Yappn Partners with Hong Kong based Ventris Capital to Expand its Business Reach throughout Asia
Yappn to broaden global sales to growing global language markets
NEW YORK, NY – September 29, 2015 – Yappn Corp. (“Yappn” or “Company”) (OCTQB: YPPN), a leader in real-time language technology and translation services, is pleased to announce that it has partnered with Ventris Capital Advisors (“Ventris Capital”) to increase its reach in Asia.
With strong ties to over 300 investors and corporations predominantly from the Asia Pacific region including China, Hong Kong, Taiwan, Singapore, Indonesia, Philippines, Korea and Australia, Ventris Capital, led by Co-Founder Tyler Doherty, intends to continue to expand Yappn’s presence in the media, Ecommerce, customer care and brand messaging sectors throughout Asia.
Tyler Doherty states: “There are over 16 languages spoken in the Asian region and many different dialects for those languages. Yappn’s platform is game-changing for businesses that want to globalize without incurring the heavy localization costs. We have already identified many companies which would benefit greatly from Yappn’s real-time language and translation services that are simple and elegant and at a fraction of the cost compared to many people based services currently out in the market.”
Tyler began his career at BMO Nesbitt Burns in Vancouver and prior to moving to Asia, he was a Vice-President at a private equity /family office based in Vancouver focused on investments in Chinese SMEs. His previous posts also include founder of Inishowen Partners, a boutique cross-border financial advisory firm which was responsible for investor relations and business development before being merged into Ventris Capital. Prior to founding Inishowen Partners, Tyler spent a year working at a Hong Kong publicly-listed company in the retail sector.
David Lucatch, CEO stated: “We are excited to have Ventris Capital to help support our sales efforts in Asia and consider this another valuable introduction by Winterberry Investments. Real-time language services is a huge growth opportunity throughout the region and as Yappn focuses on client acquisition, having a solid presence throughout the Asian region will support our sales expansion. Ventris Capital has strong ties with brands throughout Asia and they will help us identify the companies best suited to benefit from our Ecommerce, customer care and social language services applications.”
For more information, please visit www.yappn.com.
To learn more about Why Language Matters to a growing global economy, visit our blog at www.whylanguagematters.com.
Yappn is a real-time multilingual company that amplifies brand and social messaging, expands online commerce and provides customer support by globalizing these experiences with its proprietary approach to language. Through its real-time multilingual amplification platform, Yappn eliminates the language barrier, allowing the free flow of communications in 67 languages.
Yappn focuses on delivering global reach and efficiencies without the need of human intervention, making the language experience immediate through all phases of Ecommerce, online events and content programming.
Yappn Corp. is publicly traded in the U.S. on the OTCQB – symbol “YPPN”
For more information, please visit http://www.yappn.com or contact:
David Lucatch, Founder and CEO
Jeanny So, VP, Corporate Communications
T: 1.800.395.9943 x 228
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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 Reports on Form 8-K and each subsequently filed Quarterly Report on Form 10-Q and Annual Report on Form 10-K. The Company assumes no obligation to update any of the information contained or referenced in this press release.