Zippi™ Networks, Inc. Announces Series B Convertible Preferred Shares, for All Shareholders as of Oct. 1, 2010

SAN JOSE, CA-(Marketwire – 10/0710) - Zippi Networks, Inc. (Pink Sheets: ZIPZD – News), an Applications company focused on delivering entertainment, gaming, and social networking App’s for today’s mobile lifestyle, has today announced approval from the Company’s Board of Directors, to extend Series B Convertible Preferred Shares of ZIPZD.PK, to all shareholders of record, as of October 1, 2010.

Zippi has approved this transaction at a ratio of issuance of, 1 Series B Convertible Preferred Share, for each 100,000 shares of common owned, as of October 1, 2010.  These Series B Convertible Preferred Shares are convertible back into common shares at $.00001 per share; the shares carry Anti-Dilutive Provisions along with additional rights and features.

The company asks that each shareholder be prepared to prove legitimate ownership of the shares, and to also assume a nominal issuance and shipping fee of their certificate, directly from and to the company’s transfer agent; no fee’s will be taken by Zippi or any other third party. Inquiries and document requests for participation in the Series B Convertible Preferred are to be directed to investor@Zippi.com .  

Zippi CEO Robert A. Rositano Jr. stated, “We regret the conditions that lead to the company’s most recent decision to reverse split the shares of ZIPZ. Zippi has consistently made decisions based on the greater good of the company and its shareholders, at the same time looking toward the viability of the company and its market.” “Zippi has a big market opportunity and must continue to deliver new applications in a timely manner. It would be great to be correct in our decisions 100% of the time, unfortunately this isn’t always the case. Zippi believes the appropriate actions have been taken to move the business forward, proving the value of the business is going to require time, execution, and support.  The company values its shareholders and has elected to protect them in a manner best suited for this situation,” said Zippi CEO Robert A. Rositano Jr.

About Zippi Networks, Inc.:

Zippi is an Applications company; delivering consumers entertainment, gaming, and social networking App’s for today’s Mobile lifestyle.

Safe Harbor:

This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results could differ materially from those projected in the forward-looking statements as results of various factors including the ability of the company to successfully commercialize its new technologies and service offerings. The company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements, which may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

Zippi is a trademark of Zippi Networks, Inc. All other trademarks or registered trademarks are the property of their respective owners. 

Zippi "Tanker Blaster" iPhone Application Receives Quick Review and Approval by Apple

SAN JOSE, Calif., Sept. 8, 2010 (GLOBE NEWSWIRE) -- Zippi Networks, Inc. (Pink Sheets:ZIPZ - News), an Applications company focused on delivering entertainment, gaming, and social networking Apps for today's mobile lifestyle, today announced that the company has received approval of its recently updated "Tanker Blaster" application, now available at www.itunes.com and on the company's home page, located atwww.zippi.com.

Following the Oil Spill in the Gulf, Zippi quickly sought to take advantage of the increase in number of search inquiries that included the words "Gulf or Oil Spill", unfortunately the company was asked to make certain changes to the application and resubmit. Zippi has complied with the requests made by Apple, and has received a quick review and approval for its new gaming application "Tanker Blaster." With two (2) applications now live in iTunes, the company is poised to continue releasing a variety of titles in the coming months.

Robert A. Rositano Jr., CEO of Zippi Networks, Inc., stated, "Although our original 'BP Blaster' app could not be approved, I am happy with the results of our updated submission of 'Tanker Blaster.' The approval process seems to have gone very quickly this time around, and Zippi is encouraged that this will be standard procedure on submission of new Apps to come. As we now have two (2) applications live in iTunes, it is important that the company continue releasing new applications. Each application approved will continue to build brand in the app community, assist in growing our download base, revenue, and ultimately advertising within our applications."

About Zippi Networks, Inc.:

Zippi is an Applications company, delivering consumers entertainment, gaming, and social networking Apps for today's Mobile lifestyle.

Safe Harbor:

This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results could differ materially from those projected in the forward-looking statements as results of various factors including the ability of the company to successfully commercialize its new technologies and service offerings. The company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements, which may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

Zippi is a trademark of Zippi Networks, Inc. All other trademarks or registered trademarks are the property of their respective owners.

Zippi Receives Comments From Apple on BP Blaster App, and Resubmits Under "Tanker Blaster" Title for Approval

SAN JOSE, Calif., Sept. 1, 2010 (GLOBE NEWSWIRE) -- Zippi Networks, Inc. (Pink Sheets:ZIPZ - News), an Applications company focused on delivering entertainment, gaming, and social networking Apps for today's mobile lifestyle, today announced that the company has received direct communication from Apple regarding its submission of BP Blaster, an iPhone application that takes aim at BP and its Oil Spill disaster. Apple's iPhone applications representative stated that although Apple realizes Zippi is not being malicious toward BP, the topic is so sensitive it just cannot be approved in its current form.

