VONO – THE GLOBAL VILLAGE TELECOM BRAND OFFERING OF VOICE OVER IP (VOIP) – WILL USE GLOBAL IP SOLUTIONS TECHNOLOGY FOR BEST QUALITY OF TRANSMISSION

GVT, A Leading Brazilian Telecom Provider That Offers VoIP Solutions Under its Vono Brand, Implements GIPS VoiceEngine PC Advanced to Deliver Best in Class Voice Quality to VoIP Consumers

San Francisco — May 17, 2007 — Global IP Solutions (GIPS), the leading provider of embedded media processing solutions, announced today that Global Village Telecom (GVT), a leading Brazilian telecom operator, has selected GIPS VoiceEngine PC Advanced to deliver market-defining voice in its Voice over IP (VoIP) softphone, Vono, its exclusive brand for VoIP.

GIPS provide best-in-class voice and video quality and fidelity in end-to-end IP communications with robustness against packet loss. Companies using GIPS multimedia engines include Skype, AOL, IBM Lotus, Nortel, WebEx, Yahoo! and other key players in the VoIP market.

“Vono is available all over Brazil with local numbers of 154 cities, including Sao Paulo, Rio de Janeiro, Belo Horizonte, Curitiba and Porto Alegre”, said Gary Hermansen, President and CEO, GIPS. “GIPS VoiceEngine PC brings the highest quality voice in VoIP communication and we are proud to enable Vono with best-in-class VoIP technology.”

Vono ended the first quarter of 2007 with almost 32 thousand customers, including retail market, small and medium companies. The business is growing 60 percent per quarter offering the value proposition of differentiated voice quality and services. “GIPS has the best technology to attend our need of enhancing audio quality in VoIP, a demand we have from our final users”, states Rodrigo Andreola, Technology Manager, Vono. “By using GIPS’ technology, Vono will enter into a select group of VoIP providers that deliver first-class quality in voice”.