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Friday, March 17, 2017 11:39:43 AM
Mike Pointer and his team (still part of $YIPI). ... we lost one of his team (travel related), but they are being replaced with another IBM employee. We have a long list of people that want to come to Yippy from IBM. As you now we have a very close relationship with IBM.
Yippy currently has about $15M in TCV in our pipeline. We are closing above 90%, with sales cycles averaging 6-8 months. We booked a very solid last quarter which will be announced shortly. This quarter will take us into the 7 figures for the FY ending May 31, 2017 and we are looking confidently at 8 figures for FY 2018. Our partnerships are going very well on all fronts, and we will be making additional updates shortly.
Also, the partnership with Inmarsat and Globalstar is going to be very good for all parties including Yippy in the near term. I want to congratulate them on the deal. It just makes too much sense for GEO and LEO to unify with compression technology and create a truly global ubiquitous network. I love it.
take care...
rich
404-769-0982
Christian Prayer Room #board-9826
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