Yappn Corp.
OTCQB : YPPN

Yappn Corp.

October 21, 2014 09:06 ET

Industry Leader Nicole Meissner Joins Yappn to Lead UK and European Ecommerce and Social Programs

NEW YORK, NEW YORK--(Marketwired - Oct. 21, 2014) - Yappn Corp. (OTCQB:YPPN) ("Yappn" or the "Company") a leader in real-time language technology, today announced that technology and telecom industry veteran, Nicole Meissner has joined Yappn as EVP and Head of UK/European Operations to lead the expansion of Yappn's product offerings in Ecommerce and its new global social image and video sharing platform, FotoYapp in the UK and throughout Europe. Ms. Meissner will also be part of the Head Office team to provide support for global expansion as Yappn begins rolling out its products and services beyond the North American marketplace.

Yappn develops real-time language services that allows social, Ecommerce, chat and other content to be instantly viewed in 67 languages by the user, in their native tongue, allowing each party to receive and send content without interruption or a language barrier. The Company's latest offering FotoYapp which works by providing brands, influencers and consumers with the ability to create their own media content, such as sharing images, 18-second videos as well as curate media from other users and content from major social media platforms in 67 languages.

Ms. Meissner brings a wealth of experience to her role with Yappn, providing considerable expertise in leading entrepreneurial technology based companies through strategic and financial growth. Ms. Meissner Co-Founded Synchronica PLC, now Myriad Group, grew the company from a two-person operation to an international mobile technology company with five global offices, 680+ staff members and an annual turnover of $30 million. Her experience also comes from companies such as Asdis Software, a Berlin based organization that develops secure server management solutions for the financial services and telecommunications industries and Peppermint Group, a venture capital and private equity company focusing on new technologies.

Most recently, Ms. Meissner has been instrumental in the launch of Deutsche Telekom's new electronic wallet program for mobile Ecommerce.

"Nicole brings a wealth of experience and knowledge to Yappn and we've very excited to have her join our team and lead our expansion programs in the UK and Europe," said David Lucatch, Founder and CEO of Yappn. "Nicole's experience with the telecom industry will assist Yappn globally in developing leading products and services for the rapidly expanding mobile market, allowing users to communicate freely and without a language barrier."

Europe is the third highest region for Ecommerce in the world with 94 million consumers buying across borders with the top ecommerce buying countries being the United Kingdom, Germany, France, Austria and the Netherlands. Out of the 816 million people living in Europe, 69% use the internet and 47% of internet users make purchases online. Ecommerce sales in Europe grew by 16.3% in 2013 to EUR363.1 billion. Continuing this growing trend, online revenues are expected to increase to EUR425.5 billion during 2014 and by the end of 2016, increase to EUR625 billion. (Ecommerce News)

For more information on Yappn and FotoYapp, please visit www.fotoyapp.com and www.yappn.com.

About Nicole Meissner

Co-Founder, COO, CMO and Head of IR for Synchronica PLC, now Myriad Group, Ms. Meissner scaled revenues with strong growth via 4 acquisitions spanning $1.7MM (2006), $3.2MM (2007), $5.3MM (2008), $5.9MM (2009), $10.9MM (2010) and $23MM (2011). During 2011 she also led the acquisition of Nokia Operator Branded Messaging Business for $25MM in cash and raised $15MM from new and existing institutional investors to fund acquisition and provide working capital. Through the acquisition, she acquired patent portfolio and contracts with operators in North America including Verizon, AT&T, Sprint, Rogers and Bell, with recurring revenue.

From 2003 - 2004, Ms. Meissner was the Senior VP, Product Management and Marketing for Asdis Software AG where she defined and developed three new products for kiosk, ATM and terminal management for the financial services and telecommunication industries., driving a turn-around of the company and bringing revenues from EUR0 to EUR15MM through deployment of products in major international banks.

Ms. Meissner has held other posts at venture capital and private equity firms as well as positions at Siemens AG, Radio Ramasuri, German Press Agency and Sueddeutsche Zeitung

About Yappn

Yappn is a real-time multilingual company that amplifies brand messaging, helps conduct commerce and provides customer support by globalizing these experiences with its proprietary approach to language. Through its real-time multilingual amplification platform, Yappn eliminates the language barrier, allowing the free flow of communications in 67 languages. Yappn has developed cost effective, unique and proprietary technology tools and services that create dynamic solutions that enhance a brands messaging, media, e-commerce and support platforms.

In addition to Yappn, FotoYapp (www.fotoyapp.com) provides consumers, brands and Influencers with the ability to share media content (images, video, audio, etc.) instantly across the global social sphere with all major social posts in a single environment in almost any language allowing global participants to interact with each other, regardless of their native tongue.

Yappn Corp. is publicly in the U.S. on the OTCQB - symbol "YPPN" and leading technology incubator; Intertainment Media Inc. (TSX VENTURE:INT)(OTCQX:ITMTF)(FRANKFURT:I4T) has a controlling interest in Yappn Corp.

For more information, please visit http://www.yappn.com.

Forward Looking Information

Legal Notice and Safe Harbor Statement

This press release contains "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical fact, and those preceded by or that include the words "believes," "expects," "given," "targets," "intends," "anticipates," "plans," "projects," "forecasts" or similar expressions, are "forward-looking statements." Although Yappn Corp.'s management believes that such forward-looking statements are reasonable; it cannot guarantee that such expectations are, or will be, correct. These forward-looking statements involve a number of risks and uncertainties, which could cause the Company's future results to differ materially from those anticipated. Additional information regarding the factors that may cause actual results to differ materially from these forward-looking statements is available in the Company's filings with the SEC including the Current Report on Form 8-K filed on April 3, 2013 and each subsequently filed Quarterly Report on Form 10-Q and Current Report on Form 8-K. The Company assumes no obligation to update any of the information contained or referenced in this press release.

Contact Information