Zippi's Blog

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

2010-10-06T14:32:00.001-07:00

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

2010-09-08T10:22:00.000-07:00

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 at www.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:

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

2010-09-08T10:19:00.001-07:00

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:

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

2010-09-08T10:17:00.000-07:00

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:

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

2010-09-08T10:12:00.001-07:00

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:

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

2010-07-27T11:12:00.001-07:00

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" at www.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:

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

2010-07-27T11:11:00.001-07:00

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.

Zippi CEO is Interviewed by StockGoodies.com to Discuss the Current Business and Future Revenue Channels

2010-07-27T11:10:00.001-07:00

SAN JOSE, Calif., June 30, 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 CEO Mr. Robert Rositano Jr. will be the featured guest interview on the fastest growing Stock Trading community, StockGoodies.com. The interview will be held today, June 30, 2010 at 8:00 p.m. EDT.

The interview can be heard at http://www.blogtalkradio.com/stockgoodies . The archived version can be found on the homepage of www.StockGoodies.com . StockGoodies is a leading publisher of news, perspective, and marketing intelligence on all forms of equity trading: pennies, micro-cap, mid and large cap and options. The company's vision is to empower self-directed investors by narrowing the gap between individual traders and professionals.

Robert A. Rositano Jr., CEO of Zippi Networks, Inc., stated, "I am always interested in opportunities to present Zippi and our vision for the future. StockGoodies seems to have an audience of listeners and potential investors that like to be kept current on fledgling companies, trends, and opportunities that may prove to be future leaders in a marketplace moving forward. The opportunity is appreciated, I hope the listeners become interested in Zippi and where we are headed."

About Zippi Networks, Inc.:

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

Safe Harbor:

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

Zippi Announces BP Blaster, an iPhone Gaming App Allowing Users to Take Aim at BP With a Novel Game Recently Submitted to Apple

2010-07-27T11:09:00.001-07:00

SAN JOSE, Calif., June 22, 2010 (GLOBE NEWSWIRE) -- Zippi Networks, Inc. (Pink Sheets:ZIPZ - News), an Applications company focused on delivering entertainment, gaming, and social networking App's for today's mobile lifestyle, today announced its submission of a mobile gaming application, "BP Blaster". The game was designed and submitted to Apple on June 18, 2010.

As the Gulf Oil Spill continues to make headlines, Zippi has just developed and submitted "BP Blaster"! Consumers are now invited to vent their frustrations creatively, taking charge of the Oil Tankers themselves. As BP Logos launch from tankers, users attempt to contain and blow up each BP Logo upon lift-off. Successful hits on each target results in gaming points, as each BP Logo gets blown up as quickly as possible. Containment is key, users cannot allow BP to hit the top of the screen. "BP Blaster" is simple and fun, with 3 levels of game play that will challenge even the most skilled gamers. Preview "BP Blaster" at www.zippi.com/bpblaster.html.

With its current release of "BP Blaster", Zippi continues development on its "Zippi Swap" application as well. The company has stated it is running several application development cycles in parallel, and will continue to release applications as they have been tested and completed. Zippi is targeting the release date of its "Zippi Swap" application in August 2010.

Robert A. Rositano Jr., CEO of Zippi Networks, Inc., stated, "We have embraced the power of mobile applications within the Zippi business model, and now that we have several applications in development the company intends to continue filling the pipeline with a variety of applications, while launching new ones as they become available. Whether we decide to build or buy for the future, Zippi is marching toward a variety of apps in several different categories for 2010."

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:

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

Zippi Announces Revenue Channel Targets, and Releases Projections for 2010 through 2012.

2010-05-26T01:04:00.000-07:00

SAN JOSE, Calif., May 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 released its target revenue projections, and annual application release targets for 2010 through 2012. Detailed industry data detailing substantial growth is also included, validating the growth in the application marketplace and revenue channels of this new Mobile economy.

The company's revenue channels encompass three key areas of monetization; free and paid Application downloads, in Application purchases, and Advertising within the Applications themselves. A recent article posted by Lawrence Coburn on March 8^th, 2010 discusses the many facets of Mobile Applications and the monetization layer that has been created in the marketplace: "Jupiter Research predicts that Mobile location based services alone will account for $12.7B in revenue by 2014, broadly divided by application downloads and advertising." View the entire article at http://thenextweb.com/location/2010/03/08/revenue-models-location/

Robert A. Rositano Jr., CEO of Zippi Networks, Inc., stated, "The latest industry statistics show the potential in the Mobile Apps' market to be on par, if not greater than what was seen in the mid 90's dot com boom and the emergence of the World Wide Web. During this time everyone who wanted to be sure their business would be accessible or even taken seriously needed to have a Web site. We have now entered an era of Mobility, with technology so advanced that location and demographic based tracking are built into Mobile Applications. Zippi has redefined itself in this application specific environment and is targeting 10-14 new Mobile Application releases each calendar year. Zippi Swap will be our first release with others to follow quickly behind, we have several Apps ready for in house development and also plan to acquire others from third party developers, please visit our revenue model and financial projections for details at: www.zippi.com/app/projections."

