InvestorsHub Logo

Welcome2Pinkyland

10/27/16 9:34 AM

#51506 RE: shajandr #51502

GSAT has awarded a contract to technology company Yippy, Inc. (OTC: YIPI) to provide private cloud data services utilizing Globalstar’s satellite network and devices. Globalstar customers will have the ability to more easily gain access to internet connectivity when beyond cellular, making it easier to stay connected, efficiently maintain secure business operations and send and receive critical data.
The companies have reached an agreement to build out a global ubiquitous network utilizing the Yippy EASE 360 platform. This network will allow Globalstar customers to access online information as well as corporate data silos with enhanced download and upload speeds with a focus on primary content. While Globalstar already maintains the highest data speeds in the industry which will improve up to 25x with the next generation ground infrastructure, the EASE 360 platform significantly enhances the customer experience such that web pages and content downloads/uploads are materially faster while maintaining a secure connection.

Regardless of what happens with the FCC decision Globalstar and YIPPY will be very busy with their existing and growing customer data base.

https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=148845