Enters Final Stage Ahead of Live Lottery Launch in The Gambia
JERUSALEM--(BUSINESS WIRE)--AppYea Inc. (OTCQB: APYP) (“AppYea” or the “Company”), a technology company focused on blockchain-enabled trust infrastructure for the regulated outcome-driven markets, today announced the completion of a core milestone in the buildout of its modular NEO Infrastructure Layer. The milestone marks the Company’s transition from post-acquisition integration into a commercially deployable infrastructure framework designed for regulated lottery and gaming environments.
In parallel with this technological advancement, the Company announced that it has entered the final stage ahead of the launch of its live lottery operations in Gambia, which is expected to represent the first commercial implementation of AppYea’s sovereign market deployment model. The Gambia project follows the Company’s previously disclosed five-year licensing structure, which includes a tiered revenue-sharing model and minimum monthly payments.
Core Technology and Commercial Readiness
The NEO Infrastructure Layer is a unified modular framework designed to support transparent, auditable, and scalable draw-based gaming environments. Built as a plug-and-play architecture rather than a monolithic system, the framework is intended to allow operators to integrate selected capabilities—such as verifiable randomness, transaction orchestration, and settlement logic—without replacing legacy systems.
Core components of the NEO Infrastructure Layer include:
- Modular Game Logic for draw-based and outcome-driven gaming products
- Verifiable Randomness designed to support fairness validation and auditability
- Operator-Facing API Infrastructure for streamlined external integration
- Transaction and Settlement Modules built for scalable reporting, orchestration, and reconciliation
With this core milestone now completed, the Company is focused on final deployment steps, live environment activation, and execution of its first commercial launch in a sovereign-regulated market.
Management Commentary
Yakir Abadi, Chief Executive Officer of AppYea, commented: “Completing this milestone is significant because it reflects execution at the infrastructure level, not just product vision. We are building technology intended to meet the operational requirements of regulated operators and sovereign-aligned markets, with a focus on transparency, flexibility, and deployment readiness.”
Mark Katzenelson, President of AppYea, stated: “We believe the NEO framework positions the Company around a scalable infrastructure model rather than a single-product model. Our objective is to support commercial deployment pathways through technology that can be licensed, integrated, and expanded across multiple regulated environments.”
Ben Harris, Chief Technology Officer of AppYea, added: “At this stage, the importance of the buildout is that core services are being structured as interoperable modules. Fairness validation, API connectivity, reporting integrity, and settlement traceability are all important components when designing infrastructure for regulated deployment settings.”
Eldar Edmond Grady, Chairman of the Board, noted: “We believe capital markets increasingly reward companies that can demonstrate measurable execution. The completion of this milestone supports the Company’s progression toward commercial implementation and strengthens the foundation for potential sovereign-scale deployment opportunities.”
Safe Harbor Statement:
Statements included in this press release, which are not historical in nature, are forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Statements relating to the future performance of AppYea are subject to many factors including, but not limited to, the sufficiency of working capital to complete the multi-prong platform and realize our business plans and new strategic direction, the going concern qualification in our financial statements, our ability to raise the capital needed to realize our business plan, our success in concluding commercial execution and institutional deployment, our ability to execute on the deployments, our ability to penetrate the new intended markets, our success in integrating the platform and initiating go-to-market efforts, our success in commercializing the integrated platform, our success in applying to and uplisting to a US exchange, market strategy and timelines, the introduction of competitive products, market acceptance of our product offerings, the success of our business model and the impact of any adverse litigation, commercialization and technological difficulties, and the other risks identified in the Company's Annual Report on Form 10-K for the year ended December 31, 2024 filed with the Securities and Exchange Commission on April 15, 2025. Such statements are based upon the current beliefs and expectations of management and are subject to significant risks and uncertainties. Actual results may differ from those set forth in the forward-looking statements. The forward-looking statements contained in this press release are made as of the date hereof, and we do not undertake any obligation to update any forward-looking statements, whether as a result of future events, new information, or otherwise.
Contacts
Investor Relations Contact:
Golmidas Communications
info@golmidas.com
For Institutional and Board Inquiries:
Eldar Edmond Grady
Chairman of the Board
eldar@techlott.com