SOURCE: Viyya Technologies

March 25, 2008 10:14 ET

Viyya Technologies CEO Reports on Corporate Objectives for 2008

Fourth Letter Outlining Finance & Administration From Viyya CEO John Bay

FAIRFIELD, NJ--(Marketwire - March 25, 2008) - Viyya Technologies, Inc. (PINKSHEETS: VYON), the developer and marketer of the world's most advanced web 2.0-based information management application, announced its fourth letter in a series to VYON shareholders. Mr. Bay will report on finance and administration objectives for the 2008 fiscal year. The text of the letter follows:

For the past three years, Viyya Technologies has utilized Ferrara & Buckworth LLC as our corporate accountants. Ferrara & Buckworth have proved invaluable in their assistance and have diligently provided balance sheet and related financial statements for our filings. All filings thus far have been completed in conjunction with generally accepted accounting principles (GAAP) along with proper notes and management certifications.

We have bolstered our internal capabilities with the addition of Kim Tedesco. Kim will provide day-to-day control over all accounting functions within the company. Kim will work in conjunction with Ferrara & Buckworth, providing all the compilations and reports necessary for our growing organization.

We will now take the company into another level of compliancy during 2008. We have contracted with KBL, LLP, Certified Public Accountants and Auditors of New York City for the preparation and compilation of certified audited financials. Michael Pollack, partner of KBL, will work with us towards this end. We have already begun the process and hope to have it completed during the summer months and prior to our September 30, 2008 3rd quarter filings.

This is a major step on the road to our goal of becoming a fully reporting company and listing Viyya Technologies as an Over The Counter Bulletin Board (OTCBB) entity.

Additional administrative positions will be added during the course of 2008 as well. We are actively seeking a stateside Chief Technology Officer to supplement our current development activities both in the Internet and wireless arenas. Project managers and product managers will be next once our CTO is secured and fully entrenched in our technology.

In parallel, we hope to add multiple senior level business development persons to handle our resellers and distribution channels. We will also pay special attention to our international markets throughout 2008, adding personnel wherever the demand requires and budgets permit.

As in my previous letters, I appreciate all the patience exhibited by our shareholders in understanding the significant work accomplished in 2007 within our company. Thank you again for your continued support, loyalty and interest in our company.


John Bay
President  & Chief Executive Officer

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

"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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