GLOBAL IP SOLUTIONS (GIPS) TO DEMONSTRATE GVT’S NEW VERSION OF VONO SOFTPHONE AT FUTURECOM, BRAZIL

See GIPS at Futurecom, Brazil, October 1-4 Booth C-15A

FLORIANOPOLIS, BRAZIL — October 2 , 2007 — Global IP Solutions (GIPS), the leading provider of embedded media processing solutions, announced today that GVT, the leading provider of telecom solutions and internet services in Brazil, has launched the new VONO softphone, its exclusive brand for VoIP, using GIPS VoiceEngine PC Advanced. To learn more about GIPS VoiceEngine technology Vono will be displayed at Futurecom in GIPS booth C-15A.

GIPS superior voice technology is enabling Brazilian users to experience high-quality voice even under adverse network conditions. GVT now joins the rank of IBM Lotus, LG-Nortel, WebEx, Yahoo! and other key players providing the best, high-quality Voice over IP solution available in the world as the first Company to offer this level of technology in Brazil. Creating contact groups, controlling non-answered and the received calls besides making conference calls between until six other phone numbers are among the new version of the softphone features.

“GVT’s Vono service is showing rapid growth in the Brazilian market. Its first-rate network and IT platform along with its award winning Vono product, selected as the best VoIP product in Brazil by Info EXAME, demonstrate the success of the product,” said GIPS Chief Marketing Officer, Wendy Toth.

“Besides the quality of voice that we are offering with GIPS VoiceEngine technology, the new visual and functional features turned our softphone similar to a cell phone, which make its usage easier to the final customers” states Germano Coradin, Products Manager, Vono.