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.