The company has stated its intent to change the name of the game and swap out certain graphic elements immediately; the game will remain intact with a different target of destruction as the game's main objective. Zippi has now re-submitted the app under the new name of Tanker Blaster and is currently in the review process at Apple.

Robert A. Rositano Jr., CEO of Zippi Networks, Inc., stated, "We understand the sensitivity and outright anger in some respects, when the name BP or Gulf Oil Spill comes up, this was exactly why we took the opportunity to put a game out that would allow users an outlet for their frustrations. It is unfortunate we could not get this through Apple, but certainly understand their concerns. I expect we will have new information on the updated version and submission in very short order. In addition, the progress on additional Apps is very encouraging; the company will share additional updates on applications (including Zippi Swap) in the coming weeks."

About Zippi Networks, Inc.:

Zippi is an Applications company; delivering consumers entertainment, gaming, and social networking Apps for today's Mobile lifestyle.

Safe Harbor:

This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results could differ materially from those projected in the forward-looking statements as results of various factors including the ability of the company to successfully commercialize its new technologies and service offerings. The company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements, which may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

Zippi is a trademark of Zippi Networks, Inc. All other trademarks or registered trademarks are the property of their respective owners.

Wall Street Reporter, Inc. Interviews Zippi CEO Robert A. Rositano Jr., Following the Company's Recent iPhone and iPad Application Approval

SAN JOSE, Calif., Aug. 26, 2010 (GLOBE NEWSWIRE) -- Zippi Networks, Inc. (Pink Sheets:ZIPZ - News), an Applications company focused on delivering entertainment, gaming, and social networking Apps for today's mobile lifestyle, today announced an interview conducted by The Wall Street Reporter, with CEO Mr. Robert Rositano Jr.

The Wall Street Reporter is an established and important information source for public companies. The interview will be available to their global investor audience, which includes fund managers, stockbrokers, analysts, and investment bankers, as well as sophisticated individual investors. The interview is available at www.wallstreetreporter.com, or directly via the link provided below: http://www.wallstreetreporter.com/2010/08/zippi-otc-zipz-ceo-interview/

Robert A. Rositano Jr., CEO of Zippi Networks, Inc., stated, "The Company feels a great sense of accomplishment following the approval of our 'Millionaire Brain' app by Apple. Gaming applications are a very exciting category, and 'Trivia' as a vertical gaming app is receiving much attention. I feel the approval of this application helps pave the way with Apple and their approval process in general; we are looking forward to moving additional apps into Apple's approval process in the coming weeks and months."

About Zippi Networks, Inc.:

Zippi is an Applications company; delivering consumers entertainment, gaming, and social networking Apps for today's Mobile lifestyle.

Safe Harbor:

This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results could differ materially from those projected in the forward-looking statements as results of various factors including the ability of the company to successfully commercialize its new technologies and service offerings. The company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements, which may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

Zippi is a trademark of Zippi Networks, Inc. All other trademarks or registered trademarks are the property of their respective owners.

Zippi Receives Apple Approval on Millionaire Brain Application, Now Available for Both iPhone and iPad Users on iTunes

SAN JOSE, Calif., Aug. 24, 2010 (GLOBE NEWSWIRE) -- Zippi Networks, Inc. (Pink Sheets:ZIPZ - News), an Applications company focused on delivering entertainment, gaming, and social networking Apps for today's mobile lifestyle, today announced approval of its mobile trivia game application "Millionaire Brain". The game was designed and submitted to Apple on July 20, 2010, following the original submission of the application Zippi upgraded the app and re-submitted a version of the app for iPad users. Both versions are available for download at www.itunes.com .

As paid downloads of the application have begun, the company is looking at mobile advertising partners as an additional way of monetizing the application. Zippi is targeting several new releases for the remainder of 2010, and will test several methods of monetization within each application. The company intends to stick with paid downloads, free downloads, advertising, no advertising, and in application purchases that are tied to upgrade paths or additional currency for particular use within an app.

Robert A. Rositano Jr., CEO of Zippi Networks, Inc., stated, "It has been long awaited to achieve Apple's approval on at least one of our application submissions; we are very excited that 'Millionaire Brain' is now available. The approval of this application marks not only a milestone achievement for us as a company, it provides additional details, and a roadmap of sorts, allowing Zippi to streamline submissions and approval times for the future. We have announced other applications in the past as well, and we want to assure our shareholders that development has continued on 'Zippi Swap' and others. Some applications have various levels of complexity and have taken a bit more time and revision as we near completion. We are targeting a completion of 'Zippi Swap' by mid-September, and expect other app completions within this time period as well."

