ZipTel Limited ("ZipTel" or "the company") announced that it has executed a Memorandum of Understanding (MOU) and ZiFi distribution agreement with Yandayar Trading Co., Ltd. The terms of the agreement are 5 years exlusive distribution and manufacturing rights deal: Building of Hardware devices through existing manufacturing contacts including and not limited to: Push to talk devices and handsets; Micro Servers for Mass Deployment of ZiFi; Bluetooth cameras (mountable for security applications). Yandayar to distribute and manage on-ground sales team for an initial period of 5 years. Revenue Model to be built in collaboration with Yandayar over the course of the development phase in January ­ February 2017 with commercial roll out in the second quarter of 2017 across the country.