About Zippi Networks, Inc.:

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

Safe Harbor:

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

Zippi Releases New Web Site to Showcase Applications

2010-05-17T01:34:00.000-07:00

SAN JOSE, CA-(Marketwire – 05/17/10) - Zippi Networks, Inc. (Pink Sheets: ZIPZ – News), an Applications company focused on delivering entertainment, gaming, and social networking App’s for today’s mobile lifestyle, today released its web property’s new look and features that are designed to take advantage of the companies new social networking presence on Twitter, Blogger, and Facebook. The new site is a look into the future of the Zippi brand and can be viewed at www.zippi.com , as mobile devices and the mobile application marketplace continue to grow rapidly.

The company’s new web site positions the business as an application provider, to showcase newly developed and acquired applications. Zippi’s recent announcements have discussed the company’s migration of certain core business assets into an application based offer, “Zippi Swap.” As development is now underway, Zippi has targeted additional application titles in the entertainment, gaming, and social networking category’s.

Robert A. Rositano Jr., CEO of Zippi Networks, Inc., stated “We need to think of Zippi as a brand, a brand with a vision. Sure we have created products and services in the past, and we are now set to leverage these assets in an entirely new format, mobile applications. As I recall the early days of the Internet and our IPO of Netcom Online Communications, people didn’t really understand what the internet was and why they needed it, and by the time Netcom was sold to Earthlink, the Internet was being used in everyday conversations.” “We are once again seeing a glimpse of the future and devices that are going to rule it. Mobile applications are quickly becoming a way of life; it’s time to create the future of Zippi and to realize our ultimate vision of becoming a leading provider of mobile applications for Apple’s iPhone and iPad. Quickly introducing category specific app’s, all under the Zippi brand,” said Rositano Jr.

Zippi to Review Mobile and Web Based Applications for Future Acquisition

2010-05-16T16:09:00.000-07:00

SAN JOSE, Calif., May 5, 2010 (GLOBE NEWSWIRE) -- Zippi Networks, Inc. (Pink Sheets:ZIPZ - News), a leading provider of mobile and web-based applications, today announced its plans to begin reviewing acquisition opportunities in the mobile and web based applications market. In addition to the company's current and future applications to be developed in house, Zippi is targeting current applications that have achieved market rank, user base, and revenue in all categories as potential candidates.

As Zippi moves its existing asset base to an application based deliverable, the growth in mobile and web based applications continues to increase. Technology advancements have made it possible to rapidly deploy and manage otherwise complex transactions through the distribution of simple interactive applications. Zippi believes its brand lends itself to this new medium with fun, fast, and simple being communicated in the company's name.

Robert A. Rositano Jr., CEO of Zippi Networks, Inc., stated, "Being in and around the internet when the World Wide Web first became a reality, it is relatively easy to see that applications are moving as fast, if not faster than the appearance of web sites back in the early '90s. Zippi has developed many products and services that will soon be offered exclusively through its new applications, and intends to build and acquire significantly more application assets in the coming months. Applications are the future of distribution and rich content experience," said Rositano Jr.

Zippi is encouraging individuals and companies to submit mobile and web based applications for review and potential acquisition offers to the following address: appreview@zippi.com; all submissions should be accompanied by name, rank, revenue, user numbers and direct link to download the app.

Zippi Announces Conference Call to Discuss New Mobile Application Features and the Future of Mobile Focus

2010-05-16T16:08:00.000-07:00

SAN JOSE, Calif., April 27, 2010 (GLOBE NEWSWIRE) -- Zippi Networks, Inc. (Pink Sheets:ZIPZ - News), a leading provider of mobile and web-based commerce applications, today announces a scheduled conference call to provide additional insight and information related to its Mobile application development, feature set, and the future of applications within its business model. The company cordially invites all shareholders and interested parties to participate in this call.

Conference call detail:

Date: April 28, 2010

An archive copy of this call will be posted shortly. :)

Zippi Unveils the Features of Its New Mobile Application, and Expands Mobile Focus

2010-05-16T16:06:00.000-07:00

SAN JOSE, Calif., April 27, 2010 (GLOBE NEWSWIRE) -- Zippi Networks, Inc. (Pink Sheets:ZIPZ - News), a leading provider of mobile and web-based commerce applications, today unveiled certain details of its Mobile application. As part of Zippi's recently announced 2010 strategy, they have identified the need for an entirely new iPhone application. An entirely new platform, simple functionality, ease of use, and video shopping features are the key elements to be offered in this application. For additional information and screen shots of the application please visit www.zippi.com/mobile2.

As internet selling and shopping dominates traditional retail, Zippi's application truly simplifies online selling, along with providing a video shopping experience. Zippi has developed several sales platforms over the years with varying levels of results. The benefits of these experiences have afforded the company the ability to move into the future of networking and online commerce through mobile applications. Advancements in technology have provided consumers the ability to be mobile, and also make split second decisions. Zippi is adapting to this trend.

Robert A. Rositano Jr., CEO of Zippi Networks, Inc., stated, "As management has outlined Zippi's 2010 strategy, the driver of this strategy is our mobile application. It is clear that mobility and mobile applications are driving future distribution on many levels and are a much richer experience than the web can even provide, in my opinion. It is exciting to be part of a new revolution beginning to unfold in today's economy."

As its mobile application nears completion the company will provide release date submissions to Apple and details on when it can be downloaded through iTunes.