About Zippi Networks, Inc.:

Zippi is an Applications company; delivering consumers entertainment, gaming, and social networking App's for today's Mobile lifestyle.

Safe Harbor:

This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results could differ materially from those projected in the forward-looking statements as results of various factors including the ability of the company to successfully commercialize its new technologies and service offerings. The company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements, which may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

Zippi is a trademark of Zippi Networks, Inc. All other trademarks or registered trademarks are the property of their respective owners.

Zippi Announces Millionaire Brain, an iPhone Trivia App That Tests Your Brain Power and Ability to Make it to the Millionaire's Club

SAN JOSE, Calif., July 27, 2010 (GLOBE NEWSWIRE) -- Zippi Networks, Inc. (Pink Sheets:ZIPZ - News), an Applications company focused on delivering entertainment, gaming, and social networking Apps for today's mobile lifestyle, today announced its submission of a mobile trivia game and application, "Millionaire Brain;" the game was designed and submitted to Apple on July 20, 2010.

As trivia games continue to be a hot category and widely used by those who like to pass the time playing solitaire, "Millionaire Brain" is an application that tests, how's your brain? Users can test their worldly knowledge; this classic game gives users a challenging series of trivia questions that start out with a monetary value of $100 for each question, each time a question is answered correctly the winning amounts go up. Think you can make it to the top and join the millionaires club? Zippi challenges users all the way up to the Million dollar question, with "Millionaire Brain." Preview "Millionaire Brain" atwww.zippi.com/millionairebrain.html

Robert A. Rositano Jr., CEO of Zippi Networks, Inc., stated, "It is a huge accomplishment for us to achieve submission of an additional application as Zippi continues development on 'Zippi Swap,' and awaits approval of 'BP Blaster.' The company's progress and ability to turn out applications is very exciting. Millionaire Brain is yet another application that bares the Zippi brand. Development is steady on additional applications, and the company will continue to builds its application pipeline in several categories for the future. Upon achieving approval of any of our applications, Zippi is prepared to plug in advertising relationships that can achieve advertising revenue within the app itself."

About Zippi Networks, Inc.:

Zippi is an Applications company; delivering consumers entertainment, gaming, and social networking Apps for today's Mobile lifestyle.

Safe Harbor:

This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results could differ materially from those projected in the forward-looking statements as results of various factors including the ability of the company to successfully commercialize its new technologies and service offerings. The company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements, which may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

Zippi is a trademark of Zippi Networks, Inc. All other trademarks or registered trademarks are the property of their respective owners.

Zippi Announces Retention of Legal Counsel for Information Statement Review, in Its Effort to Achieve Current Information Status

SAN JOSE, Calif., July 13, 2010 (GLOBE NEWSWIRE) -- Zippi Networks, Inc. (Pink Sheets:ZIPZ - News), an Applications company focused on delivering entertainment, gaming, and social networking Apps for today's mobile lifestyle, today announced that the company has retained Mr. David Kahn for the specific function of reviewing Zippi's updated information statement. Mr. Kahn is a securities attorney located in California and has specific knowledge and experience in dealing with Pink Sheets companies that wish to achieve "Current Status" with www.pinksheets.com.

Zippi has long resided on the Pink Sheets with no better than a "Yield" status, which means limited information. As the company re-positioned its business in the mobile application marketplace, and since has been announcing its progress on several iPhone based mobile apps, the decision to attempt a "Current Status" with pinksheets.com has been made by management. Following an acceptance of its information statement in review, the company will be required to post subsequent Quarterly Reports pursuant to Section Two and Annual Reports pursuant to Section One, of the Guidelines for Providing Adequate Current Information (PDF), as well as posting an Attorney Letter for each such period.

Additional requirements include, the Verification that the company has posted the required Quarterly Reports within 45 days following each quarter end and Annual Reports within 90 days following each fiscal year end.

Robert A. Rositano Jr., CEO of Zippi Networks, Inc., stated, "Achieving current information status has always been a goal of the company, and it is time that we make this a reality. Current and future investors will have easy access to updated information with a current status reflected at pinksheets.com, and we are hopeful that these moves will be one of many positive developments as Zippi continues to make great strides in executing on its mobile applications business model."

About Zippi Networks, Inc.:

Zippi is an Applications company delivering consumers entertainment, gaming, and social networking Apps for today's Mobile lifestyle.

Safe Harbor:

This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results could differ materially from those projected in the forward-looking statements as a result of various factors including the ability of the company to successfully commercialize its new technologies and service offerings. The company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements, which may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

Zippi is a trademark of Zippi Networks, Inc. All other trademarks or registered trademarks are the property of their respective owners.