SOURCE: GoIP Global, Inc.

January 15, 2008 10:30 ET

GoIP Finalizes With Mobalex

M2 Products Projected to Deliver Multi-Million Dollar Increase in GoIP '08 Revenues

NEW YORK, NY--(Marketwire - January 15, 2008) - GoIP Global, Inc. (PINKSHEETS: GOGB) (FRANKFURT: 3GG) announced the completion of the Exclusive Distribution Agreement with M2, a rapidly growing, Singapore-based voice communications company. Under terms of the final agreement, GoIP will be licensed exclusively to market a wide range of patented voice communications technologies, applications and proprietary cell phones throughout USA, Central and South America. M2 will earn 2% of GoIP revenues.

Chris Lange, CEO of M2, stated, "Our technology and patents now include the technology the industry is focusing on to reduce the cost of roaming charges, giving GoIP the ammunition to complete aggressively and successfully in the mobile phone marketplace."

Ike Sutton, CEO of GoIP, commented, "The suite of products now available to us from M2 raises our revenue projections for 2008 well into a multi-million dollar boost over and above our existing mobile media business."

In reviewing his vision of the synergies of these two companies, consultant and GoIP shareholder Bruce Shapiro added that, "The marriage of M2 patented technologies with GoIP marketing strengths will produce immediate value for GoIP shareholders, and will allow GoIP to accelerate its development as a major player in the world of emerging communications technologies."

About M2

Founded in Toronto, Canada, M2 has grown to become a leading voice communications technology provider, with a growing share of the world telecom market. Through its strong technological capabilities and extensive distribution network, backed by a suite of patents, M2 brings high-quality voice communication services to individuals and public and private user groups of all sizes and interests with its wide range of service offerings. M2 owns and provides one of the most comprehensive, simplest and most cost effective communication technologies available anywhere. For more information, visit, www.mobalex.com.

About GoIP Global, Inc.

GoIP Global is a technology provider and developer of innovative Value added Services (VAS) solutions for the mobile marketplace. Its flagship product, the GoIP Global Server™ (GGS™), is a middleware platform that links businesses with their customers through the mobile network infrastructure. GoIP Global solutions address the various business needs of network operators, service providers, retailers, vendors and media, looking to deploy new mobile services to create alternative sources of revenue and to interact with their customers with personalized solutions to suit their needs and requirements. For addition information, visit, www.goipglobal.com.

Safe Harbor Statements under the Private Securities Litigation Reform Act of 1995: Those statements contained herein which are not historical are forward-looking statements, and as such, are subject to risks and uncertainties that could cause actual operating results to materially differ from those contained in the forward-looking statements. Such statements include, but are not limited to, certain delays that are beyond the Company's control, with respect to market acceptance of new technologies, or product delays in the testing and evaluation of products, and other risks, as detailed in the Company's periodic filings.

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