Global IP Solutions AB: EF Johnson Technologies Signs Agreement with GIPS

Global IP Solutions (GIPS)(STO:GIPS) announced today that it has signed an agreement with EF Johnson Technologies Incorporated, a Texas-based corporation. EF Johnson Technologies focuses on innovating, developing and marketing the highest quality secure communications solutions to organizations whose mission is to protect and save lives.

The agreement includes platform, professional service fees and royalties.

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 AOL, Citrix, Gadu-Gadu, IBM, Mail.ru, LG Nortel, Movial, Nimbuzz, Nortel, Oracle, Radvision, Samsung, Tencent and other key players in the voice and video markets. The company is headquartered in San Francisco with offices in Stockholm, Boston and Hong Kong. For more information, visit www.gipscorp.com

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Contacts

Global IP Solutions
William Scharninghausen, CFO
Tel: +1 415.397.2555
or
John Gallagher, Investor Relations
Tel: +1 415.746.1155