Global IP Sound AB Reports Fourth Quarter 2006 Financial Results

(Reported in thousands of U.S. Dollars and thousands of SEK; un-audited)

STOCKHOLM – February 6, 2007 - Global IP Sound AB, the leading provider of embedded media processing technologies, today reported its financial results for the fourth quarter ending December 31, 2006. The Company is reporting its financial results in both Swedish Krona and U.S. Dollars.

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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