Shares of Yippy (OTC: YIPI) are up 9% on news that it will support Globalstar, Inc.’s (NYSE: GSAT) initiative to market its compression software and intranet data services. Yippy also noted that it recently completed production level environment for Globalstar’s Generation 2 network, surpassing performance requirements. Yippy’s software platform features advanced data compression technology that significantly decreases webpage load times for Internet access and intranet document retrieval. “Satellite bandwidth is a finite asset, and most satellite providers have an immediate need to reduce bandwidth overhead per subscriber across their networks. Our compression technology does just that, and is production ready for immediate consumption,” Yippy CEO Richard Granville stated in the news release.
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About Globalstar, Inc.
Globalstar is a provider of mobile satellite voice and data services. Customers around the world in industries such as government, emergency management, marine, logging, oil & gas and outdoor recreation rely on Globalstar to conduct business smarter and faster, maintain peace of mind and access emergency personnel. Globalstar data solutions are ideal for various asset and personal tracking, data monitoring, SCADA and IoT applications. The company’s products include mobile and fixed satellite telephones, the innovative Sat-Fi satellite hotspot, Simplex and Duplex satellite data modems, tracking devices and flexible service packages. For more information, visit www.globalstar.com.
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. For more information, visit www.yippyinc.com.
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