Empire Research Initiates Coverage of Viyya as "Strong Speculative Buy"
July 12 2010 - 6:30AM
Marketwired
Viyya Technologies, Inc. (PINKSHEETS: VYON) -- John Bay, President
and CEO of Viyya Technologies, announced today that its shares have
been recommended as a "strong speculative buy" by William N.
Walling of Empire Research Associates, Inc., "Accordingly, these
shares are very attractive for purchase by high risk/high return
oriented investors." The report further states, "We really like the
risk/return ratio of Viyya with its shares at only $0.008. In fact,
we believe VYON.PK shares possess greater price appreciation
potential, on a percentage basis, than any other stock we have
analyzed in our five decades of securities analysis!"
Viyya was founded for the purpose of developing its Internet
content management services and products which have evolved to the
present day MaggieMe™ offering. MaggieMe™ provides an article-based
premium content digital distribution platform that is standardized
and works in conjunction with global publishers and the mobile
ecosystem through storefront environments. MaggieMe™ utilizes the
massively-scalable cloud-based technology (virtual server) of
Amazon to provide maximum flexibility in distributing content on a
highly personalized basis, including social networking and location
features, to any fixed or mobile device. MaggieMe™ has been in
intensive development for several years, is in beta with
publishers, and is now on track to be introduced into the
marketplace later this year.
The following positive factors are outlined in the VYON
investment thesis. MaggieMe™ offers value to publishers by
providing: (1) new and complete digital security for their valuable
and proprietary premium content -- on an article-by-article basis,
and (2) new revenues from a cut of fees from subscribers and
advertising. Internet consumers benefit through getting more
control over their viewing experience by: (1) obtaining what
information they want, when they want it, how they want it, and
where they want it -- also on an article-by-article basis, and (2)
saving time on Internet searches. Network operators provide
necessary wireless services to this ecosystem, garnering a new
revenue source in return.
Empire Research Associates, Inc. ("Empire Research") is a
NJ-based business consulting firm, specializing in economic,
financial, investment, and management information system matters.
Its three principals have over a century of experience in these
fields. William ("Bill") N. Walling, Jr., CFA, is founder and
Chairman of Empire Research. He holds a BA and MBA and is a
Chartered Financial Analyst. He is a former four-time member of the
Institutional Investor Magazine All-America Research Team. Heinz
Jauch is President of Empire Research. He holds a Ph.D. in
Economics and is a Chartered Financial Analyst. He has also
completed major consulting assignments, including ones for Bankers
Trust Co. and Port Authority of NY. Ronald E. Olsen is V.P. of
Empire Research. His career has been in investment portfolio
management. His previous positions include Trust Investment Officer
at Empire Trust Co. and at Howard Savings Bank.
A copy of the complete report may be found at
http://www.viyya.com.
About Viyya Technologies:
Viyya Technologies (www.viyya.com) (PINKSHEETS: VYON) is a
publicly traded company based in Fairfield, New Jersey. The company
develops content intelligence SaaS applications and platforms that
range from a single user service for the active business
professional to large multi-user environments for specific
industries in both the public and private sectors.
The company's core technology components manage information by
enabling users to customize the way they collect, process, and
experience digital content. Its innovative cloud-based technology
gives users the ability to retrieve filtered information from
multiple sources, organizes it through flexible and dynamic
options, and delivers it to any device. For additional company
information, please visit www.viyya.com.
Legal Notice: "Forward-looking statements" as defined in the
Private Securities Litigation Reform Act of 1995 may be included in
this release. These statements relate to future events or financial
performance; are based on current expectations/projections about
Viyya and its industry; and may differ materially from actual
future results or events. Such words as "expects," "believes," and
"anticipates" are intended to identify these statements. Viyya
disclaims any intention or obligation to revise any forward-looking
statements whether as a result of new information, future
developments or otherwise.
For more information visit: www.viyya.com
Safe Harbor Statement under the Private Securities Litigation
Reform Act of 1995: This news release contains forward-looking
information within the meaning of Section 27A of the Securities Act
of 1933, as amended, and Section 21E of the Securities Exchange Act
of 1934, as amended, including statements that include the words
"believes," "expects," "anticipate" or similar expressions. Such
forward-looking statements involve known and unknown risks,
uncertainties and other factors that may cause the actual results,
performance or achievements of the company to differ materially
from those expressed or implied by such forward-looking statements.
In addition, description of anyone's past success, either financial
or strategic, is no guarantee of future success. This news release
speaks as of the date first set forth above and the company assumes
no responsibility to update the information included herein for
events occurring after the date hereof.
Contact: Pam Dominiczak Investor Relations Viyya Technologies,
Inc. Phone: 973-276-0555
CurrentC Power (PK) (USOTC:VYON)
Historical Stock Chart
From May 2024 to Jun 2024
CurrentC Power (PK) (USOTC:VYON)
Historical Stock Chart
From Jun 2023 to Jun 2024