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Yap International appoints Telecommunications Executive Joseph Weaver as President and Chief Operating Officer LOS ANGELES, CA, Sept. 27 /PRNewswire-FirstCall/ -- Yap International, Inc. (YPIL.PK - OTC), a provider of Voice over Internet Protocol ("VoIP") communication services and products, today announced that it has appointed Joseph Weaver as President and Chief Operating Officer of Yap International.Mr. Weaver has held numerous positions and consulted for many industry leaders and leading edge companies in the telecommunication and technology sectors including Bell Laboratories, AT&T, UC Hub, TGEC, DCI, LaTel, PacketSwitch, TeleHub Communications Corporation and WebGear. In addition, he has provided consulting services to Fortune 100 Companies such as IBM, and Phillip Morris. Mr. Weaver has negotiated and completed interconnection agreements with many PTT's (post, telephone and telegraphs) that include PLDT of the Philippines, China Telecom, Telecom New Zealand, VNPT (Vietnam Post and Telecommunications Corporation) and Chungwa of Taiwan, booking revenues in excess of $250 million a year. Mr. Weaver also has extensive international business experience, having spent 10 years as Managing Director of a company where he was directly responsible for re-engineering the company's strategic direction. His efforts resulted in revenue increase from $200 million to $1.5 billion in less than three years. In this position Mr. Weaver managed the activities of 1,152 employees and four international business offices on four continents. "The Company's proprietary technologies position Yap International to rapidly become the industry leader in the VoIP marketplace," states Weaver, "our products do not require our end users to have a computer or broadband connection to take advantage of the significant cost savings that VoIP provides. Our proprietary technology provides us extremely competitive positioning in the global marketplace and enables Yap to address 90% of the market that our competitors can not." Weaver holds a Bachelor of Science Degree and a Bachelor of Arts Degree, which he obtained at Widner University. In order to create this position for Joseph Weaver, the Company also announces that Jan Olivier has moved from President, to Chairman Of The Board and will maintain his position as Chief Executive Officer of Yap International. About Yap International, Inc. Yap International, Inc. is a multi-national Internet Communications Company developing cost effective telecommunications through Voice over Internet Protocol (VoIP) technologies. The Company currently holds the worldwide marketing rights for the only VoIP technology that requires no computer or high speed Internet connection and works in conjunction with any standard push button phone to access VoIP savings. The Company plans on targeting the market of more than 1.1 billion telephones worldwide, but specifically, the international calling market as it pertains to foreign-born residents living in the United States and Canada. The company is headquartered in Las Vegas with administrative offices in Vancouver and sales offices in Los Angeles. To learn more about Yap International, Inc. please visit us at http://www.yapint.com/ For further information please contact: Investor Relations Darren (604) 601-8432 email: [email protected] This media release may contain forward-looking statements regarding, but not limited to, management, market potential, distributor success, market size, international sales, marketing, future events and performance of the Company which involve risks and uncertainties that could materially affect actual results. Investors should refer to documents that the Company intends to file with the SEC for a description of certain factors that could cause actual results to vary from current expectations and the forward-looking statements contained in this media release. Yap International, Inc. CONTACT: Investor Relations: Darren, (604) 601-8432,email: [email protected] |