NEW YORK, NEW YORK — (Marketwired) — 06/13/13 — Yappn Corp. (OTCBB: YPPN) (“Yappn or the “Company”) is pleased to announce that its development platform, Yappn (), an upcoming online multi-lingual social community where people can meet, chat, engage and consume media in almost 70 languages, set to fully launch in Summer 2013, has begun to initiate revenue agreements ahead of its beta launch. The Company has signed an agreement to offer private and public global discussion and broadcast services to the meeting, trade show, event planning and conference industry.
Yappn will allow event organizers to reach and service a global audience using the key features and tools provided through the Yappn platform. Organizers will have the ability to discern and disseminate public and private events, including live and pre-recorded video and have attendees both at an event and abroad engaged in social discussion, networking and business development. Yappn will become the “hub” for all related global engagement for the event-s programming activities.
According to industry analysis by IBIS World and First Research the current US market alone for event planning, trade shows, meetings and conferences exceeds $10 Billion annually with moderate growth forecasted over the next few years.
On a global scale, the industry market value is significantly higher, however attendance for industry events has been affected by rising costs for travel and related expenses and changing business environments. In some cases, attendees are hampered by the ability to attend foreign conferences given communication issues.
Yappn provides a complete solution that increases value to onsite attendees and also engages a virtual audience, regardless of their geo-region or native language, allowing them to interact with the ongoing events and other attendees.
In the upcoming week, Yappn has been invited to speak to a group of over 300 industry professionals who plan over 8,000 events each year and is also engaged with trade ministries from global regions that are working to expand their local trade show marketing programs and attract global attendees.
On June 19, 2013 Yappn will make the industry presentation available at
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About Yappn
Set to launch in Summer 2013, Yappn () is a place where people can meet, chat, engage and consume content, individually, in groups and by topic, regardless of the language they speak. By removing the language barrier, the entire world opens up to an entirely new paradigm of communication.
Yappn, with the power of Ortsbo () also offers a set of very powerful communication tools where users can create opportunities to meet, chat, engage and consume in their own virtual location creating global social engagement for private events and closed networks. Users can also connect to leading social networks and engage friends and followers on Facebook, Yahoo!, Twitter and more.
Intertainment Media Inc. (TSX VENTURE: INT)(OTCQX: ITMTF)(FRANKFURT: IT4) is a controlling shareholder of Yappn Corp.
Yappn Corp is publicly in the US on the OTCBB – symbol “YPPN”
Forward-Looking Information
Legal Notice and Safe Harbor Statement
This press release contains “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical fact, and those preceded by or that include the words “believes”, “expects”, “given”, “targets”, “intends”, “anticipates”, “plans”, “projects”, “forecasts” or similar expressions, are “forward-looking statements.” Although Yappn Corp.-s management believes that such forward-looking statements are reasonable, it cannot guarantee that such expectations are, or will be, correct. These forward-looking statements involve a number of risks and uncertainties, which could cause the Company-s future results to differ materially from those anticipated. Additional information regarding the factors that may cause actual results to differ materially from these forward-looking statements is available in the Company-s filings with the SEC including the Current Report on Form 8-K filed on April 3, 2013 and each subsequently filed Quarterly Report on Form 10-Q and Current Report on Form 8-K. The Company assumes no obligation to update any of the information contained or referenced in this press release.
Contacts:
Yappn Corp.
David Lucatch
Founder and CEO
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