Zippi Announces Company Update and Ground Zero Approach to Re-Tooled Product Offerings

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Thu Nov 12, 2009 7:00am EST

Zippi Announces Company Update and Ground Zero Approach to Re-Tooled Product
Offerings




SAN JOSE, Calif., Nov. 12 /PRNewswire-FirstCall/ -- Zippi Networks, Inc.,
(Pink Sheets: ZIPZ) a leading provider of mobile, web-based, and
telecommunications based commerce applications that enable Americans to
recycle their "Clutter into Cash," today announced a general company update
which touches on several key milestones that have been achieved throughout the
course of Zippi's lifecycle, its re-tooling efforts, and also confirming the
company's readiness to re-build its customer base with a new and improved
suite of product and service offerings.

Zippi is a company founded over 3.5 years ago with very high expectations in
providing a viable solution to home based business owners known as eBay
sellers or power sellers. Its business is also built on a service that allows
consumers a hassle free way of turning "Clutter into Cash". To date Zippi's
founders, along with friends and family have invested personal capital and
loan guarantees of approximately $6.8 million dollars, the company has raised
approximately $8 million in total with the founders deeply committed
financially and operationally. Zippi came to market with a very broad base of
products, services, technology, and content that have all centered on the
creation of its multimillion-dollar brand. The company branched out quickly in
multiple directions, which became difficult to effectively manage without
fully understanding the areas of growth that would provide viability for the
future. 

The company has been contending with a series of downsizing exercises and debt
re-structuring efforts as management continues its focus on the delivery of
Zippi products and services. Data collection along with a re-tooling of its
products and services has strengthened the company's footing in being an
instrumental component in streamlining the eBay process. As evidenced in
recent announcements Zippi has secured a relationship with a very synergistic
partner in "EMI" and is continuing to expand relationships with additional
partners that will assist in growing the company's business. 

Robert A. Rositano Jr. CEO of Zippi Networks, Inc. stated "Looking back on
what we and our shareholders have experienced, there are things we recognize
now that will enable us to avoid certain pit falls going forward. In
fine-tuning our services/products we now have a selectively focused approach
in achieving scalable results. Staying focused on one offer and expanding
based on its success will lead us to utilizing a broad base of assets that are
ready and waiting to be put to use. We are excited about Zippi 2.0".

About the Company:

Zippi(TM) Networks, Inc. (publicly traded: ZIPZ.PK), headquartered in San
Jose, Calif., has created a revolutionary business process (three US Patents
Pending), together with the ease of hand-held mobile technology, social
networking, and the ability to recycle that empowers a new generation of
online sellers. Founded in 2006, Zippi engages consumers with an easy toll
free telephone number designed to allow everyone who becomes a "Zippi Club
Member" an easy hassle free way of selling items online; by phoning
1-877-GO-ZIPPI an item owner can receive a quick "mini appraisal" Zippi then
connects this appraisal and customer with the appropriate "Zipster" (eBay
seller), Zippi handles the pre-screening of the "Zipster" and pulls the best
seller for the job to handle the entire transaction. 

Zippi's offerings target consumers and existing eBay "Trading Assistants /
Power Sellers", ultimately for the benefit of the eBay community. The strength
of the eBay community resides in eBay's very own message "the power of all of
us", with Zippi each and every eBay seller can embrace the power of many,
allowing each "Zipster" to scale earnings and eliminate competition by
building a steady stream of business, team members, and sales with Zippi, for
the eBay community.  

Safe Harbor Statement 
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.



SOURCE  Zippi Networks, Inc.

Robert Rositano Jr., +1-408-884-2001, robert@zippi.com, or Karen Ashley,
+1-408-884-2006, karen@zippi.com, investor@zippi.com, both of Zippi Networks,
Inc.
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