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List of Press Releases
April 2009
e-Games launches e-Gamer Millionaire, the biggest online gaming contest in the Philippines

Php 1 Million at stake in the Grand Draw plus Thousands of cash prizes and Epoint cards to be given away  
 
April 30, 2009, Makati City -  IP e-Game Ventures Inc,  (e-Games) will yet again set another gaming milestone as it launches e-Gamer Millionaire, the biggest online gaming contest in the Philippines. More than Php1 Million worth of prizes will be given away.

Open to all e-Games and X-Play gamers, just buy an e-Games EP card and top up the respective e-Games account. The purchased EP card serves as raffle entries. The more EP cards are bought, the more chances of winning.  

EP Denomination         Raffle Points

20                                     1

50                                     3

100                                   7

200                                   15

300                                   25

500                                   45

1000                                 100

 The e-Gamer Millionaire contest will run from April 2009 to November 2009.

Every 4th of the month, starting this May, e-Games will raffle off Php10,000 and ten (10) 500 EP cards as consolation prize.  At the Grand Draw on November 2009, ten (10) lucky players will win 5,000 EP cards each,  the 2nd and 3rd prize winners will win Php50,000 and Php100,000, respectively. The lucky Grand Prize e-Gamer will win a whopping Php1,000,000.

Not only will this contest bring financial rewards to the winners but also newfound fame as they will be heralded the first Filipino to acquire Php 1,000,000 through online gaming.

Ed Pasion, e-Games VP for Marketing, said that the e-Gamer Millionaire contest is more than just a contest. “It’s our way of giving back to a community that has been supportive of our game launches, events, school and mall tours. Our continued success as the leading provider of online gaming entertainment, the yearly gaming milestones we’ve achieved and the industry awards that we’ve garnered, we owe it all to the e-Games community. This contest is just one way of showing our deep gratitude and saying thank you.”

For more information about the e-Gamer Millionaire, log onto www.millionaire.egames.com.ph  
 
About IP E-Games

IP E-Game Ventures, Inc. (IP E-Games), is a subsidiary of IPVG Corp. (PSE: IP) that operates the online gaming business unit of the company. IP E-Games has the exclusive distribution rights to the #1 MMORPG RAN Online, #1 Casual Games O2Jam and Audition, Supreme Destiny and Presidential Award recipient Korean game Granado Espada. IP E-Games is ranked #1 online games publisher in the Philippines and holds the top three titles in the Philippines namely - RAN Online, #1 MMORPG plus O2Jam and Audition #1 rhythm and dance casual games, respectively. IP E-GAMES strategic minority investors include the Philippine Star Group, and E-Store Exchange (an affiliate of GMA7). For more information log on to: www.e-games.com.ph

About X-Play

X-Play Online Games Incorporated (X-Play) is a joint venture between IP E-Game Ventures Inc. (IP E-Games), the online gaming subsidiary of IPVG Corp. (PSE: IP) and GMA New Media Inc. (GMA-NMI), the digital media arm of GMA Network Inc. (PSE: GMA7) that is keen on revamping online casual gaming to even greater heights. It will focus on designing, operating and maintaining casual online gaming and casual online gaming-related portals.  X-Play also aims at evolving and promoting casual online gaming and its digital content development, especially with the convergence of traditional and digital media through IP e-Games and GMA-NMI.  The popular dance casual game, Audition Dance Battle, and the music rhythm game, O2Jam, are the first games to be included in this joint venture.

Editorial contacts:

Emir Samonte                 
IP e-Game Ventures Inc.        
Tel – 976-4784                                   
emir.samonte@ip-egames.com                  
                    
Justine Bonilla
Dominguez Marketing Communications, Inc.
Tel – 897 7088 / 890 3766
justine.bonilla@dominguez.com.ph
 


IPVG Corp. to Raise PhP 300 Million from GEM investment group

IPVG Corp. to Raise PhP 300 Million from GEM investment group

Makati City, 29 April 2009 – Technology firm IPVG Corp. (PSE: IP) has executed an Investment Agreement today with private investment groups  GEM Global Yield Fund Limited, GEM Investment Advisors, Inc. (collectively known as “GEM”) and ELITE Holdings Inc.

In a disclosure to the Philippine Stock Exchange, IPVG grants GEM Global Yield Fund Limited to subscribe from IPVG and to purchase from existing shareholder Elite Holdings Inc. shares in IPVG, for up to an aggregate value of Three Hundred Million Pesos (PhP 300,000,000.00).

The investment, which is for primary as well as secondary shares, involves both the Company (IPVG) and one of the principal shareholders (ELITE).

The Agreement likewise provides that IPVG shall issue to GEM or to GEM’s order, one or more Warrant(s) to subscribe for up to 30,000,000 shares. 

The funding will be used for IPVG’s future business activities and engagements, and for the expansion of its operating subsidiaries.

IPVG CEO Enrique Y. Gonzalez said, “This investment provides IPVG financing for expansion and for the organic capital requirements of our business subsidiaries. We welcome GEM`s entry into our company as they bring with them a strong track record in private equity and capital markets from their investment activities around the world."

