News Releases

WYLIE, Texas, November 28, 2006– Integrated Performance Systems, Inc. (OTC Bulletin Board: IPFS), a leading Electronic Manufacturer Services (EMS) company which designs, engineers and manufactures technologically advanced printed circuit boards, announces effective immediately, the Company’s name has been changed to Global Innovation Corp and the Company is now quoted on the OTC Bulletin Board under the new ticker symbol GINV.

As part of the name and symbol change, Global Innovation Corp has launched a fresh web site (www.globalinnovationcorp.com) introducing the Company’s new global identity, including a new logo, branding image and supporting Product and Services details.

The Company revised its name to more accurately communicate its mission as a leading Electronic Manufacturer Services company focused on quality and specially PCB design platforms and providing a unique suite of supply chain services and delivery solutions.

Brad J Peters, Vice President and Chief Financial Officer of Global Innovation Corp said, “As a customer focused company, our strategy is to provide a comprehensive array of services that allow our customers to focus on developing ideas and products. Our vertically integrated services provide our customers with a total solution encompassing design, manufacturing, assembly and supply chain logistics through our US facilities and world-wide operations. Our new name and identity better reflects who we are today and where we will be growing in the future.”

Preliminary details on the renaming of the Company’s business were disclosed in the current report on Form 8-K that was filed with the Securities and Exchange Commission on November 11, 2006.

About Global Innovation Corp (formerly Integrated Performance Systems, Inc.)

Global Innovation Corp is a leading Electronic Manufacturer Services (EMS) company through its wholly owned subsidiary Best Circuit Boards, Inc., designs, engineers and manufactures technologically advanced printed circuit boards. Our customers are generally high-end commercial companies, the military and military suppliers. The commercial markets are typically characterized by time-sensitive, high technology prototypes and short product life cycles. The military markets require special certifications and are characterized by high reliability and advanced technology and in many cases are formalized by long-term contracts. Our principal products are complex multi-layer printed circuit boards, including antenna and metalback radio frequency circuit boards. Printed circuit boards serve as the basis and foundation for electronic equipment. The circuit boards we produce are sold through direct sales people and manufacturer's representatives to a variety of commercial and military markets. The commercial markets and their applications include power systems, telecommunications, computer hardware, consumer electronics, instrumentation and controls. The military applications for our products include satellite communications, avionics, missiles, smart bombs, defense systems, radar detection and test equipment.

For More Information, Contact:
Brad J. Peters, Vice President and Chief Financial Officer 1-800-303-9266
Visit the Company's website at www.globalinnovationcorp.com

Jim Drewitz, Investor Relations
Creative Options Communications
972-355-6070 / jdrewitz@comcast.net

Certain statements contained herein with respect to factors which may affect future earnings, including management's beliefs and assumptions based on information currently available, are forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements that are not historical facts involve risks and uncertainties, and results could vary materially from the descriptions contained herein. For more details on risk factors, see the company's annual reports on Form 10-KSB, quarterly reports on Form 10-QSB and other filings with the Securities and Exchange Commission.

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