NEW YORK, Aug. 17 /PRNewswire-FirstCall/ - GoIP Global, Inc. (Pinksheets:GOIG - News) http://www.goipglobal.com further to the company's press release of August 4, 2009 and August 11 2009 (http://www.pinksheets.com/pink/quote/quote.jsp?symbol=goig) where amongst other things Ike H. Sutton, CEO provided the company shareholders an update of the company's plans for a China merger and Pink Sheets upper tier ranking.

Ike H. Sutton, CEO said "This is one of many planned and scheduled updates on the reorganization of the company which we will be releasing over the next several weeks. Let me begin by saying that I have completed my visit to Canada and met with a majority shareholder and its chairman of the Chinese Media and information technology Company, (Mergco) the targeted Merger Company. The Chinese Media and IT Company's financials look good and there is a real solid substantial business there. We have received permission to post their financials on GOIG (name scrubbed) until transaction completed. Our next step will involve another visit to Canada to tour the administrative facilities and a trip to China to verify all the facts, business model, business plan and financials. We expect to be in a position to close the transaction within the next 30 days. Details of the merger transaction will be posted shortly upon recapitalization and or completion of the pending transaction. I believe that our shareholders will agree (upon reviewing these financials) that GOIG is on a cusp of becoming a substantial player in the media and information technology business should this merger come to fruition."

"On the issue of management, subject to the successful merger GOIG will appoint a new CEO. A preliminary search in the Asian market has already begun, for the new CEO with expertise in the media and IT industry, through various networking sources. When all is said and done, in the next 30-45 days GOIG plans are to internally reorganize and re-launch as a vibrant multinational media and information technology company, with dual Presidents operating each division, I in USA and the Mergco President, plus a new CEO and a full board member of directors overseeing operations."

The company will provide further updates shortly.

Safe Harbor Statement

Information in this news release may contain statements about future expectations, plans, prospects or performance of GoIP Global, Inc. that constitute forward-looking statements for purposes of the safe harbor Provision's under the Private Securities Litigation Reform Act of 1995. The words or phrases can be, "expects," "may affect," "believed," "estimate," "project," and similar words and phrases are intended to identify such forward-looking statements. GoIP Global, Inc. cautions you that any forward-looking information provided by or on behalf of GoIP Global, Inc. is not a guarantee of future performance. None of the information in this press release constitutes or is intended as an offer to sell securities or investment advice of any kind. GoIP Global, Inc.'s actual results may differ materially from those anticipated in such forward-looking statements as a result of various important factors, some of which are beyond GoIP Global, Inc.'s control. In addition to those discussed in GoIP Global, Inc.'s press releases, public filings, and statements by GoIP Global, Inc.'s management, including, but not limited to, GoIP Global, Inc.'s estimate of the sufficiency of its existing capital resources, GoIP Global, Inc.'s ability to raise additional capital to fund future operations, GoIP Global, Inc.'s ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities and, in identifying contracts which match GoIP Global, Inc.'s capability to be awarded contracts. All such forward-looking statements are current only as of the date on which such statements were made. GoIP Global, Inc. does not undertake any obligation to publicly update any forward-looking statement to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events.

CONTACT: GoIP Global, Inc., (302) 357-9915, info@goipglobal.com

SOURCE GoIP Global, Inc.

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