"Despite a challenging global macro environment, this deal is evidence that well run companies can attract smart capital”, Gonzalez closes.

The GEM Group (Global Emerging Markets), comprising GEM Investment Advisors, Inc. and Global Emerging Markets Global Yield Fund Limited and their affiliates, was founded in 1991. It is a US$ 2.7 billion alternative investment firm engaged in the management of a diverse set of investment tools centered on emerging markets all over the world. It is a UK-based fund management group with offices in London, New York, Paris and Hong Kong. The scope of GEM Group’s activities and investment is both US domestic and international, across a broad spectrum of industries and transactional structures. The Group has completed more than 230 transactions representing investment in over 200 companies in 45 countries across the world.

IPVG is currently in the business of IT&T, online gaming, business process outsourcing (BPO), payment solutions, mobile content development and digital animation. It is aggressively expanding its business operations and now has eight (8) subsidiaries. From the Philippines, it has established its presence, through its subsidiaries, in Singapore, Hong Kong, Vietnam, India, Panama, United Kingdom and USA. 

About IPVG
IPVG is publicly listed on the Philippine Stock Exchange (PSE Ticker Symbol: IP). Its subsidiaries operate in the following business segments: (i) Communications (IP Services and Internet Security); (ii) Content (On-line gaming and Mobile solutions), and (iii) Business Process Outsourcing (BPO). IPVG’s presence is established in the Philippines, Singapore, Hong Kong, Vietnam, India, Panama, United Kingdom and USA. 

Editorial contacts:

Sheila Rada
Corporate Communications Manager                       
IPVG Corp.               
Tel No – [632] 976 4788       
sheila.rada@ipvg.com              


GlaxoSmithKline and FVSC Join Forces Against Cervical Cancer

Makati City, 28 April 2009 – Pharmaceutical firm GlaxoSmithKline Philippines, Inc. (GSK) and Family Vaccine Specialty Clinics, Inc. (FVSC) signed a Memorandum of Agreement (MOA) to promote cervical cancer prevention by making GSK’s cervical cancer vaccine available in all FVSC clinics.

Cancer of the cervix is the second leading cause of cancer death among Filipino women. It is also the second most common cancer among women, the first being breast cancer.

The World Health Organization estimates 630 million people have HPV. There are up to 40 million cases of abnormal cervical cells and pre-cancers, which are conditions that may lead to cervical cancer. Each year, there are about 400,000 new cases of cervical cancer - 80% of which occur in developing countries. In the Philippines, according to the 2005 Philippine Cancer Facts and Estimates, 7,277 new cases and 3,807 deaths due to cervical cancer were estimated to have occurred. This meant that there were approximately 10 Filipino women dying each day due to cervical cancer. This is mainly due to late detection and lack of awareness of the disease among Filipino women.

GSK is a leading global vaccine manufacturer committed to preventing diseases in people of all ages with innovative vaccines and delivery systems. “Winning the fight against cervical cancer requires coordinated effort and support from different stakeholders,” said Millie Lozada, GSK VP for Commercial Vaccines. “Our partnership with FVSC will allow us to reach more Filipino women and protect them from the harsh realities of this killer disease.”

FVSC was established in 2007 and started as an animal bite treatment center that offers subsidized anti-rabies treatments made possible through private and public partnerships. To date, there are now 30 clinics located nationwide with highly trained medical staff to administer immunization treatments. “We are proud to be a partner of GlaxoSmithKline in the fight against Cervical Cancer,” said Vina Reodica, FVSC Operations Manager. “Their dedication to develop preventive medicine for the improvement and protection of health is a vision that we share in FVSC by making the vaccine affordable, accessible and available to Filipinos.”

Under the agreement, GSK will undertake the training of FVSC’s medical staff while FVSC will make available GSK’s cervical cancer vaccine in its clinics for females 10 years of age onwards.

GSK’s cervical cancer vaccine will be rolled out to FVSC clinics by Mid-May onwards.

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About GSK

As one of the world’s leading research-based pharmaceutical and healthcare companies, GSK has a challenging and inspiring mission: to improve the quality of human life by enabling people to do more, feel better and live longer. In the Philippines, GSK is committed to making a difference in the lives of Filipinos by improving access to its globally-trusted brands and fulfilling its responsibilities to underserved communities.

 

About FVSC

FVSC is a privately held company primarily engaged in the importation, distribution and administration of vaccines through clinics set up throughout the country.  It is the healthcare services division of IP Foundation, the CSR program of IPVG Corp. FVSC`s mission is to make quality and essential vaccines accessible, available and affordable to Filipinos, particularly to those belonging to the lower income groups.

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Editorial contacts:

Sheila Rada
Corporate Communications Manager
IPVG Corp.            
Tel No – [632] 976 4788    
sheila.rada@ipvg.com

Salesforce.com launches year-round CRM Mini Seminars with IP-Converge

April 22, 2009; Manila, Philippines - IP Converge Data Center, Inc., the information technology and telecommunications division of publicly-listed IPVG Corp., and Salesforce.com, world-leader in on-demand business services and customer relationship management (CRM) launched a series of CRM Mini Seminars and Powerstart Workshops in Manila last March and will go on until the end of 2009.

