Los Angeles, California (ots/PRNewswire) - Yap International, Inc.
(YPIL.PK - OTC), a provider of Voice over Internet Protocol ("VoIP")
communication services and products, today announced that with
international interest increasing on their "Yapper" technology, the
Company has shortened their corporate domain address to
www.yapint.com for ease of use.
"We are extremely excited about the increase in international
inquiries that we have received since we announced the completed
acquisition of our patented technology rights for the next generation
VoIP device known as "The Yapper" from FoneFriend, Inc. (FFRD:
OTCBB)" stated Jan Olivier, President and CEO. "We are now receiving
between 200 and 300 international inquiries everyday from individuals
who are interested in our product and our patented technology. We
believe that this product will set a new standard in the VoIP
industry and will be the product which all others will be measured in
"The Yapper", enables subscribers to place calls to virtually
anywhere in the world using just their touch-tone household phones.
Prior to FoneFriend's merger with a publicly-held company in
November, 2002, Stephen P. Milner, Managing Partner at Squar Milner,
a highly respected CPA firm based in Orange County, California, had
been requested to render his opinion of the value of FoneFriend for
the benefit of the creditors of the public company. According to Mr.
Milner, "FoneFriend (now the Yapper) could have a value of US$49 to
US$71 million," based upon the company realising its pro-forma
projections and other assumptions set forth in his letter dated
March 28, 2002.
About Yap International, Inc.
Yap International, Inc. is a multi-national Internet
Communications Company developing cost effective telecommunications
through Voice Over Internet Protocol (VoIP) technologies. The Company
currently holds the worldwide marketing rights for the only VoIP
technology that requires no computer or high speed Internet
connection and works in conjunction with any standard push button
phone to access VoIP savings. The Company plans on targeting the
market of more than 1.1 billion telephones worldwide, but
specifically, the international calling market as it pertains to
foreign-born residents living in the United States and Canada. The
company is headquartered in Las Vegas with administrative offices in
Vancouver and sales offices in Los Angeles.
To learn more about Yap International, Inc. please visit us at
This media release may contain forward-looking statements
regarding, but not limited to, management, market potential,
distributor success, market size, international sales, marketing,
future events and performance of the Company which involve risks and
uncertainties that could materially affect actual results. Investors
should refer to documents that the Company intends to file with the
SEC for a description of certain factors that could cause actual
results to vary from current expectations and the forward-looking
statements contained in this media release.
ots Originaltext: Yap International, Inc.
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