SOURCE: Yippy, Inc.

Yippy, Inc.

May 23, 2011 16:01 ET

Yippy, Inc. Retains Educational Industry Executive & Consultant Marc Bigelow

FORT MYERS, FL--(Marketwire - May 23, 2011) - Yippy, Inc. (PINKSHEETS: YIPI), www.yippy.com, the providers of the world's fastest, family friendly, educational search engine and web portal, reports that it has retained Mr. Marc Bigelow from Vast Resource Group LLC as the primary executive management consultant.

Marc Bigelow comes to Yippy with over 22 years of senior management experience in the educational publishing, information and new media markets and is an adjunct professor at Sierra Nevada College. Marc has headed up executive transition teams for McGraw-Hill, Times Mirror, Thomson Learning (a division of Thomson Company) and most recently Gale Cengage which was purchased from the Thomson Company (now Thomson Reuters) for $7.75 billion by Apax Partners and OMERS Capital Partners. He also assisted in the transition of the educational business units from Times Mirror and McGraw-Hill where he supported college and K12 businesses that generated over $1.7 billion in annual revenue at the time. Marc's main role will be to assist the executive management of the company to create strategic partnerships, joint ventures, fund raising and ready the company for a potential acquisition or merger.

"I am beyond excited about what Yippy's business model represents to the multi-billion dollar education markets and it is coming at just the right time. With the emergence of ebooks from traditional publishers and open source providers, the industry leaders of K12 and higher education institutions are looking for a way to manage all their educational resources within a safe browsing environment for their students. Yippy's application services environment (ASE) provides the most comprehensive suite of student/family friendly programs I have ever seen in all my years in the education sector. They also own in my opinion the most efficient and logical search program for educational content and coupled with their K12 browser makes Yippy a serious player. I believe with the right partner(s) Yippy will be a top resource in the education research market, and that's my main focus," stated Marc Bigelow, Managing Partner, Vast Resource Group.

He continues, "Yippy will significantly reduce school and library costs thru its program suite and provide access to tools that students, instructors and administrators can utilize effectively. Yippy is easy to use and they can create web based user interfaces for all types of educational situations such as but not limited to K12, Law, Medical and General Studies free of cost while providing the institutions with the ability to generate revenue from advertising, merchandise and other sources to offset current research subscription (pay for use) based models. Due to massive budget constraints in education and learning, I see Yippy as the most viable option for K12 - college research markets by private labeling research tools for each educational institution."

"The company is extremely pleased to add Marc Bigelow to the team. He is the perfect guy at the right time to help move Yippy forward. Marc's contacts in the space are extensive and his knowledge will be of great value to the shareholders of Yippy, Inc. I expect Marc will join the executive management team of Yippy once we have completed the tasks laid out and he would certainly be a great asset to help transition Yippy should we sell/merge the company with a larger entity in the future," stated Richard Granville, CEO, Yippy, Inc.

Yippy, Inc. has established a new toll-free number for customer service and company inquiries which is 1-877-YIPPY01.

About Yippy, Inc. Based in Fort Myers Florida, Yippy, Inc., formerly known as Cinnabar Ventures, Inc., www.yippy.com is a new economy technology company that develops technologies and application services environments for both Consumer and Commercial market segments.

Forward-Looking Statements: Pursuant to The Private Securities Litigation Reform Act of 1995: The statements in this press release that relate to the Company's expectations with regard to the future impact on the Company's results from new products in development are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are subject to risks and uncertainties. Words such as "expects," "intends," "plans," "may," "could," "should," "anticipates," "likely," "believes" and words of similar import also identify forward-looking statements. Forward-looking statements are based on current facts and analyses and other information that are based on forecasts of future results, estimates of amounts not yet determined and assumptions of management. Readers are urged not to place undue reliance on the forward-looking statements, which speak only as of the date of this release since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. We assume no obligation to publicly update or revise any forward-looking statements in order to reflect any event or circumstance that may arise after the date of this release, even if new information becomes available in the future. Additional information on risks and other factors that may affect the business and financial results of Yippy, Inc. can be found in the filings of Yippy, Inc. with the U.S. Securities and Exchange Commission and OTC markets www.otcmarkets.com.

Contact Information

  • Contact:
    Investor Relations
    R. Granville
    Yippy, Inc.
    1-877-YIPPY01