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Yippy Inc
Letter to Shareholders
Published Apr 20 2016
3 min read

Letter to Shareholders



Shareholders,


As you are aware, Yippy, Inc. (OTC:YIPI) is a software company that holds a perpetual license to the software known as IBM Watson Explorer.  Based upon that software, which the Company operates autonomously from IBM, we have developed a suite of technology solutions ranging from business intelligence, document security, to most recently data, compression for MSS operations.


We have just completed the installation of the first six (6) Blue Flame appliances on Globalstar’s (NYSE MKT:GSAT) network.  We currently plan to begin marketing “Internet” access to all Globalstar duplex subscribers beginning in Summer 2016.  Yippy and Globalstar are in a unique position to provide “best of class” satellite voice and data services at a cost effective price.

Currently, Globalstar has approximately 80,000 voice subscribers using Globalstar’s 1600 and 1700 handsets.  Yippy’s software, when used in connection with Globalstar’s network, will provide consumers with a fast and reasonably-priced Internet experience, with access to world wide web, mail, news, weather and other applications tailored for industry specific uses.

We believe that a large percentage of Globalstar’s duplex subscribers will want Internet access via their handset.  Globalstar will offer this solution to its customers for a nominal monthly fee.  The equipment upgrade required to operate Yippy’s software will cost approximately $20, and we believe that many Globalstar subscribers will upgrade their packages to acquire additional data, thereby growing Globalstar’s top line revenue.  As it relates to Globalstar’s Gen 2 network launch slated for later this year, Yippy software costs will automatically be included into the customers’ subscription package.

We are entering a new chapter in the company’s history.  I am very excited about our future and growing the business alongside our new partner Globalstar.  We believe our proprietary software and products are entering the market at the right time to sufficiently drive consumer demand, and we will continue to strive to deliver innovative technology products for our customers in the future.  On behalf of everyone at Yippy, thank you for your continued support of the company and our vision.


Sincerely yours,

 

Richard Granville

CEO

Yippy, Inc.

rich@yippyinc.com