SOURCE: Viyya Technologies, Inc.

September 02, 2005 11:00 ET

Viyya Technologies and WISE Learning Solutions Launch Specialized Security Clipping Service

Companies Suspend Acquisition Talks; Reaffirm Strategic Alliance

WEST CALDWELL, NJ -- (MARKET WIRE) -- September 2, 2005 -- Viyya Technologies, Inc. (OTC: VYON) and WISE Learning Solutions, Inc. today announced the release of VIYYA™ Security Clipping (VIYYA™-SC), a specialized clipping service that provides Chief Information Security Officers (CISO) with up-to-the-minute security related information. VIYYA™-SC is a new platform designed to be flexible and fit the exact needs of the CISO and their staff. It is targeted to personnel that need customized industry or cross industry information such as security personnel in the energy field, who require IT information as well as energy-related topics.

VIYYA-SC™ will utilize the core search, index, retrieve and store components featured in all VIYYA™ platforms with the added benefit of specific, pre-defined information feeds -- or anchors -- for the Security industry. These anchors will incorporate feeds from Comtex News Network, aggregated RSS feeds, and selected websites. VIYYA-SC™ will be the first content aggregation and dissemination tool available in the market today that provides the Security Officer with 100% flexibility to extract information from any source at any time -- automatically!

"Most of today's content aggregation tools provide the user with static content sources they believe provide the proper information. VIYYA allows the end user to configure and customize the proper news feeds dynamically and include "trusted" sources specific to the user's particular industry needs. This is clearly a cut above today's standard content aggregation tools," said John Bay, CEO of Viyya Technologies.

Viyya Technologies and WISE Learning Solutions also announced today that both companies have mutually agreed not to execute a previously announced transaction agreement whereby Viyya would have acquired WISE. The companies will maintain a strong business partnership that already has been leveraged into new sales opportunities.

The first example of the VIYYA™ and WISE blended technologies, a portal specifically designed to meet the needs of today's Chief Security Officer (CSO) or Chief Information Security Officer (CISO), was displayed at the Techno-Security Conference in Myrtle Beach this past June. This joint collaboration provides critical information on security and compliance issues customized for each Security Officer, and it is expected to create sizable revenue and profit opportunities for both parties.

"Viyya and WISE have developed a very solid working relationship, and at this point, we are very comfortable with the autonomy that a partnership provides," added Bay. "Our new joint venture products are testament to the efficacy of our affiliation, and we see no reason to change what works."

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 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. For investor relations information, please contact Jesus Rodriguez at 305-776-4535.

About WISE Learning Solutions, Inc.

The WISE series provides a scalable solution to fit the training needs of today's public and private sector environment concerning security threats on their operations. It is a Standards-based training program that encompasses the power of the Internet and multimedia technologies to educate the employee on threats within the enterprise. For additional company information, please visit http://www.wiselearningsolutions.com or contact WISE Learning Solutions at 973-702-7989.

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, 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

  • Contact:
    Viyya Technologies
    973-226-6646

    Investor relations:
    Jesus Rodriguez
    305-776-4535

    Contact:
    WISE Learning Solutions
    973-702-7989