Yaterra Ventures Corp. Forms Strategic Alliance with P2P Technology Pioneer to Develop Proprietary Consumer and Enterprise Solutions LUBBOCK, Texas, Sep 20, 2012 (BUSINESS WIRE) -- Yaterra Ventures Corp (OTC: YTRV) is pleased to announced that it has partnered with Mike Helm, founder of EverNet Systems and Dittotalk, to develop white label and software solutions for the company. Helm is also a former member of the top 40 people under 40 in Silicon Valley. The win-win alliance also includes plans to acquire licenses from Helm's Dittoware, a patent pending technology that both parties are confident has the ability to revolutionize how information is shared and taught electronically.
Yaterra CEO, Cedric Atkinson states, "We have identified three unique products that we will be develop with Mike Helm and his team, which has been working in the P2P realm, filing patents well before Napster was even conceived."
The patents covered a wide range of P2P architectures and, at the time, Helm's Evernet was a prime acquisition target by an undisclosed technology company.
Atkinson continues, "We'll look to acquire licenses for certain verticles that we believe will provide a strong foundation for high growth potential and exponential shareholder value. I am very pleased with recent developments for Yaterra in the IT realm. We have much to be shared in terms of development here and in our Oil and Gas initiatives in the state of Texas in the coming days."
Safe Harbor Statement: The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for forward-looking statements. Certain of the statements contained herein, which are not historical facts, are forward-looking statements with respect to events, the occurrence of which involve risks and uncertainties. These forward-looking statements may be impacted, either positively or negatively, by various factors. Information concerning potential factors that could affect the Company is detailed from time to time in the Company's reports filed with the Securities and Exchange Commission.
SOURCE: Yaterra Ventures Corp
CONTACT:
Yaterra Ventures Corp Cedric Atkinson, 718-710-4508 info@yaterra.com
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