USA - East Coast
Global IP Solutions, Inc.
25 Nashua Road
Building C, Suite 3
Londonderry, NH 03053
USA
Phone: +1 603 425 1274
Fax: +1 603 425 1277
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Europe
Global IP Solutions AB
Magnus Ladulåsgatan 63B
SE-118 27 Stockholm
Sweden
Phone: +46 8 410 39 800
Fax: +46 8 5455 3049
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Asia Pacific
Global IP Solutions Asia Pacific Ltd.
Suite 4509, The Lee Gardens
33 Hysan Avenue,
Causeway Bay
Hong Kong
Phone: +852-3180-2250
Fax: +852-3180-2299
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Korea
Global IP Solutions
18/F Kyungam bldg.
Samsung-dong
Seoul
Korea
Phone: +82 2 3450-1516
Fax: +82 2 3450-1510
E-mail:
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| GIPS Enhances Online Communication Experience For Largest Social Networking Site In China, 51.Com |
51.com Utilizes GIPS’ VoiceEngine Technology to Develop Superior Voice Service for more than 90 Million Users
San Francisco —
January 2, 2008 — Global IP Solutions (GIPS), the leading
provider of media processing solutions, has been selected by ‘51.com’ to power
its instant messaging with voice application for its 90 million users in China.
51.com launched the new IM service
called “51 guagua” on January 1, 2008. GIPS helped 51.com reduce its
time-to-market and is providing the best voice quality available worldwide even
under adverse network conditions. GIPS VoiceEngine is widely recognized as the
highest quality and most robust voice solution available.
“As the phenomenon of social
networking continues to grow, users are demanding superior voice quality as
people become very frustrated with poor quality services,” said Peng Shendong,
president and CEO of 51.com. “That’s why we chose GIPS VoiceEngine to ensure
that our community is served with superior voice quality. We have gained a
significant competitive advantage in the quality of the experience that we
deliver to our users.”
“Shanghai-based, 51.com is one of the
most popular Internet portals in China with more than 5 million new users
joining every month,” said
China's largest blog community is committed to providing
personal blog networking services for millions of users via the Internet, and it
is the network platform for millions of netizens to show off themselves.
51.com's subscribers have reached 90 million, and such a figure is still
increasing at a rate of 5 million new subscribers per month; the website's
monthly login users have reached 20 million, and the simultaneous online users
rocketed to 700,000; with daily average page views totaling up to 200 million
times. Now 51.com has earned a rank in the top 20 Chinese website's worldwide,
and its striking development speed has been deemed a miracle in China's Internet
industry in 2006. In May 2006, Sequoia Capital China and SIG successively
completed a US$6 million strategic investment to 51.com. In May 2007, 51.com
obtained US$10 million joint investment from Intel Capital, Sequoia Capital,
Redpoint, and SIG, which completed the Company's second round of financing. Such
strategic investment offers strong and forceful support for the following
development and management of 51.com. The 51.com blog community will dedicate
itself to acting as an advocator for a healthy culture, a diversified culture,
and a harmonious culture. Meanwhile, the Company will continuously strengthen
its management, R&D and operations, in order to offer high-level products
and services for Internet users and improve its business model. In addition, the
Company is making endeavors to become a strong stock on the NASDAQ market within
three years.
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