SOURCE: Viyya Technologies

July 10, 2007 08:00 ET

Viyya Technologies CEO Reports 2nd Quarter Results, Company Beats Revenue Projections by 33%

Thanks Shareholders for Their Continued Support

WEST CALDWELL, NJ--(Marketwire - July 10, 2007) - Viyya Technologies, Inc. (PINKSHEETS: VYON), the developer and marketer of the world's most advanced, web 2.0-based information management platform, announced today that John Bay, CEO and founder of Viyya, issued a statement to VYON shareholders, in which Bay reports on Viyya's 2nd Quarter results. The text of the statement follows:

We are writing today to update you on company developments for the 2nd quarter of 2007. We are delighted to report that we closed Q2 with VIYYA license revenues of $159,990 surpassing by 33% our projections of $120,000.

This was accomplished while continuing to deliver on our core VIYYA product releases and the emergence of the VIYYA core technology as a valuable component in vertical market applications for government, education, health care, construction and many more.

"We are extremely pleased with our 2nd Quarter accomplishments, especially the start of our revenues," said John Bay, CEO. "It has been a long tedious product development cycle due to the complexity of our core technology. It's nice to finally see the fruits of our labors. I am especially thankful to our increasing shareholder population for their continued support -- they deserve all the credit."

This press statement will be followed by a more detailed description of our goals and objectives for the next 180 days. Viyya intends to solidify and bolster our operations, customer support, sales and marketing functions as we prepare for continued revenue and profitability. We plan to initiate sales efforts in support of all Viyya portfolio products and expect to begin generating revenues from all product lines in that timeframe.

The Viyya management team is genuinely committed to building a great company and creating considerable shareholder value over the long term. In the spirit of providing our investors with timely and accurate information, you can continue to expect regular updates in the form of additional letters, press releases, and postings on our website at

About Viyya Technologies

Viyya Technologies (PINKSHEETS: VYON) is the developer and marketer of the world's most advanced, web-based information management application. 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

"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.

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