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ZIPPI™ NETWORKS, INC. ANNOUNCES A REVERSE STOCK SPLIT

Zippi™ Networks, Inc. (Pink Sheets:ZIPI), the innovative force empowering a new generation of online sellers, today announced that the company’s Board of Directors, Officers, Directors, and Majority shareholders have approved and authorized a one (1) for ten (10) reverse stock split. Zippi Networks, Inc. has filed all the necessary paperwork to affect this reverse split as well as a change of its ticker symbol from ZPNW.PK to ZIPI.PK. The terms of the split may require all shareholders to turn in physical certificates in order to receive their new shares, NASDAQ has provided approval of the split and notified the company that trading will resume under the new symbol as of March 14, 2008.

“This reverse split should benefit our shareholders in several ways. The movement to a smaller number of traded shares will allow us to better serve our legitimate shareholders, better identify potential short positions that we believe may have existed in our stock, as well as sending a message to the marketplace that we are positioning ourselves as a company worthy of serious consideration as we have successfully moved out of our development stage and into our marketing and expansion mode,” said Zippi CEO Robert A. Rositano Jr.

“Our timing of this restructure is also significant, as the company continues its progress of its fund-raising efforts for growth capital that coincides with several key marketing and advertising initiatives to grow our existing revenues at a much faster rate. We are extremely excited about the future of Zippi becoming a household name, and look forward to making additional important announcements in the coming weeks and months.”

About Zippi Networks, Inc.

Zippi Networks, Inc. arms a new generation of online sellers with the advanced tools and strategies to free themselves from shrinking profits, unnecessary competition, a dwindling number of unique items to merchandise, and inventory overhead. The industry's first one-call 1-877-GO-ZIPPI pickup-and-sell service, advanced technology and a revolutionary business model (patents pending) allow Zippi to simplify the process so much that anyone can sell online and earn the cash they deserve. At the same time, professional tools - such as the industry's first enterprise-level palmtop device for completely integrated anywhere/anytime online selling - along with a supportive network and infrastructure, simplify the "leap" to becoming a successful online sales entrepreneur. Zippi Networks, Inc., a publicly traded company (ZIPI.PK) since 2006, is headquartered in San Jose, Calif. For additional information, please visit http://www.zippi.com.

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.

Contacts:

Zippi Networks, Inc.
Robert A. Rositano Jr., 408-884-2020 x1101
[e-mail]
Karen Ashley, 408-884-2006
[e-mail]

Source: Zippi Networks, Inc.