Global IP Solutions (GIPS) Holding AB (publ)

CEO Rings Opening Bell and Begins Trading on Oslo Børs Stock Exchange

San Francisco — July 22, 2008 — Global IP Solutions (GIPS) Holding AB (publ), the leading provider of multimedia processing solutions, is proud to announce that today its chief executive officer, Emerick Woods, rang the opening bell at 9am CET as it began trading in the company’s shares on the Oslo Børs stock exchange in Norway, under the ticker GIPS.

“It is a great honor to ring the open of trading on the Oslo Børs stock exchange,” said Emerick Woods, CEO at GIPS. “We are proud to have listed our common stock and believe this milestone event provides an excellent platform on which to build long-term shareholder value.”