SOURCE: Viyya Technologies

May 01, 2008 09:40 ET

Viyya Technologies and Xandros Sign LOI

Plan to Embed Linux-Based Content Tools in New Netbook & MID Markets

FAIRFIELD, NJ--(Marketwire - May 1, 2008) - Viyya Technologies, Inc. (PINKSHEETS: VYON), the developer and marketer of the world's most advanced, web-based information management application and Xandros, Inc., a leading provider of mixed-environment management tools, intuitive Linux solutions, and Scalix e-mail services, are pleased to announce the signing of a Letter of Intent. The companies plan to jointly market an integrated, Linux-based software solution specifically designed for the new Netbook and Mobile Internet Device (MID) markets.

The management of both companies identify that efforts are already underway to complete a formal business agreement within the next thirty days that will define how the companies and their products will be represented in their respective markets and OEM channels. According to management, this agreement is timely as it is based on the recent sales explosion within the Netbook marketplace and this week's series of joint announcements between Xandros and Microsoft.

According to Andreas Typaldos, CEO of Xandros, "We've been working with Viyya products during the past year because of our belief in the content management space and our interest in working with a product line that can generate annual recurring revenue for us and our channel partners. Viyya does exactly that and with this relationship, Viyya will benefit from our strength in working with PC/Netbook, Laptop, and MID manufacturers."

Management determined that the market growth and acceptance for content management software such as that offered by Viyya for the Linux mobility markets and related Linux hand-held devices along with Xandros' strong business relationship with manufacturers of PC/Netbooks, Laptops, Mobile Internet Devices (MIDs) and other Internet devices represents an opportunity that the two companies are prepared to tackle. The companies believe that through their combined efforts of providing easy-to-use software that enables end-users to quickly access and utilize relevant information, that the packaging and delivery of their products and services in this multibillion dollar information management industry will yield millions of dollars in revenues for the two companies over the next couple years.

Xandros, Inc.'s (www.xandros.com) mission is to help businesses lower the costs of IT infrastructure through revolutionary design and workflow-driven management tools. The company's products empower Windows-centric businesses to benefit from the flexibility, reliability and security of Linux and open source, without requiring Linux expertise. Xandros was founded in 2001, and is headquartered in New York, with offices in Ottawa, Frankfurt and Sao Paulo.

John Bay, CEO of Viyya, states, "Andreas has been a tremendous ally to our company and we are honored to be working with Xandros. We expect that Viyya will greatly benefit in new sales from this relationship over the next couple of years and being positioned with Xandros in the market will help us meet client, business, and shareholder objectives."

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 XScript™ 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.

"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.

Contact Information