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Viyya Xandros Agreement Projects $30 Million Revenue Stream

SOURCE:

Viyya Technologies

2008-08-07 09:52:00

Viyya Xandros Agreement Projects $30 Million Revenue Stream

Viyya Xandros Agreement Projects $30 Million Revenue Stream

Viyya Embedded on Worldwide Linux Platform

FAIRFIELD, NJ–(EMWNews – August 7, 2008) – Viyya Technologies, Inc. (PINKSHEETS: VYON),

the developer and marketer of the world’s most advanced, web-based content

management application, announced today its expectations in revenue

production as the Strategic Licensing Agreement with Xandros, Inc. embeds

the Viyya technology in next-generation Linux desktop and server products,

Mobile Internet Devices (MID), and advanced cross-platform Windows-Linux

management tools.

With this contract, Viyya and Xandros enhance their abilities to meet the

needs of the growing number of Linux desktop and mobile users of the world

class Original Equipment Manufacturers (OEMs) that represent the reseller

and partner programs of Xandros.

The Strategic Licensing Agreement provides a means for the companies to

mutually benefit from the recurring revenue stream generated by embedding

the Viyya product into the Xandros product lines. The companies will work

together with Xandros OEMs to ensure that there is a cohesive strategy

pertaining to marketing, technical, and user support requirements.

Both companies believe there is a tremendous market opportunity in that the

size of the Linux NetBook market alone will exceed hundreds of millions of

users. Embedding the Viyya product with the Xandros products creates a one

time immediate license component, and a recurring revenue vehicle of $1.99

to $9.95 per month per user depending on the software version purchased by

the end user, each will be shared by both companies.

According to John Bay, Viyya CEO, “We’ve worked with the management of

Xandros to develop revenue projections based on their delivery forecasts

for the next three years and based upon these conservative figures,

combined license and recurring revenues stemming from this contract will

surpass $60 million over the period.”

Additionally, based upon the strong synergy that each company believes

exists in this relationship, the Strategic Licensing Agreement allows for

productive future combined efforts to take advantage of the Viyya

technology’s capability to manage the “content and convergence” that will

be required as availability of information continues to explode in the

marketplace.

For our company and our shareholders, Bay continued, “We’re expecting to

generate revenue from this opportunity during the fourth quarter of 2008

and to use this period as our platform for achieving revenues from this

relationship with Xandros of $4.9 million in 2009, $10.6 million in 2010

and $14.7 million in 2011.”

Viyya management will release additional information regarding this

agreement over the coming weeks such as product releases, implementation

and distribution to partners and other pertinent items.

About Viyya Technologies

Viyya Technologies (PINKSHEETS: VYON) is the developer and marketer of the

world’s most advanced, web-based information management application. The

company’s core technology manages disparate information from the Internet,

corporate intranets, databases, newsgroups, email, and third-party feeds by

enabling users to customize the way they collect, process, distribute and

store data. VIYYA™ gives users the ability to retrieve filtered content

from many sources, determine the relevancy of the information, and have the

information processed into notifications, daily reminders, newspapers, or

archived for future use. 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.

Contact:
Joseph Forese
973.276.0555

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