TranzActive Partners with Yappn for its Licensed Technology Revenue Services Programs

NEW YORK, NEW YORK--(Marketwired - Oct. 30, 2014) - Yappn Corp. (OTCQB:YPPN) ("Yappn" or the "Company") a leader in real-time language technology, today announced that linguistic technology licensing provider, TranzActive (www.tranzactive.com), is partnering with Yappn to deploy its services, expertise and support for the implementation of TranzActive's linguistic suite. Revenues will be billed for services, recurring fixed fees and transactional percentages.

TranzActive offers its technology to clients and partners via an equity and / or fee for license model to create the opportunity for long-term value. The equity position model allows those organizations to build their global presence without the burden of adding significant resources like staffing and location services.

Under the TranzActive business model, professional and development services are to be contracted to Yappn Corp. (www.yappn.com). Multilingual contract services would include technology implementation, professional services, social integration, catalog development, shopping cart language services and multilingual post-sale customer care. Yappn will also offer TranzActive clients the opportunity to participate in its global social platform, FotoYapp and other Yappn initiatives.

In conjunction with the program, Yappn has already begun preliminary programs with 2 start-up programs out of China and South America, assisting them with developing a marketing and business plan for North American and global outreach. These sites are focused on Ecommerce and Data Warehousing and will generate transactional, recurring and professional services fees. Additional projects are under consideration.

"Yappn is focused on opportunities that have significant and sustainable revenue paths," said David Lucatch, Founder and CEO Yappn Corp. "TranzActive's business model will allow early stage and mature companies to globalize without expending significant resources thereby increasing efficiencies and profits and Yappn will be there to support these programs on a fee for service, recurring fixed fee and transactional percentage basis, creating revenue growth opportunities for our company."

According to Internet World Stats.com, from 2000 through to 2013, languages other than English have shown the most explosive growth. Today, English is not even in the top 5 growing languages of the internet, with Arabic, Russian, Chinese, Portuguese and Malay showing the highest user language growth. According to the 2011 US Census, over 66 million people in the US do not speak English at home with an estimate of 155 million over the next five years.