LOS ANGELES, Nov. 17, 2004 (PRIMEZONE) -- Yap International, Inc. (Pink Sheets:YPIL), a provider of Voice over Internet Protocol ("VoIP") communication services and products, today announced that it has begun entering into Agreements with distributors, telecommunications carriers and Internet Service Providers in over 30 countries and territories worldwide.
James Revels, Executive Vice President of Sales stated, "The global interest created by the Nomad Line of Products supports our statement that YAP's VoIP line of Products is without pier in the global marketplace. We have received serious attention from every corner of the globe -- to license, distribute, and Joint Venture -- these are industry leaders, each looking to distribute our Products and Services in their respective country. We have now begun the process of entering into definitive licensing agreements."
Joseph Weaver, President and COO stated, "With the completion of these agreements in the next quarter, YAP is positioned to become the global leader in the VoIP industry, with the realistic opportunity to acquire more paying customers, in a shorter period of time, than all other competitors currently have combined."
Current list of countries and territories are listed in alphabetical order: Australia, Barbados, Brazil, Bulgaria, Chile, China, Columbia, Ecuador, Egypt, England, France, Germany, Guatemala, India, Iran, Ireland, Japan, Greece, Malta, Mexico, Nicaragua, Peru, Philippines, Poland, Saudi Arabia, Spain, Switzerland, Taiwan, Trinidad, Turkey, and the United Arab Emirates.
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 holds the exclusive rights to a revolutionary VoIP product line called NOMAD SYSTEMS that has Dial-up, Broadband, DSL, Cable, Satellite and Wireless capabilities. 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, San Francisco and Newport Beach California. To learn more about Yap International, Inc. please visit us at www.yapint.com.
Forward Looking Statements
This release contains forward-looking statements, including, without limitation, statements concerning our business and possible or assumed future results of operations. Our actual results could differ materially from those anticipated in the forward-looking statements for many reasons including: our ability to continue as a going concern, adverse economic changes affecting markets we serve; competition in our markets and industry segments; our timing and the profitability of entering new markets; greater than expected costs, customer acceptance of wireless networks or difficulties related to our integration of the businesses we may acquire; and other risks and uncertainties as may be detailed from time to time in our public announcements and SEC filings. Although we believe the expectations reflected in the forward-looking statements are reasonable, they relate only to events as of the date on which the statements are made, and our future results, levels of activity, performance or achievements may not meet these expectations. We do not intend to update any of the forward-looking statements after the date of this document to conform these statements to actual results or to changes in our expectations, except as required by law.