SOURCE: GoIP Global, Inc.

May 01, 2007 10:00 ET

FCC Approves World's First GSM Watchfone™

NEW YORK, NY -- (MARKET WIRE) -- May 1, 2007 -- GoIP Global, Inc. (PINKSHEETS: GOGB), a specialized Mobile Media Communications Company, announced today that FCC approval has been granted for the world's first GSM Watchfone™. GoIP has signed an exclusive distribution agreement to distribute the GSM M500 Watchfone™ in North and South America. By inserting a Cingular or T-Mobile, (or from any other GSM worldwide carrier) SIM card, the watch operates as your cell phone connected by Bluetooth to your head-set.

Jesse Margolis, COO of GoIP, commented, "With FCC approval we can now begin production, and our expected launch date for the new GSM Watchfone™ will be July 2007. We are now in discussions with several distributors around the world."

About GoIP Global, Inc.

GoIP Global, Inc. is a New York-based Mobile Media Company with marketing expertise in information and communication content delivery. GoIP is launching several business units capitalizing on its expertise. These efforts will create Global Communities that will benefit from the social sharing of information with immediate access to news, entertainment, products and services through wireless devices. For more information, visit, www.goipglobal.com.

Safe Harbor Statements under the Private Securities Litigation Reform Act of 1965: 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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