SPIRIT wins another Product of the Year Award

TeamSpirit® Mobile Voice and Video Engine is Recognized by INTERNET TELEPHONY Magazine for Outstanding Innovation

Moscow (Russia), January, 17, 2007 – SPIRIT DSP, the world’s leading provider of embedded voice, audio and video software products, announced today that TMC®’s INTERNET TELEPHONY magazine has honored TeamSpirit® Mobile Voice and Video Engine with a 2006 Product of the Year Award. INTERNET TELEPHONY magazine has been a VoIP Authority since 1998.

TeamSpirit® Mobile is the world’s most compact voice and video engine running on the mobile devices today, yet delivering the industry-standard voice quality and video performance. Now mobile OEMs can deliver low-MHz mass market VoIP-enabled handsets with prolonged battery life and improved voice quality at low price points.

“We are flattered that respected technology publisher TMC has chosen SPIRIT as a winner for the third time in 2006,” commented Slava Borilin, VP Products at SPIRIT. “Recently TeamSpirit® Mobile Voice and Video engine has already been honored by Internet Telephony Magazine for its Innovation and Excellency. In 2006 TeamSpirit® Mobile product has already attracted good customer attention among Asia-based mobile handset OEMs and is already being shipped in products of global leading mobile equipment makers.”

James Lo, Deputy Director of Product Planning at Compal stated: “Compal chose SPIRIT as the only company capable to provide the highest quality speech enhancement in the new 3G device.”

“INTERNET TELEPHONY is proud to bestow SPIRIT DSP with a 2006 Product of the Year Award. Each year INTERNET TELEPHONY magazine recognizes companies that have demonstrated excellence in technological advancement and application refinements,” said Rich Tehrani, TMC President and Editor-in-Chief of INTERNET TELEPHONY magazine. “SPIRIT has proven they are committed to quality and excellence while addressing real needs in the marketplace. We’re proud to honor their hard work and accomplishments and look forward to more innovative solutions from them in the future.”

A full list of Product of the Year winners will be published in February, 2007 INTERNET TELEPHONY magazine. (www.itmag.com)

About SPIRIT

SPIRIT DSP (www.spiritDSP.com) is the world’s leading provider of carrier-grade voice & video software engines since 1996. SPIRIT communication software is used in over 80 countries and powers more than 100 million voice channels. SPIRIT counts among its direct customers Adobe, ARM, AT&T, Blizzard, BT, China Mobile, Cisco, Ericsson, HP, HTC, Huawei, Korea Telecom, Kyocera, LG, Microsoft, NEC, Oracle, Polycom, Radvision, Samsung, Siemens, Skype, Texas Instruments, Toshiba, ZTE, and 200+ other telcos, OEMs and software vendors. SPIRIT smart-phone OEM customers’ shipments jointly exceed 60% share of the global market.