These year-round activities are part of IP-Converge’s thrust to educate and evangelize business owners and executives on the benefits of cloud computing in today’s budget-sensitive yet results-oriented economy. The CRM Mini Seminar tackles the role of CRM solutions for growing organizations and the advantages of cloud computing, specifically, multi-tenant architecture and subscription-based models, over traditional business operations technologies which start-ups or small and medium sized companies find difficult to gain access to, be it for pricing or sizing reasons. The Powerstart Workshops on the other hand, provide users with hands-on experience and personalized training on the numerous applications and features of Salesforce.com. The seminars and workshops are free of charge and are conducted by Salesforce.com-certified resource speakers from Salesforce.com in Singapore and IP-Converge in the Philippines.

Mimi Dizon, IP-Converge’s Business Development Director for Salesforce.com, believes that these seminars and workshops are a must-attend for business owners who want better control and visibility into their business; sales, marketing or business development managers who would like to connect between demand generation and deal closure; or customer relationship managers looking for ways to improve overall customer experience.

“This collaboration gives business owners and sales managers the unique opportunity to learn how an affordable enterprise solution can drive success in terms of sales and operational efficiency without the high cost of hardware, space, utilities,  software, and an entire technical team,” says Dizon.

IP-Converge is Salesforce.com’s exclusive go-to-market partner and system integrator in the Philippines as well as an outsourced technical services provider for the Asia-Oceana region. In 2008, IP-Converge was appointed as Authorized Training Center by Salesforce.com, making the Philippines only the third country in the entire ASEAN region recognized to have the skills and knowhow to conduct official Salesforce.com technical and operational training sessions.

“We are very excited about these mini seminars, particularly in that IP-Converge is actively propagating the use and benefits of cloud computing across the enterprise markets,” says Rene Huergas, President of IP-Converge.  “At the same time, we are developing technical skills in the CRM arena, and eventually open new opportunities for technical support across the Region. Our partnership with Salesforce.com has been very successful, with revenue growth of 142% year-on-year; and this year, our CRM business is projected to achieve similar growth potential”, he adds.

For more information on the schedule and availability of upcoming Salesforce.com CRM Mini Seminars and Powerstart Workshops, email salesforceteam@ip-converge.com or visit http://usergroups.salesforce.com/philippines.

Editorial Contacts:

Niño Valmonte
Marketing Manager, IP-Converge
9764784 loc. 4213
nino.valmonte@ip-converge.com

Justine Agnes Bonilla
Senior Account Manager, Dominguez Marketing Communications Inc.
8977088 loc.107
justine.bonilla@dominguez.com.ph
 


IP-Converge and Blue Media Communications Form Strategic Alliance

Makati City, 02 April, 2009 -- Blue Media Communications and IP Converge Data Center, Inc., the information technology & telecommunications division of publicly listed IPVG Corp. (PSE:IP), announced today a strategic partnership focused on the fast-growing wireless communications and security market.

The partnership covers two key agreements – Resellership and Licensing. As Channel partners, IPC and Blue Media will be able to promote and resell each company’s bandwidth and internet connectivity services. IPC will leverage on Blue Media’s Broadband Wireless  technology to address varying customer needs. Blue Media, on the other hand, shall capitalize on IP-Converge’s high bandwidth and redundant IP network to enhance internet solutions offerings to its customers.

Under the licensing agreement, IP-Converge will be able to offer Blue Media’s wireless broadband and security systems to its customers. Its advanced security technology uses the internet, among others, as one of its transport medium to transmit security footage and images to a Command and Control Center in real-time while providing 100% video recording of all cameras. Available either vehicle-mounted or stand-alone, this technology offers greater mobility and wider area coverage.

“Telecommunications customers have very specific requirements so it is imperative for us to provide more options that suit their budget and operational needs,” says Percival de los Reyes, SVP-Managed Data Services, IP-Converge. “Our partnership with Blue Media will help us implement our go-to-market strategy by diversifying our product line and promote wireless technology.”

Blue Media is engaged in the provisioning of services specifically designed for government entities, large enterprises, and services networking communities using new and reliable wireless technology. According to Rico Abarentos, President and CEO of Blue Media Communications, "Market demand for high quality, wireless broadband and security service is growing and the combined expertise of IP-Converge and Blue Media raises the bar on excellence and service for the industry. This partnership represents a great opportunity to benefit our communities and growth for both businesses.”

IP-Converge is a regional data center whose core competency is managed data services particularly server co-location, connectivity services, network security and Disaster recovery with data centers in Makati, Singapore and Hong Kong and points-of-presence in the United States and United Kingdom. IPC is the only wholly-owned Filipino company with direct peering with the Hong Kong Internet Exchange (HKIX) and multiple routes to Singapore.

Editorial Contacts:

Niño Valmonte
Marketing Manager, IP-Converge
9764784 loc. 4213
nino.valmonte@ip-converge.com

Justine Agnes Bonilla
Senior Account Manager, Dominguez Marketing Communications Inc.
8977088 loc.107
justine.bonilla@dominguez.com.ph
 


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