Yippy, Inc. (YIPI) Files Federal Lawsuit Against Magna

NEW YORK, Oct. 11, 2017 /PRNewswire/ -- Yippy, Inc. (OTCMKTS: YIPI) ("Yippy" or the "Company"), an enterprise unification company known for its leading search and insight driven Yippy EASE 360 platform, filed a Federal lawsuit against Magna Group LLC and Hanover Holdings I, LLC (together "Magna") after Magna defaulted on its obligation to deliver 200,000 shares of restricted stock for $1 per share.

A copy of Yippy's lawsuit, filed in the United States District Court for the Southern District of New York, is available for review at http://www.jhs.nyc/news/2017/10/11/yippy-sues-toxic-financier

About Yippy, Inc.

Based in Atlanta, GA, Yippy, Inc. is a technology company that specializes in the development of search-based applications, data normalization, compression/optimization and aggregation through enterprise application (app) service environments (EASE).  Yippy's proprietary product suites are deployed to provide secure, redundant and maintained data services.  The Company also provides the most advanced search appliance and is the best alternative for those seeking a replacement for the Google Search Appliance (GSA).  The Company also operates several online internet properties and educational reference portals.  Investors can find current financial disclosure for the Company at http://www.otcmarkets.com/stock/YIPI/filings.

Forward-Looking Statements

The information contained herein includes forward-looking statements.  We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.  Additional information on risks and other factors that may affect the business and financial results of Yippy, Inc. can be found in the filings of Yippy, Inc. on OTC Markets (www.otcmarkets.com).

Source: Yippy

SOURCE Yippy, Inc.