Yappn Canada Inc.

Yappn Canada Inc. (“Yappn” or the “Company”) is a provincially (Ontario) incorporated corporation engaged in software development. The software being developed by Yappn delivers real-time language translation products which enable vendors and consumers to communicate freely with one another, each in their own preferred languages.

Yappn filed a Proposal under Part III, Division I of the Bankruptcy and Insolvency Act (Canada) (“BIA”) on November 23, 2018 and Albert Gelman Inc. (“Proposal Trustee”) was appointed as Trustee of the Proposal. The Company is not bankrupt, but has availed itself of a procedure whereby an insolvent person restructures its financial affairs with creditor and Court approval. The Proposal provides an automatic stay of proceedings against the Company’s creditors providing the Company with an opportunity to restructure its affairs. During this time, the Company will remain in control of its assets and business operations.

Please direct inquiries to:

Albert Gelman Inc., Proposal Trustee of Yappn Canada Inc.
60 Shaftesbury Ave.
Toronto, Ontario  M4T 1A3
Attention: Joe Albert
Tel. 416.504.1650 Ext 120
Email: jalbert@albertgelman.com