality in 2008 in terms of products, client contracts, and revenue.

The most valuable Viyya asset is its core technology as represented in the proprietary VIYYA™ Content Aggregation Engine and the VIP (Viyya Information Portal) platform. These two product lines are designed to provide comprehensive knowledge management solutions for the more than 234 million internet users within the United States. At this time, both product lines are being installed with revenue generation already underway. Both product lines deliver an ability to provide sophisticated methods of aggregating structured and unstructured content to the end user.

The new VIYYA™ Content Aggregation Engine with the Web 2.0 P2P is under contract and is in the delivery process for two organizations in New York State. These contracts have already provided for a number of other very similar opportunities to occur in the content vertical market -- a strategically key area for the Company. Viyya management anticipates additional contracts and relationships in this market which is dissected horizontally by ISPs and related ISP integrators.

The Company is equally pleased with its progress relating to the Viyya Information Portal. Our vision of a revenue generating subsidiary has been fulfilled with Virtual Ed Link as previously stated. Viyya will continue to support the VELI School Safety Management System (SSMS) that is already generating revenue for Viyya in 2008.

Additionally, other VIP opportunities are well on their way in the corporate security, fire and homeland security arenas. Management is confident that in creating the strategic partnerships previously announced with respective industry integrators, that these integrators will contribute their ability and client relationships to leverage acceptance of the viability of the Viyya software solutions.

It is important to note that the Viyya business model is built to facilitate mutually beneficial recurring revenue streams for the strategic integrator partner, the integrator client, and Viyya. And, just as the VELI model provides licensing revenue and subscription fees to the Company, the Viyya model will provide a similar revenue stream from its integrator partnerships.

Viyya management expects that 2008 revenue, based on the Company's current market efforts will equal between $3mm and $4mm from existing contractual obligations and new market opportunities. In addition to revenue beginning to occur, the Company has already launched an initiative to raise new capital for sales, marketing and possible acquisition targets and believes that based on information and expert guidance being provided that as this capital infusion occurs, the ability to significantly exceed these revenue projections in 2008 is quite feasible.

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 NASDAQ listed Google, Yahoo, MSN, and NYSE listed AOL, and others, provides Viyya users with a level of information management not available from other vendors.

The company's core technology manages disparate information from the Internet, corporate intranets, databases, newsgroups, email, and third-party feeds by enabling users to customize the way they collect, process, distribute and store data. VIYYA™ gives users the ability to retrieve filtered content from many sources, determine the relevancy of the information, and have the information processed into notifications, daily reminders, newspapers, or archived for future use. For additional company information, please visit www.viyya.com.

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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