IP Applications Investor Relations Overview

Business

IP Applications takes care of delivery, cash flow and customer support for companies delivering online services. Customers focus on their product marketing and technology while IP Applications solves their subscriber management, payment processing and end user satisfaction issues. The Company has over 65 active service contracts in the USA (90%) and Canada (10%) generating monthly recurring revenue of approximately $650K.

Market

IP Applications serves companies in the SaaS, Software on Demand and other online services market. Industry giants like Microsoft, RE/MAX, Bell Mobility and AOL Canada, as well as smaller enterprises like Sage Telecom, and Melaleuca depend on IP Applications’ product provisioning, payment processing, subscriber billing and customer support services

Revenue Model

Monthly Recurring Revenue from client service contracts.

Technology

The Company’s business solutions are based on its proprietary systems software that delivers a very flexible and cost-effective solution to its customer’s business infrastructure needs. IP Applications’ offshore partner in the Philippines ensures that customer support costs are highly competitive. The technology platform delivers:

• Subscriber management and automated service delivery and billing
• Credit card and pre-authorized bank account payment processing certified to Payment Card Industry Data Security Standards (PCI-DSS)
• First line tech support and incident tracking

History

Publicly listed on the TSX-V (“IPX”), IP Applications was founded in Vancouver in 1998 and has grown both organically and through acquisition. For 2006, the Company reported $9.3 million in annual revenue and was named in the 2006 Deloitte Technology FAST 50 program.