SOURCE: Viyya Technologies, Inc.

July 28, 2005 07:05 ET

Viyya Technologies Signs License Agreement to Resell Comtex News Network Content

WEST CALDWELL, NJ -- (MARKET WIRE) -- July 28, 2005 -- Viyya Technologies, Inc. (OTC: VYON), creator of VIYYA™, one of the world's most advanced information management applications for the everyday Internet user, announced today that it has signed a content license agreement with Comtex News Network, Inc. (OTC BB: CMTX), the leading wholesaler of real-time news and content for the world's major financial and business information distributors.

Under the terms of the agreement, Viyya will resell Comtex content through Viyya's various ISP and other channel partners, concentrating on the delivery of tailored news and information relevant to business professionals and consumer end users of VIYYA™ software products.

Viyya will collect the same news feeds that are distributed by Comtex from trusted global sources and provided real-time to many of the world's major news services. Viyya will then filter and repackage the content in tandem with Viyya's own news and information from various websites, RSS feeds and other sources utilizing proprietary VIYYA™ information management technology. The end result will be content specifically tailored to the needs of VIYYA™ users.

VIYYA™ software automates the process of collecting, processing, delivering and storing data as predefined by an individual end-user, resulting in a tested and proven time savings of as much as 40 percent. VIYYA™ allows user-personalization and customization of business and personal web-based data, expedites daily searches, and provides scheduled and automated analysis of multiple web locations. Captured data is displayed and saved in styles convenient to the user's lifestyle or daily routine, and then stored for future search and retrieval as the user directs. This feature combination does not exist in any other product on the market today.

"VIYYA™ end users will now be able to retrieve, customize and personalize news and information as it is fed to the major international news services," said John Bay, CEO of Viyya Technologies. "With VIYYA™ technology, they will receive the exact content they are interested in, as it is disseminated by Comtex, a leading provider of global real-time information."

About Comtex

Comtex (www.comtex.com) provides real-time news, SmarTrend(SM) Alerts and economically useful information to businesses whose customers need more than just facts. Comtex customers receive select content from key sources which is further enhanced with stock tickers and an extended lexicon of relevant terms. With a specialization in the financial news and content marketplace, Comtex receives, enhances, combines and filters news and content received from national and international news bureaus, agencies and publications, and distributes more than one million total stories per day. Comtex's state-of-the-art technology delivers this relevant content and reliable service in real-time. Comtex has offices in New York City and Alexandria, Virginia.

About Viyya Technologies, Inc.

Viyya Technologies is a technology company that has developed and is currently marketing one of the most advanced, web-based information management applications for use in the home, in the office and while traveling. The company's core technology manages disparate information from the Internet, corporate intranets, databases, newsgroups, e-mail 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.

Viyya Technologies trades on the OTC Pink Sheets under the ticker symbol VYON. For additional company information, please visit http://www.viyya.com or contact Viyya Technologies at 973-226-6646.

SmarTrend(SM) and CSTA(SM) are service marks of Comtex News Network, Inc.

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. These statements are only predictions and may differ materially from actual future results or events. Viyya Technologies disclaims any intention or obligation to revise any forward-looking statements whether as a result of new information, future developments or otherwise. There are important risk factors that could cause actual results to differ from those contained in forward-looking statements, including, but not limited to risks associated with changes in general economic and business conditions (including in the information technology and financial information industry), 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.

Contact Information

  • Investor Relations & Media Contact:
    Jesus Rodriguez
    305.776.4535