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| YPPN Signs Smart Deal with Strong Partner |
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 Hot Stock to Watch |
Company: Yappn Corp. (OTCQB: YPPN)
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End of Day:
Price: 0.0499
Change (%): + 0.0049 (10.89)
Volume: 82,300 |
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Yappn Signs Agreement With VerbalizeIt Adding Curated Human Translation Enhancing Real Time Language Services for Ecommerce
Up to 150 Languages With Increased Accuracy and Efficiencies for Ecommerce and Other Services
NEW YORK, Dec. 16, 2014 (GLOBE NEWSWIRE) -- Yappn Corp. ("Yappn" or "Company") (OTCQB:YPPN) a leader in real-time language technology, today announced that it has signed an initial agreement with New York based VerbalizeIt (www.verbalizeit.com), offering a technology platform that drives business internationalization through access to a 20,000-person curated community of human translators. Yappn's algorithmic and real time automated language platform and VerbalizeIt will look to mutually provide services to each other as well as to the other party's existing and new clients to increase service offerings leveraging efficiencies and effectiveness with a focus on Ecommerce and related revenue areas.
The relationship between VerbalizeIt and Yappn is a natural fit as each company services the same verticals of online responsive data, Ecommerce, web events and video captioning albeit in different manners. Yappn provides real time algorithmic and automated language services while VerbalizeIt provides timely and high-quality human-powered translation services. Each provides similar integration methods for clients to easily implement and globalize their properties allowing for increased efficiencies and economies of scale. These services will furnish online content providers, Ecommerce companies and others with services to quickly provide responsive opportunities to their customers and update content, where necessary, in a quick turnaround manner, keeping customers at the forefront of the language experience and allowing vendors to reach new and global audiences.
The business opportunities may expand to both Yappn's FotoYapp (www.FotoYapp.com) platform offering real time global image and video sharing and Yappn's social and chat platform, where enterprises can offer users commenting and engagement opportunities.
"Our partnership with Yappn will allow us to broaden our reach and deepen the degree to which our platform and community of translators power business internationalization for small and medium-sized businesses and enterprises alike. Moreover, we're excited to work with an adept and proven team of leaders to create the best outcome for our customers and make translation more accessible to everyone," said Ryan Frankel CEO of VerbalizeIt.
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