Yappn Delivers First Group of Over 40 Global Multilingual Online Content Destinations for Digital Widget Factory

NEW YORK, NY / ACCESSWIRE / April 1, 2015 / Yappn Corp. (OCTQB:YPPN) ("Yappn" or "Company") is pleased to announce that under its agreement with Digital Widget Factory ("DWF"), DWF already has over 40 sites in market through its global distribution network powered by Yappn's technology. Yappn has developed and delivered a cloud-based multilingual Content Delivery Network ("CDN") for DWF to market and manage a wide range of global and localized language content sites focused on niche categories enabled with a number of key revenue initiatives. In addition to increasing the number of sites enabled by the new CDN, Yappn is also creating a multilingual social organic traffic platform that will enable users from around the world to interact with DWF's content, share and invite others to share while creating unique revenue opportunities for users in 67 languages.

Yappn has already seen a significant increase in revenues through the deployment of professional services under its agreement, with DWF already providing $700,000 USD in advance deposits for development work. As agreed, Yappn will continue to develop technology based solutions as well as global analytic and social engagement programs for DWF. As part of the agreement, Yappn, in addition to the agreed upon professional service fees and budget allocations, will also receive a royalty of 20% based on the net profit of the program.

"The Digital Widget Factory client engagement is a major opportunity for Yappn to showcase its business solutions in the Content and AdTech space as online and traditional content distributors work to reach a global audience and advertisers begin to look at broadening their market segments and demographics for stronger returns and profitability," said Mr. David Lucatch, Founder and CEO of Yappn. "Yappn continues to develop leading edge revenue centric technologies and services that are creating value."

On December 1, 2014 Yappn announced a three-year Master Services Agreement and Scope of Work with Digital Widget Factory ("DWF"), a private global consortium that manages online user engagement for client programs in Asia, Europe, Central and South America, to execute the development, management and maintenance of a minimum of 200 multilingual Ecommerce and other revenue-based web sites, each optimized for mobile, portable and web consumers.

As further described in the December 1st announcement, based on the terms of the agreement, Yappn expects to generate revenue up to $3,000,000 in 2015. For two (2) successive years the Company is under contract to produce an additional 400 multilingual Ecommerce and other revenue sites in 2016 and up to 525 additional sites in 2017.