NEW YORK, NY--(MARKET WIRE)--Jul 18, 2008 -- GoIP Global, Inc. (Other OTC:GOIG.PK - News) announced the finalization of a Joint Venture (JV) between GoIP Global, Jason Rappaport, founder of iMobile (www.imobilepc.com), and Netricsoft (www.bighip.com), a Trusted Email provider. Under the JV, GoIP will own 55% of the newly formed company and be responsible for strategy and marketing. The JV will facilitate the electronic delivery and organization of printed material via cell phones. Specializing in secure electronic delivery of coupons, bills, statements, annual reports, confidential records, paystubs and myriad other documents. The Platform will enable GoIP corporate clients to realize massive cost savings by significantly reducing the costs of postage, printing and people associated with current paper based document delivery processes.
Jason Rappaport, the JV's President, commented, "The newly developed, to be patented mobile delivery platform will enable Coupons and other traditionally printed material to be delivered electronically, saving substantial distribution costs for advertisers, real targeted saving for consumers and being environmental friendly. Our goal to launch our new service will be 1Q 2009 initially, targeting the coupon distribution industry, which delivers several billion coupons annually."
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, 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 additional 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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