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<TYPE>EX-99.1
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<FILENAME>doc2.txt
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                                                                    Exhibit 99.1

YP CORP. ANNOUNCES CONCLUSION OF MAR & ASSOCIATES RELATIONSHIP

JUNE 25, 2004

(MESA,  AZ)  --  YP  Corp. (OTC BB: YPNT), a leading provider of Internet Yellow
Pages  and  related  services,  announced today that it has been unable to agree
upon  final  terms  with  Mar  &  Associates,  Inc.  regarding  the provision of
investment  banking  services  in  connection  with  YP  Corp.'s  exploration of
strategic alternatives for its business.  Accordingly, the Company has concluded
its  relationship  with MAR, which had previously provided the services of Chief
Financial Officer through MAR's president, David Iannini.  YP Corp. is currently
in  negotiations  to  fill the CFO role and expects to name a replacement in the
near  future.

ABOUT YP CORP.

YP  Corp., a leading provider of Internet-based Yellow Pages services, offers an
Internet  Advertising  Package  ("IAP")  that  includes  a  Mini-WebPage(TM) and
Preferred Listing through its Yellow Pages web site at www.YP.Com. The Company's
web site contains listings for approximately 18 million businesses in the United
States  and 150 million individuals in the United States and Canada. As of March
31,  2004,  YP  Corp.  had  approximately  305,000  IAP  advertisers.

YP  Corp.  also provides an array of other Internet services that complement its
Yellow  Pages  web  site,  including  an  Internet  Dial-Up Package(TM) (dial-up
Internet  access)  and  QuickSite(TM)  (web  site  design  &  hosting services).

YP Corp. is a longstanding member, exhibitor and sponsor of the two major Yellow
Pages trade associations - Yellow Page Integrated Media Association "YPIMA," the
major trade association of Yellow Pages publishers throughout the world, and the
Association  of  Directory Publishers "ADP," which mostly represents independent
Yellow  Pages  publishers.  YP Corp. is based in Mesa, AZ. For more information,
visit  the  web  site  at  www.YP.Com.
                           ----------

FORWARD-LOOKING  DISCLAIMER

This  press  release  may  include  statements  that constitute "forward-looking
statements,"  which  are  often  characterized  by  the terms "may," "believes,"
"projects,"  "expects,"  or  "anticipates," and do not reflect historical facts.
Forward-looking  statements  involve risks, uncertainties and other factors that
may  cause  actual  results,  performance  or  achievements  of YP Corp. and its
subsidiary  to  be  materially different from those expressed or implied by such
forward-looking  statements.  Specific  forward-looking  statements contained in
this  press  release include, without limitation, the Company's expectation that
it  will  name  a  replacement  for  the  CFO  position  in  the  short  term.
Factors  that  may  affect forward-looking statements and the Company's business
generally  include  but  are not limited to (i) the inability to arrive at terms
with  a  potential  CFO  replacement  that  are  acceptable to the Company; (ii)
Challenges  the  Company  will  face as a result of the indictment of its former
CEO,  Angelo  Tullo;  (iii)  the  success  of  existing  competitors  and  the
introduction  of  new  competitors in the market; (iv) the impact of existing or
new  regulation  on


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the  Company's  marketing  and  solicitation  efforts;  (v)  risk  factors  and
cautionary statements made in the Company's Annual Report on Form 10-KSB for the
period  ended  September  30,  2003;  and  (vi)  other  factors that YP Corp. is
currently  unable  to  identify  or  quantify,  but  may  exist  in  the future.

Forward-looking  statements speak only as of the date the statement was made. YP
Corp.  does not undertake and specifically declines any obligation to update any
forward-looking  statements.

Contact:
Roger Bedier
YP Corp Investor Relations
480-325-4339
rogerb@ypcorp.com


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