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ESPRE Solutions' LSVX CODEC to Be Used in Oracle Communicator Through ESPRE Partner, Global IP Solutions

Posted on: Thursday, 16 August 2007, 09:18 CDT

ESPRE Solutions, Inc. (PINKSHEETS: EPRT), a Dallas-based media solutions and technology company with a revolutionary and patented video compression technology, today reports that its customer, Global IP Solutions (GIPS), a multimedia technology company delivering real-time communications solutions based in San Francisco and licensor of ESPRE's best-of-breed LSVX Video CODEC, has announced that Oracle plans to incorporate the GIPS VoiceEngine Multimedia LSVX Video CODEC into Oracle(TM) Communicator, a SIP/SIMPLE-based PC softphone client that allows communications service providers to set up sessions including voice and video calling, presence status and instant messaging.

Gary Hermansen, President and CEO for Global IP Solutions, stated in GIPS' August 13th, press release regarding the Oracle decision, "We are proud that GIPS' technology will be incorporated into the world's largest enterprise software company's VoIP solution. Oracle sets the bar in technology standards and we are happy that GIPS is again recognized for its industry leading technology."

On January 30, 2007, ESPRE announced a right-to-use license agreement whereby GIPS received a license to ESPRE's LSVX CODEC for real-time communications. In February of this year, GIPS announced that it had successfully integrated the LSVX CODEC into GIPS' VoiceEngine Multimedia and that it had shipped its first customer evaluations. The Oracle announcement is the first involving the LSVX CODEC.

Pete Ianace, ESPRE Solutions' President and CEO, comments on GIPS' announcement stating, "We are very pleased to hear the news that our partner GIPS has successfully deployed ESPRE's LSVX CODEC. This release validates our decision to license ESPRE's video compression technology to Global IP Solutions. We believe that now that one of our customers has deployed a business quality video chat solutions, such as GIPS has done with Oracle, it will change everyone's expectations of how web-based video should look and perform, and establish GIPS LSVX as the de facto industry standard."

To read more on the announcement and Global IP Solutions, please visit www.gipscorp.com.

About ESPRE Solutions, Inc.:

Plano, Texas-based ESPRE Solutions is a public company (PINKSHEETS: EPRT) and groundbreaking media collaboration solutions provider that fulfills the promise of TV-quality, real-time and streaming video over the Internet. ESPRE Solutions intends to be the video solutions provider of choice for Internet Service Providers, Enterprises, application developers, communications hardware vendors and chip manufacturers, by providing both narrowband and broadband video solutions for integration into traditional voice and data applications. ESPRE Solutions' ESPRE LIVE(TM) Media Engine provides an integrated toolkit solution for developers to create applications for business and personal communications. To learn more about ESPRE Solutions, or to experience the company's pioneering video compression technology, visit www.espresolutions.com.

About Global IP Solutions:

Global IP Solutions (GIPS) provides best-in-class voice and video in end-to-end IP communications with robustness against packet loss for service providers, enterprises, application developers, network equipment, gateway and chip manufacturers. GIPS' customer list includes Nortel, Samsung, Skype, WebEx, Yahoo!, AOL, Earthlink and other key players in the VoIP market. GIPS is a member of the Intel(TM) PCA Developer Network, Mortorola Design Alliance, Symbian Platinum Partner Program and Texas Instruments' third-party developer network. GIPS is headquartered in San Francisco with offices in Stockholm, Boston and Hong Kong. More information is available at www.gipscorp.com.

SAFE HARBOR

Forward-looking statements made in this release are made pursuant to the "safe harbor" provision of the Private Securities Reform Act of 1995. Forward-looking statements made by ESPRE Solutions, Inc. are not a guarantee of future performance.

 PRESS CONTACT: ESPRE Solutions, Inc. Kyle Nelson Chief Marketing Officer kyle@espresolutions.com  Global IP Solutions John Gallagher Public Relations pr@gipscorp.com (415) 397-4856  Market News First Angela Junell 214-461-3411 ajunell@MN1.com

SOURCE: ESPRE Solutions, Inc.

Source: MARKET WIRE

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