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IP-Converge Hires New VP to lead Financial Systems Group

 Makati City, Philippines – 22 April 2008 – IP-Converge Data Center, Inc., the information technology and telecommunications division of listed company IPVG Corp. (PSE: IP) announces the appointment of Daniel Viray as Vice President for Financial Systems. The newly formed division of IP-Converge is dedicated to the provision of business solutions and services for the banking and finance sector.

Utilizing the combined portfolio of IP-Converge's solutions with the offerings of Credence Analytics, India' leading Financial Systems provider, Viray will provide the direction for the business unit to establish its name in the finance industry.

 "IP-Converge's long-term plan is to expand its cache of financial solutions and services to meet the needs of companies across industries. With Dan at the helm, I am confident that objective will soon be realized," said Reynaldo Huergas, President of IP-Converge. "

Viray's work history include holding key positions such as country manager and sales director in multinational firms like Sun Microsystems and Hewlett Packard. Prior to joining IP-Converge, Viray was the Regional Sales Director of AurionPro Solutions Pte Ltd. He brings with him over 26 years of management and sales experience in banking and information technology.


About IP-Converge

IP-Converge Data Center, Inc. is an information technology and telecommunications (IT&T) company, providing local and international clientele with fully integrated, managed value-added IT services at global service-quality standards. It offers IT Outsourcing and System Integration packages to clients requiring customized IT&T solutions and its business is based upon the foundation of quality delivery, high customer satisfaction and cost-saving benefits. For more information, visit www.ip-converge.com.

 

About IPVG

IPVG Corp. is publicly listed on the Philippine Stock Exchange (PSE Ticket Symbol: IP) and engaged in the information technology and communications space. IPVG owns three operating subsidiaries in: (i) Information Technology and Telecommunications (IT&T); (ii) on-line gaming, and (iii) Business Process Outsourcing (BPO). For more information, visit www.ipvg.com.

Editorial contact:

 Sheila Rada                            Niño Valmonte                                       Mel Dominguez

IPVG Corp.                             IP-Converge                                           Dominguez Marketing Communications Inc.

(632) 976 4788                        (632) 976 4784                                       (632) 897 7088

sheila.rada@ipvg.com             nino.valmonte@ip-converge.com              mel.dominguez@dominguez.com.ph