Skip to main content

Market Overview

Yippy, Inc. Delivers North American Second-Generation Data Compression Platform to Globalstar

Share:

FORT MYERS, Fla., March 10, 2016 /PRNewswire/ -- Yippy, Inc. (OTC: YIPI) announced today that it has delivered the first shipment of Blue Flame Appliances for second-generation compression systems to Globalstar, Inc. (NYSE MKT: GSAT) to leverage the Yippy EASE 360 platform and proprietary data compression, optimization and security software.

Yippy's industry leading software platform will provide a broadband-like data experience to Globalstar's existing and prospective subscribers, and the service will be available for both first and second generation satellite services. Richard Granville, CEO, Yippy, commented, "It is an exciting time in the MSS industry and for our partner Globalstar. Data compression for satellite technology has never been more valuable to the customer experience, and with our North American appliances in place at Globalstar's Clifton and High River locations, Globalstar customers will be able to start surfing the web and accessing corporate data silos shortly."

"Yippy's compression software has performed perfectly over the last six months of beta testing and is an integral part of the evolution of data transfer via MSS delivery systems. Our collective teams are leading the way in affordable, superior satellite communications services for anyone who requires fast and efficient internet connectivity beyond the limitations of terrestrial networks," commented Jay Monroe, Chairman and CEO of Globalstar.

About Yippy, Inc.
Based in Fort Myers, Florida, Yippy, Inc. (YIPI) (www.yippyinc.com) is a technology company that specializes in the development of search-based applications, data normalization and aggregation through enterprise application (app) service environments (EASE) for consumer and enterprise markets. Yippy's proprietary appliance based product suites are deployed over a private cloud architecture and provide secure, redundant and maintained data services for individuals, businesses and education markets. The company also operates several online web properties and educational reference portals. Investors can find current financial disclosure for the company at http://www.otcmarkets.com/stock/YIPI/filings.

About Globalstar, Inc.
Globalstar is a leading provider of mobile satellite voice and data services, leveraging the world's newest mobile satellite communications network. Customers around the world in industries like government, emergency management, marine, logging, oil & gas and outdoor recreation rely on Globalstar to conduct business smarter and faster, maintain peace of mind and access emergency personnel. Globalstar data solutions are ideal for various asset and personal tracking, data monitoring and SCADA applications. The Company's products include mobile and fixed satellite telephones, the innovative Sat-Fi satellite hotspot, Simplex and Duplex satellite data modems, tracking devices and flexible service packages. For more information, visit www.globalstar.com.

 

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/yippy-inc-delivers-north-american-second-generation-data-compression-platform-to-globalstar-300233613.html

SOURCE Yippy, Inc.

View Comments and Join the Discussion!
 
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
SPAC
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com