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AppYea Announces LOI to Acquire Intellectsoft Through Stock Purchase Agreement

/EINPresswire.com/ -- FORT WORTH, TX --(Marketwired - April 19, 2016) - AppYea Inc (OTCQB: APYP) is pleased to announce a letter of intent to acquire Intellectsoft, a leading developer and manufacturer of software applications with a major global footprint. AppYea has come to an understanding to purchase all the outstanding of stock of Intellectsoft, in a deal that will enhance the company's financial standing by adding millions of dollars in annual revenue. 

New CEO Doug McKinnon states "we are excited and honored about the current trajectory of AppYea, we are working tirelessly to improve our company and continue the hard work in honor ofJackie Williams." AppYea is also working diligently in maintaining our QB status on OTC Markets. Details of the LOI will be highlighted in the next few days in an upcoming 8k.

About Intellectsoft:

Intellectsoft is a full-service custom software and mobile application development company with an expansive set of competencies to meet enterprise needs. They operate twelve specialized studios, they have been in business for 9 years and has more 300 active members with offices in several international countries. Some of their partners include Jaguar, Harley Davidson, Landrover, Nestle among others.

Intellectsoft.net

About AppYea:

About AppYea, Inc AppYea Inc., founded in 2012, is a mobile application developer for iOS, Google Play, and Amazon platforms. The Company operates its own titles as well as provides strategic partnerships with promising mobile app developers. AppYea focuses on a number of different categories including next-generation social networks and gaming. The company is headquartered in Ft Worth, Texas. The Company trades under the symbol "APYP."

Find out more by visiting: 

http://appyea.com/about/

To learn more about the APYP business model, history, business focus and future plans, listen to our recent interviews at SmallCapVoice.com here http://www.smallcapvoice.com/apyp/.

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934. These forward-looking statements are based largely on the expectations or forecasts of future events, can be affected by inaccurate assumptions, and are subject to various business risks and known and unknown uncertainties, a number of which are beyond the control of management. Therefore, actual results could differ materially from the forward-looking statements contained in this press release. Additional information respecting the factors that could materially affect the Company and its operations are contained in its annual report on Form 10K and Form 10-Q as filed with the Securities and Exchange Commission. The Company undertakes no obligation to publicly update or revise any forward-looking statement.

For More Information Contact:
Douglas McKinnion
855.376.7432 x1901