Zippi Networks, Inc. Completes Symbol and Name Change

LOS GATOS, Calif.--(BUSINESS WIRE)--Zippi Networks, Inc. (Pink Sheets:ZPNW) www.zippi.com, following its September 18, 2006 announcement of completing a reverse take over of Video Time Capsule, Inc., today announced its effective name change and new symbol (ZPNW.PK). Zippi intends to utilize its “1-877-GO ZIPPI” MOBILE franchise opportunity and its successful team of Internet veterans to position itself to become a synergistic component of eBay’s (NASDAQ: eBay) future business as an integrated service provider.

“bringing eBay to the doorstep of American households and businesses through the “1-877-GO ZIPPI”

eBay (NASDAQ: eBay) leads the way as the number one auction community, with over 720,000 people making full- and part-time livings on this global marketplace.

Now Whether it’s a “1-877-GO ZIPPI” MOBILE franchise owner or strictly an “affiliate,” Zippi offers independence to general consumers, existing retail businesses, collectors, stay-at-home moms, and entrepreneurs, while addressing several challenges being faced by auction style communities. The Company intends to begin promoting its products and services in Q1 2007, rapidly deploying its “1-877-GO ZIPPI” franchise offering, “affiliate sales” opportunity, drop off stations, merchandising systems, online product warehouses, and commissionable transaction services provided by PayPal (NASDAQ: eBay).

Robert A. Rositano Jr., CEO, Zippi Networks, Inc. said, “bringing eBay to the doorstep of American households and businesses through the “1-877-GO ZIPPI” MOBILE franchise opportunity, will stimulate the growth of the struggling eBay seller community.” The introduction of Zippi to a national and world wide consumer audience, as well as the current auction community will allow sellers to recoup dollars being lost in a shrinking margins business. “Zippi seeks to revive the appeal of the auction style format by aggregating products on consignment, ultimately yielding sellers’ commission on all items, not just slim margins on a select few.” “Zippi is committed to engaging its customers and affiliates to deliver a new opportunity that recognizes and rewards all Zippi participants for leveraging eBay’s auction platform in a new, exciting, and “Zippi” way,” stated Mr. Rositano.

About Zippi Networks, Inc.

Zippi Networks, Inc. has created a unique business model positioned to attract more sellers with unique products to the eBay auction platform, while enabling these new participants to quickly build profitable and sustainable businesses.

The company is positioned to become a key component of eBay’s future business as an integrated service provider. The “1-877-GO ZIPPI” MOBILE franchise opportunity, unique products, services, drop off stations, and merchandising systems stimulate rapid product accumulation, attracting new and current eBay sellers to a consignment based commission driven opportunity. Product volume, competition, and shrinking margins are no longer road blocks to an ever expanding online auction community, “Zippi brings out the eBay in all of us,” and will encourage the masses to “Sell it on eBay…the Zippi way”!

Zippi Networks, Inc. is headquartered in Silicon Valley, CA and its telephone number is (408) 884-5717. For additional information about Zippi Networks, Inc., please visit the company's website at www.zippi.com.

Safe Harbor Statement

This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results could differ materially from those projected in the forward-looking statements as results of various factors including the ability of the company to successfully commercialize its new technologies and service offerings. The company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements, which may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

“eBay” is a registered trademark of eBay, Inc. “PayPal” is a registered mark of PayPal, Inc., “Zippi” is a trademark owned by Zippi Networks, Inc.