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SmallCapNewsRelease:(OTC: YIPI) Secures $2 Million in Funding

Tue, 6 Mar 2012 17:24:42 EST

JERICHO, NY, March 6, 2012, Yippy, Inc. (PINKSHEETS: YIPI) a new economy technology company that develops technologies and application services environments for both consumer and commercial market segments announced today that they have secured $2 million through a structured secured (UCC-1) debt agreement with the Magna Group.
 
Yippy plans to promote itself as 'The Five Star Search Engine'. Yippy boasts its full-time safe search mode, 100% privacy, less duplicate results, spam free answers to your queries and free, 'full text' access to 6,500 subscription based periodicals.
 
Yippy has also recently engaged with a corporate valuation firm that is used by Goldman Sachs and Deutsche Bank Group to provide direction with respect to valuation of the assets held for their most recent filing.  A full report will be made available upon its completion to the shareholders.
 
SmallCapNewsRelease gainers are http://finance.yahoo.com/news/yippy-inc-yipi-announces-2-210000114.html
 
SmallCapNewsRelease gainers are Vermillion, Inc. (NASDAQ: VRML) Encore Bancshares, Inc. (NASDAQ: EBTX) XOMA Corporation (NASDAQ: XOMA) DUSA Pharmaceuticals (NASDAQ: DUSA) Harvest Natural Resources (NYSE: HNR) Iridium Communications (NASDAQ: IRDMW) SPAR Group, Inc (NASDAQ: SGRP) Agenus Inc. (NASDAQ: AGEN)
 
SmallCapNewsRelease decliners are Oncothyreon Inc (NASDAQ: ONTY) ZELTIQ Aesthetics, Inc (NASDAQ: ZLTQ) Sunshine Heart Inc (NYSE: SSH) Aegerion Pharmaceuticals (NASDAQ: AEGR) Tibet Pharmaceuticals, Inc. (NASDAQ: TBET) Standard Motor Products (NYSE: SMP) FriendFinder Networks Inc (NYSE: FFN) U.S. Home Systems, Inc (NASDAQ: USHS)
 
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