KT Networks Smartphone Adds Mobile VoIP from GIPS

VoIP enhanced Mobile Phone Provides Greater Clarity and Enables HD Voice Capabilities

SAN FRANCISCO — June 8, 2009 — Global IP Solutions (Oslo Børs: GIPS), the leading provider of IP multimedia processing solutions, announced that KT Networks will be adding a powerful new VoIP feature to its Windows® Mobile smartphone, which includes HD voice capabilities from GIPS. KT Networks is part of KT, formerly Korea Telecom, a leading integrated wired and wireless telecommunications service provider and the market leader in South Korea’s telephone and high speed Internet business. “We knew it was necessary to use a VoIP product for KT Networks’ smartphone that would provide our customers with superior voice quality, especially under challenged network conditions. GIPS was able to handle all the complex voice processing tasks that met KT Networks exacting standards,” said Mr. Kim Young-Joo, Vice President, KT Networks. “KT Networks is a company that creates value for our customers and we are committed to developing high-quality products that exceed our customers' expectations,” added Mr. Kim. KT Networks’ sleek, feature-rich smartphone was developed to address the growth in consumer demand, which continues to outpace the rest of the mobile phone market. “KT Networks is a company with a reputation for excellence. By selecting GIPS VoiceEngine technology, KT Networks has validated the quality of GIPS’ products above all our competitors,” said GIPS Chief Executive Officer, Emerick Woods. “Here at GIPS our customers are the first priority and we always strive to deliver the best products and services to them. Our technology and skills will enable KT Networks to clearly differentiate themselves from the competition by providing HD voice capabilities on a mobile phone,” added Woods. GIPS VoiceEngine can provide HD voice quality on mobile phones enabling clear, consistent conversation in addition to optimizing bandwidth on congested networks. GIPS has set the standard for the industry’s highest level of voice quality over IP networks. The Company’s cutting-edge technology for processing real-time voice and video over IP is used globally by hundreds of millions of users every day. About KT Networks KT Networks (KTN) is headquartered in South Korea. KTN is a Network Integration specialist within the KT Group. It provides Total Networking Solutions, from consulting services tailored to its customer's needs, to system build-up, operation, maintenance and control. KTN’s areas of business include; VoIP, Wibro (WiMax), U-city, high-speed Internet services and on-premises communication services. For more information, visit www.ktn.co.kr About Global IP Solutions Global IP Solutions (Oslo Børs: GIPS) provides best-in-class voice and video processing in IP communications. GIPS enables its customers to deliver unmatched quality, with a faster time-to-market and with less risk than alternative solutions. GIPS serves application developers, wired and wireless service providers and network and telecommunications equipment vendors. Its customer list includes Citrix, Nortel, Oracle, Samsung, Tencent, Nimbuzz, WebEx, CommuniGate Systems, Yahoo!, AOL and other key players in the voice and video over IP markets. The company is headquartered in San Francisco with offices in Stockholm, Boston and Hong Kong. For more information, visit www.gipscorp.com.