San Francisco — November 19, 2008 — Global IP Solutions (GIPS) announced today that it has signed an agreement with Saba Software Inc., the premier global provider of strategic human capital management (HCM) software and services.
The agreement includes license, support and platform fees.
About Global IP Solutions
Global IP Solutions (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 less risk than alternative solutions. GIPS serves application developers, service providers, and network equipment vendors. Its customer list includes Nortel, Oracle, Samsung, WebEx, Yahoo!, AOL and other key players in the VoIP market. The company is headquartered in San Francisco with offices in Stockholm, Boston and Hong Kong. More information at www.gipscorp.com
Contacts:
William Scharninghausen, CFO Tel: +1 415.397.2555
John Gallagher, Investor Relations Tel: +1 415.746.1155