Zippi Networks, Inc. Completes Merger and Name Change With Video Time Capsule, Inc.; Zippi Prepares to Become a Synergistic Component of eBay's Future Business as an Integrated Service Provider

Business Wire, Sept 18, 2006

LOS GATOS, Calif. -- The Company Has Created a Business Model Positioned to Aggregate More Sellers and Products to eBay's Auction Platform, Enabling Participants to Build Profitable and Sustainable Businesses

Zippi Networks, Inc. (Pink Sheets:VTCI), www.zippi.com, today announced that it has completed a reverse take over of Video Time Capsule, Inc. Zippi intends to utilize its "Zippi Solution" 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, much as PayPal's transaction processing structure has become a key ingredient of eBay's auction platform.

The Zippi Solution has been carefully constructed to provide independence to 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 Q4 2006, rapidly deploying its "affiliate marketing" opportunity, training tools, drop off locations, online product warehouses, and transaction services provided by PayPal (NASDAQ:EBAY).

Robert A. Rositano Jr., CEO, Zippi Networks, Inc. said, "Providing the Zippi solution to the auction community should allow sellers to recoup dollars being lost in a shrinking margins business. At the same time 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 with 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 integrates a combination of enhanced eBay centric technologies, proven affiliate marketing structures, merchandising systems, Drop-off Stations, consumer marketing campaigns and eBay/PayPal relationships. Zippi has created a 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. 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.