DGAP-News

Yappn Delivers First Group of over 40 Global Multilingual Online Content Destinations for Digital Widget Factory

DGAP-News: Yappn Corp. / Key word(s): Miscellaneous
Yappn Delivers First Group of over 40 Global Multilingual Online
Content Destinations for Digital Widget Factory

01.04.2015 / 13:06

---------------------------------------------------------------------


New York, New York--(Newsfile Corp. - April 1, 2015) - Yappn Corp. (OCTQB:
YPPN) ('Yappn' or 'Company') is pleased to announce that under its
agreement with Digital Widget Factory ('DWF'), DWF already has over 40
sites in market through its global distribution network powered by Yappn's
technology. Yappn has developed and delivered a cloud-based multilingual
Content Delivery Network ('CDN') for DWF to market and manage a wide range
of global and localized language content sites focused on niche categories
enabled with a number of key revenue initiatives. In addition to increasing
the number of sites enabled by the new CDN, Yappn is also creating a
multilingual social organic traffic platform that will enable users from
around the world to interact with DWF's content, share and invite others to
share while creating unique revenue opportunities for users in 67
languages.

Yappn has already seen a significant increase in revenues through the
deployment of professional services under its agreement, with DWF already
providing $700,000 USD in advance deposits for development work. As agreed,
Yappn will continue to develop technology based solutions as well as global
analytic and social engagement programs for DWF. As part of the agreement,
Yappn, in addition to the agreed upon professional service fees and budget
allocations, will also receive a royalty of 20% based on the net profit of
the program.

'The Digital Widget Factory client engagement is a major opportunity for
Yappn to showcase its business solutions in the Content and AdTech space as
online and traditional content distributors work to reach a global audience
and advertisers begin to look at broadening their market segments and
demographics for stronger returns and profitability,' said Mr. David
Lucatch, Founder and CEO of Yappn. 'Yappn continues to develop leading edge
revenue centric technologies and services that are creating value.'

On December 1, 2014 Yappn announced a three-year Master Services Agreement
and Scope of Work with Digital Widget Factory ('DWF'), a private global
consortium that manages online user engagement for client programs in Asia,
Europe, Central and South America, to execute the development, management