PLANO, Texas, Feb. 2, 2007 (PRIME NEWSWIRE) -- As a follow up on the recent $2 Million License Agreement between ESPRE Solutions (Pink Sheets:EPRT) and Global IP Solutions (GIPS), GIPS has launched GIPS Realtime, a regular Podcast, by the world's most innovative engineers, which discusses the development of real-time communications with GIPS' CEO Gary Hermansen. Additionally, ESPRE Solutions' CEO has released a complementary Podcast as part of his exclusive interview by Saul Albom on Market News First (www.mn1.com), which originally aired live on Wednesday, January 31, 2007, at 9:30 A.M. CST.
The GIPS Podcast provides more information about GIPS' expanded product offering, and to how to leverage GIPS technology in the new era of real-time media processing. Gary Hermansen stated, regarding ESPRE Solutions during his Podcast that, "High quality two-way video has always been the elusive Holy Grail. GIPS wanted to address that and extend our capabilities by offering the best video phone capabilities with the same high-quality performance the market has come to expect from us in the audio world. We have spent well over a year analyzing a number of solutions that we could license and seamlessly integrate with our core audio capabilities. While there are a number of good streaming solutions out there today, interactive two-way video has to deal with numerous obstacles not present with streaming. We concluded that ESPRE offered the highest video quality in the market today when having to deal with the obstacles imposed by wireless access points, limited upstream bandwidth and a non-managed network like the Internet." Listen to the Podcast yourself at www.gipscorp.com/realtime.
"Having Global IP Solutions as a customer is great for ESPRE in a number of ways, including the opportunity to increase the reach of the LSVX video CODEC to millions of global GIPS users. Additionally, we believe GIPS deployment of the ESPRE CODEC will further our goal of becoming a defacto standard as it is paired with their audio engine, which is considered to be a defacto standard," stated Pete Ianace, CEO and President of ESPRE Solutions, Inc.
About ESPRE Solutions, Inc.:
Plano, Texas-based ESPRE Solutions is a public company (Pink Sheets:EPRT) and groundbreaking media collaboration solutions provider that fulfills the promise of TV-quality, real-time and streaming video over the Internet-even at dial-up speeds as low as 28Kbps. 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' eViewMedia Engine(tm) 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 eView technology, visit www.espresolutions.com
About Global IP Solutions:
Global IP Solutions offers multimedia technologies for real-time communications over packet networks and enables companies to deliver IP applications that offer the highest quality user experience, as well as revenue-enhancing opportunities across a multitude of devices and services. Global IP Solutions provides best-in-class voice and video quality and fidelity in end-to-end IP communications with robustness against packet loss. Global IP Solutions' world-renowned media processing and IP telephony experts deliver these solutions to service providers, enterprises, applications developers, network equipment, gateway and chip manufacturers. Companies using Global IP Solutions products include Nortel, Skype, WebEx, Yahoo!, AOL, Earthlink, BlueCross/BlueShield and other key players in the VoIP market. Global IP Solutions is a member of the Intel(r) PCA Developer Network, the Motorola Design Alliance, Symbian Platinum Partners and Texas Instruments' third-party developer network. Global IP Solutions has headquarters in San Francisco and offices in Santa Barbara, Stockholm, Hong Kong and Boston. 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.