GyPSii to Social Networks and Embeds with Samsung Phones

GyPSii geo-mobility social networking platform, today
announced it has entered into a multi-year worldwide agreement with Samsung
Electronics.

Under the terms of the agreement, GyPSii will provide
technology, products, worldwide data center infrastructure, and GyPSii branding
rights to Samsung, on a worldwide non-exclusive basis for a range of Samsung
products.

GyPSii's leading mobility digital lifestyle application will
be initially be bundled on Samsung's Omnia (SGH-i900) and SGH-i780 as an
embedded application. Samsung's customers will be able to take full advantage
of the location-based social networking digital lifestyle features of the
GyPSii suite and create and share user generated content (UGC) with GyPSii's
global user community, and other interoperable social networks such as
Facebook. The agreement has provisions for revenue sharing between GyPSii and
Samsung, utilizing the business models enabled by GyPSii.