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Print Edition StoriesTuesday, December 2, 2008
Global web portal Yatinoo goes public
By Mass High Tech Staff
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Yatinoo Inc., a trilingual web portal focused on emerging Arabic, African and Asian markets, announced today that it has gone public, pending NASD approval. Malaga, Spain-based Yatinoo (OTCBB: YTNO) will trade its stock on the Nasdaq Bulletin Board and has based its U.S. headquarters in Boston.
The company, which is trying to position itself as an alternative to the web services of Google Inc. and Yahoo Inc., according to an earlier press release, offers customized Internet services such as e-mail, weather forecasts, videos, e-cards, niche websites and a search engine, in English, French and Arabic. The company also features toll-free calls via VoIP soft-phones to the countries covered by Yatinoo’s Arabic, African and Asian markets.
Launched in October 2007, Yatinoo.com has seen its web traffic increase by nearly 80 percent in five months, the company reports. In earlier press releases, Yatinoo forecasted “potential acquisition transactions,” as yet unnamed.
Yatinoo Inc., incorporated in Delaware, formerly known as Stone Consulting Services, bought Yatinoo International S.A. of Spain, last month. Reuters Key Development reported on Nov. 28 that Stone changed its name to Yatinoo Inc.
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