YPNTE

YP Corp. Announces Adoption of Stock Repurchase Program Wednesday May 18, 10:00 am ET MESA, Ariz.--(BUSINESS WIRE)--May 18, 2005--YP Corp. (OTCBB:YPNT - News), a leading provider of nationwide Internet Yellow Pages and related services, announced today that in addition to the common stock recently repurchased by the company, which equaled approximately 4% of its outstanding common stock, its board of directors has authorized the repurchase of up to an additional $3 million of the company's common stock from time to time on the open market or in privately negotiated transactions. Peter J. Bergmann, YP Corp.'s CEO, commented, "We believe that our stock is dramatically undervalued and felt that at current prices it was a prudent opportunity to use a portion of our cash on hand to increase shareholder value through the repurchase of our stock. We believe this effort will be accretive to our EPS. We have overcome many challenges over the course of the past year but we always continued to generate positive cash flow. Because of this and the absence of debt on our books, we can afford to do this, as well as continue to offer quarterly dividends to all of our shareholders. We have committed significant funds to this program and believe it to be a demonstration of our faith in the company." xpfuture

YP Corp. Announces Second Fiscal Quarter 2005 Results Tuesday May 17, 2:57 pm ET Reports Positive Growth in Revenues, Solid Return to Profitability and an Increasing Customer Base MESA, Ariz.--(BUSINESS WIRE)--May 17, 2005--YP Corp. (OTCBB: YPNT - News), a leading provider of nationwide Internet Yellow Pages and related services, today reported quarter over quarter increases in its customer base, net revenue, net income and cash for its second fiscal quarter, ended March 31, 2005. ADVERTISEMENT Net revenue for the quarter ended March 31, 2005 was $6,444,609. This is an increase of approximately 4.1% over net revenue of $6,190,155 for the prior quarter. Operating income for the quarter was $383,806, an increase of $619,265 from an operating loss of $235,459 in the quarter ended December 31, 2004. Operating margins for the current quarter were 6.0% as compared to an operating margin deficit of 3.8% in the prior quarter. Net income for the quarter ended March 31, 2005 was $298,280, or $0.01 per share on a diluted basis. Results from operations for the second fiscal quarter were an incremental improvement over the first quarter, demonstrating results from the positive focus the company has placed on the resolution of many of the billing issues it had experienced over the past year. The company continues to keep the focus on its reconfirmation program. This is having a positive impact as the company's paying customer base increased to 105,000, which is more than a 10.5% increase since Dec. 31, 2004. This focused effort, management's expense control plan and the continued migration of customers to Automated Clearing House ("ACH") billing, resulted in an increase in cash and cash equivalents to $8,201,559 from $6,155,684 at Dec. 31, 2004 and from $3,576,529 at Sept. 30, 2004. "We have confronted and addressed significant challenges over the past 12 months and I believe YP Corp. is now headed in a sustainable positive direction," said Peter J. Bergmann, YP Corp.'s president and chief executive officer. "I am pleased with the stage of the turnaround we are at and expect we will continue to gain momentum in the quarters that follow. "We have grown our customer base in the last quarter and our team has created new marketing initiatives, which are helping to attract additional new customers. Moreover, our national sales effort is beginning to take off, which we believe will become an additional revenue stream for us," added Bergmann. As a result of the billing issues that began in the second half of fiscal 2004, the company focused its efforts and has migrated more than 50% of its advertisers from billing through Local Exchange Carriers ("LECs") on their local telephone bill to ACH billings, which automatically debits the advertisers' checking accounts. While the company believes that ACH billing is a more desirable billing method because it is less expensive, has a faster collection time, and presents minimal dilution to revenue, the process of converting advertisers from LEC billing to ACH has been time-consuming, labor-intensive, and has resulted in missed billings and customer cancellations. "The ACH billing allows us to have healthy cash flow. YP Corp. is in a positive cash growth position and has paid a $0.01 cash dividend for five consecutive quarters," added W. Chris Broquist, YP Corp.'s chief financial officer. "At the end of the quarter, we had cash and cash equivalents of $8,201,559 and had generated cash from operations this past quarter of $2,766,501." "Now that we have stabilized the company and have it back on a growth path, it is an opportune time to explore the strategic options we announced in October 2004," concluded Bergmann. "We have been working with Jefferies & Co. Inc., our financial advisors, and are now ready to explore strategic alternatives to enhance shareholder value." Financial statements for the periods ended March 31, 2005 are set forth below, as well as in the company's Form 10-Q, which was filed with the Securities and Exchange Commission on May 16, 2005. xpfuture

Hoffentlich !!! Spekuliere damit, daß die an die Nasi oder AMEX geh´n - das wäre dann der Kursschub schlechthin! xpfuture