SAN FRANCISCO — February 5, 2007 — Global IP Solutions (GIPS), today announced the appointment of William M. Scharninghausen to the position of Chief Financial Officer for the company. Scharninghausen will oversee all aspects of financial management, control, reporting, planning, tax and investor relations for GIPS.

“We are excited about Bill's addition to the company. It is our goal to mature the company senior management, and Bill brings a wealth of skill and experience to the team”, said Gary Hermansen, President and CEO, GIPS.

Scharninghausen brings nearly thirty years of financial executive experience and most recently served as CFO at Teachscape, a professional development services company for the education market. Prior to that he served at Vialta, DIVA Systems and StarSight Telecast where he was part of the team that led the company through its IPO and later on, merger with Gemstar-TV Guide. He will report directly to Gary Hermansen.

"I am delighted to join GIPS and its talented management team", said William Scharninghausen. "With the expansion and enhancement of the company’s technology, I am excited to help lead GIPS during this next round of growth as a leader in multimedia technologies for real-time communications”.

Scharninghausen is a certified public accountant and has a bachelor’s degree in Business and Finance from the California Polytechnic State University.

Former Chief Financial Officer, Edward M. Abbati, has accepted the position of Executive Vice-President of Sales and Operations. “Edward has helped direct GIPS to be a successful company over the last 6 years, which gives him unprecedented knowledge about the industry and the skills to drive and maximize our market opportunities”, said Hermansen. Abbati will continue to report to Gary Hermansen.

About Us

Global IP Solutions is the world’s most widely deployed technology for processing real-time voice and video over IP networks. As the inventors of iLBC – an IETF industry standard for narrowband speech codec and iSAC – the defacto industry standard for wideband speech codec, Global IP Solutions’ software delivers robust functionality with enough flexibility to be easily integrated in virtually any application. By leveraging this cutting-edge technology, service providers, applications developers and hardware manufacturers can bring to market highly differentiated products to reduce churn and increase customer satisfaction. Our software is deployed in over 800 million end-points and resolves the full range of network impairments — like delay, jitter, packet loss, and echo. In addition, Global IP Solutions’ technology offers the highest quality voice and video processing available in the marketplace as well as industry leading bandwidth optimization to ensure the most efficient use of IP networks. These solutions can be delivered at virtually any level of integration- from components such as codecs, to more complete media processing engines and SDKs. Our products also comply with industry standards, which allows for wider adoption, faster time to market, and the best user experience possible. Unifying CommunicationsNo other company delivers the quality, scale and flexibility of media processing technology that today’s unified communications require. With over 20 patents pending and approved, GIPS has pioneered the application of innovations in IP communications, which helps our customers achieve extreme performance. Customers are GIPS top priority, which is why our mission is to enable you with technology that’s validated by proven industry leaders. GIPS by any measure — deployments, platform and by solving network impairments — is the company that provides world-class technology to power your products. See the difference and hear the difference with GIPS.


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