UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES AND EXCHANGE ACT OF 1934 Date of Report (Date of earliest reported event): October 17, 2003 YP.NET, INC. (Exact name of registrant as specified in charter) NEVADA 000-24217 85-0206668 (State or other jurisdiction (Commission (IRS Employer of incorporation) File Number) Identification No.) 4840 EAST JASMINE STREET, SUITE 105, MESA, ARIZONA 85205 - -------------------------------------------------------------------------------- (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (480) 654-9646 ITEM 5. OTHER EVENTS AND REQUIRED FD DISCLOSURE On August 26, 2003, Telco Billing, Inc. ("Telco"), a wholly-owned subsidiary of YP.Net, Inc. (the "Company"), entered into a three-year agreement with Integrated Payment Systems Inc., a unit of First Data Corporation (NYSE:FDC) and a leading provider of payment reconciliation and backroom processing services. The Company offers an incentive check as part of its marketing effort. First Data will serve as an additional third-party verification of new customers signing up for the Company's Internet Advertising Package. The agreement requires the Company to pay monthly fees depending upon usage. The minimum monthly fee is $1,500. Effective September 1, 2003, Telco also entered into an agreement with UDS Directory Corp., d/b/a go2 Directory Systems, for an initial term of three-years. Go2 Directory Systems is a leading provider of wireless content. With go2, the Company's customers' listings may be found in a prominent position on wireless and handheld devices provided by Palm, AT&T Wireless, Qwest, Verizon and many other providers. The agreement required the Company to pay an implementation fee of $20,000. The Company will also pay a fee per listing of $.05 to $.30. ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS. (c) Exhibits. The following documents are filed as exhibits to this report: 10.1 Basic Listing Reseller Agreement, between UDS Directory Corp., d/b/a go2 Directory Systems and Telco Billing, Inc., effective as of September 1, 2003 10.2 Processing Agreement, between Integrated Payment Systems, Inc. and Telco Billing, Inc., dated as of August 26, 2003 99.1 Press release dated October 17, 2003 99.2 Press release dated October 20, 2003 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. YP.NET, INC. Date: October 21, 2003 /s/ ANGELO TULLO ------------------ Angelo Tullo, Chief Executive Officer 2