NEW YORK, NY / ACCESSWIRE / March 25, 2015 / Yappn Corp. (OCTQB:YPPN) ("Yappn" or "Company") is pleased to announce that under its partnership with TranzActive, it has received exclusive access to the United States Patent and Trademark Office patent for "Translation System and Method for Multiple Instant Message Networks," for the social media and Ecommerce space.
United States Patent No. US 8,983,850 B2 was granted on March 17, 2015, and it is described as follows:
A method and system provides a graphical user interface for instant messaging on any of a plurality of instant messaging networks. The interface provides a roster of contacts in each instant messaging network. Instant messages entered through the interface are machine translated into a preferred language for each intended recipient contact. The translated message is sent over the respective instant messaging networks of the intended recipient contacts. Response messages are translated into the source language of the user of the graphical user interface.
The patent, with Provisional application in July, 2011, was formally applied for in July 2012, allowing for the protection of the technology where instant messages are translated for communication purposes between languages. The patent was granted to Ortsbo Inc., which is now branded under the name TranzActive, a division of Intertainment Media Inc (TSX VENTURE:INT / US:ITMTF / FRA:I4T), a majority shareholder of Yappn. Yappn has an agreement to exclusively use this technology across its network and a right of first refusal to purchase the properties of Ortsbo.
Yappn will be using the patent for its real-time language services offerings as it enables messaging as part of its real-time multilingual service suite of Marketing, Ecommerce and Customer Support programs globally.
"Instant messaging continues to gain momentum throughout the global landscape and is an integral part of the Ecommerce value chain as consumers interact with each other and brands," said Mr. David Lucatch, Founder and CEO of Yappn. "The patent validates the initial programs that Yappn launched for its engagement model and allows people across the world to interact without a language barrier making it easier to communication with each other regardless of language or messaging system."
For more information, please visit www.yappn.com / www.digitalwidgetfactory.com / www.yadmark.com / www.yaffiliatemarketing.com.
To learn more about Why Language Matters to a growing global economy, visit our blog at www.whylanguagematters.com.
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About Yappn
Yappn is a real-time multilingual company that amplifies brand messaging, helps conduct commerce and provides customer support by globalizing these experiences with its proprietary approach to language in a cost effective way. Through its real-time multilingual amplification platform, Yappn eliminates the language barrier, allowing the free flow of communications in 67 languages.
In addition to Yappn, FotoYapp (www.fotoyapp.com) provides consumers, brands and Influencers with the ability to share media content (images, video, audio, etc.) instantly across the global social sphere with all major social posts in a single environment in almost any language allowing global participants to interact with each other, regardless of their native tongue.
Yappn Corp. is publicly traded in the U.S. on the OTCQB - symbol "YPPN" Intertainment Media Inc. (TSX VENTURE:INT / OTC:ITMTF / FRA: I4T), a leading technology incubator, has a controlling interest in Yappn Corp.
For more information, please visit http://www.yappn.com or contact:
David Lucatch, Founder and CEO
info@yappn.com
or
Jeanny So, VP, Corporate Communications
jeanny@yappn.com
T: 1.800.395.9943 x 228
To be added to the news release distribution list, please email: jeanny@yappn.com with the word "News" on the subject line.
Forward Looking Information
Legal Notice and Safe Harbor Statement
This press release contains "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical fact, and those preceded by or that include the words "believes," "expects," "given," "targets," "intends," "anticipates," "plans," "projects," "forecasts" or similar expressions, are "forward-looking statements." Although Yappn Corp.'s management believes that such forward-looking statements are reasonable; it cannot guarantee that such expectations are, or will be, correct. These forward-looking statements involve a number of risks and uncertainties, which could cause the Company's future results to differ materially from those anticipated. Additional information regarding the factors that may cause actual results to differ materially from these forward-looking statements is available in the Company's filings with the SEC including the Current Report on Form 8-K filed on April 3, 2013 and each subsequently filed Quarterly Report on Form 10-Q and Current Report on Form 8-K. The Company assumes no obligation to update any of the information contained or referenced in this press release.
SOURCE: Yappn Corp.