VYPA India Private Limited Signs a 3-Year Broadcast License and Rev-Share Agreement for Sri SankaraTV a National Broadcaster in India

Mumbai, India - (FreeBusinessWire - Press Release Newswire) - (June 14, 2012) – VYPA Corporation, the provider of iSocialTV Global Initiative through its subsidiary Master System Operator VYPA India PVT LTD announced today the execution of Rev-Share Agreement (PTA) with Kamadhenu Tele Films Pvt. Ltd.

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“In 2012, Sir Sankara TV will launch its Interactive Social Media Broadcast through iSocialTV in India. SRI SANKARA TV is a National Spiritual Multi-lingual well-being satellite Television Channel guaranteed to attract and hold viewers. In this bhakthi channel, devotional channel or spiritual channel, Sri Sankara TV live is an all in one system for spiritual needs. This devotional channel’s creativity, quality and content of the programming will reset standards. SRI SANKARA TV concept is to provide enlightened entertainment in the modern context, which will allow audiences to revisit ancient Indian and world wisdom and tradition, thus reviving spiritual values that bring harmony to the soul.” Said Mr. Harikrishnan, Director of Kamadhenu Tele Films Pvt. Ltd

“Reaching 40-100M viewers throughout India Sri Sankara TV, broadcasts many devotional and Bhakthi events LIVE for interactive audiences who are seriously looking for Bhakthi TV or Spiritual TV on their television sets. Sri Sankara TV is available on main south Indian languages like Kannada, Tamil and English and more to come in the near future. Sri Sankara TV is an Ideal platform to increase Indian spiritual horizons in terms of understanding Hindutva and Anmigam. The best Kannada Channel and the Tamil Channel for bhakthi and spiritual events.” said Mr. Shiva Shankar CEO of VYPA India Pvt. Ltd.

For the first time, we will be introducing a host of new interactive digital media founded on Sri Sankara TV content combined with user generated programs that will bring interactive applications such as Spiritual, Wellness, Tele-health and Financial advisory services serving viewers, and paid subscribers.

Through NetStairs.com ( a Maxwell Rand Company), VYPA India will launch ISocialTV in a private IP network which could assist service provider to enhance assurance in digital quality of signals for consumers while public Internet will allow access to 335+ social media sites including Facebook, Twitter and even YouTube. Sri SankaraTV will become “India’s First Interactive Digital Social Media Broadcast” venue that combines social media aspect while tailoring to the needs of India’s largest democracy with diversity in its multifaceted culture, people, religion, and languages.

VYPA India will be working with telecom, cable operators, Free-to-Air, broadband ISP, production houses and other IPTV services providers with the opportunity serving India’s diversified population here and abroad. In the next few years, as India is transforming from analogue to digital signals, the market benevolences a vast market opportunity serving hundreds of millions of viewers.” said, Mr M. Vijjay CEO of VYPA Corp.

ABOUT VYPA CORPORATION

VYPA Corp™ is the master licensee of iSocialTV™ Global Initiative. The company provides its Master System Operator (MSO) grid through deployment of Authorized System Operators (SO) alliance with revenue share partnership. iSocialTV is the 5th generation of Interactive Digital Social Media Broadcast that integrates many popular venues into one seamless interactive broadcast platform. VYPA and its strategic alliance provide digital social media broadcast services through NetStairs backbone platforms.

In 2010, NetStairs.com, VYPA B.V. signed a $50M irrevocable worldwide platform technology licensing agreement for its global initiative through country centric grids of cloud computing network that will serve as “origin” grids with GEO IP controlled distribution rights management medium connected to world’s largest content delivery cloud comprised of 105,000 servers at 1,900 data centers in 87 countries. Currently, VYPA has offices in Malaysia, India, Holland and the U.S. VYPA is currently is negotiating with other leading partners around the globe.

ABOUT KAMADHENU TELE FILMS PVT. LTD.

Sri Sankara is the brain child of Kamadhenu Telefilms, whose far sighted directors possess industry expertise of over 18 years. Their concept is to provide enlightened entertainment in the modern context, which will allow audiences to revisit ancient Indian and world wisdom and traditions. Thus reviving spiritual values that bring harmony to the soul. Sri Sankara has its Registered Office at Bangalore and a Regional Office at Chennai, incepted in the month of 19th June 2007. Its Aim- To make known to the masses about India -- Land of Mystery and Diversity, its Cultural Heritage and Moral Values. KTPL Vision: To conceptualise, create and convey to audiences of all ages spiritual enlightenment in the form of entertaining programmes catering to all age segments. Hence providing a platform whereby viewers can experience everlasting bliss.

KTPL Mission: To make known to the masses about India -- Land of Mystery and Diversity, its Cultural Heritage and Moral Values. The Sri Sankara production team has all the expertise and infrastructure necessary to professionally produce programmes, which will be packaged and promoted by experts.  In these programmes, leaders from various fields, educationists and spiritual guides will come together to impart knowledge and share insights that will transform lives.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements which are not historical facts contained in this press release are forward looking statements that involve certain risks and uncertainties including but not limited to risks associated with the uncertainty of future financial results, additional financing requirements, development of new products, government approval processes, the impact of competitive products or pricing, technological changes, the effect of economic conditions and other uncertainties detailed in the Company's filings with the Securities and Exchange Commission.

VYPA Corporation. ( A Maxwell Rand Group of companies)
Investor Relations
Contact: inquiry@vypacorp.com

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