SAN JOSE, Calif., May 20, 2009 (GLOBE NEWSWIRE) -- Zippi Networks Inc., (Pink Sheets:ZIPN) a leading provider of mobile commerce applications that enable Americans to recycle their "Clutter into Cash," today announced its new updated pricing for each download of the "Zippi Cash(tm)" iPhone application. The company now has over thirty (30) days of data and has been reviewing the download patterns of its application which was released and previously priced at $9.95 per download.
Although the viral distribution of the application has been met with great reviews and a very popular rating, the number of downloads has not shown the growth needed to justify a great deal of marketing spend by the company. Zippi has re-priced its application to $2.99 in an effort to achieve a higher volume of downloads, along with wider spread distribution. Zippi will begin to test and deliver several viral marketing campaigns in the coming weeks designed to fill its product pipeline, messaging will be consumer facing and centered around the "Clutter Out. Cash In" opportunity through 877-GO-ZIPPI.
Robert A. Rositano Jr., CEO Zippi Networks, Inc. stated, "The 'Zippi Cash(tm)' application was developed as a gateway to the Zippi Network, allowing anyone an opportunity to check the salability and value of an item prior to requesting the assistance of Zippi. We view this application as just one more way of making eBay accessible to those who just don't have the time or know how when it comes to eBay's cumbersome process. Zippi continues to adjust and tailor its model toward mobile tools, accessibility and brand recognition. Our goal is for 1-877-GO-ZIPPI to be the solution for turning clutter into cash, and recognized much like 1-800-DENTIST is for Dental referrals."
About the Company:
Zippi(tm) Networks, Inc. (Pink Sheets:ZIPN), headquartered in San Jose, Calif., and Founded in 2006 is a leading provider of mobile commerce applications that create jobs and enable Americans to recycle their "Clutter into Cash." This revolutionary business process has three US Patents Pending and promises to engage consumers with the ease of a toll free Hotline that takes the guesswork out of pricing and selling items online. Zippi allows consumers of all ages to "Free Themselves" with advanced mobile technology that allows everyone an easy hassle-free way of turning clutter into cash, recycling, and earning an income with the Zippi Network. The "Zippi Cash" mobile iPhone application is the first in a consumer line of products that provides appraisal information to an item owner prior to listing. Zippi Cash will also connect directly to the seller network to handle the entire transaction for those who wish to cash in without the hassle of actually listing and selling themselves. Future versions of Zippi's mobile commerce applications will allow users to list items themselves as they choose and build income for a complete home based business in the palm of their hand.
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.