Global IP Solutions (GIPS) Holding AB – Reverse Stock Split Notification for listing on Oslo Børs

San Francisco — June 26, 2008— Global IP Solutions (GIPS) announced today that in connection with the Oslo Stock Exchange’s approval for the Company to list on Oslo Børs, (see 20 June 2008 announcement), GIPS has resolved to carry out a reverse split of the company's shares by joining three shares into one share. The reverse stock split is necessary to fulfill one of the requirements for a listing on Oslo Børs. The board of directors of Global IP Solutions (GIPS) Holding AB (publ) resolved to carry out the reverse split of the company's shares by joining three shares into one share based on the resolution of the Annual General Meeting on 2 June 2008.

The 3-to-1 reverse split will be completed no later than July 15, 2008. No fractional shares will be issued. Shareholders holding shares that will not result in a whole number of shares following a reverse split will receive additional shares in order to receive the nearest number of whole number of shares rounding upwards.

On behalf of
Global IP Solutions (GIPS) Holding AB (publ)

William Scharninghausen
Chief Financial Officer

001.415.746.1155
ir@gipscorp.com