VANCOUVER, Sept. 18 /CNW/ - IP Applications Corp. (TSX-V: IPX) announces
the expanded availability of its comprehensive on-demand billing application.
Newly-released product capability information is available for download from
the Company's product-specific website www.SaaSAutomation.com. The Company's
on-demand billing and payments system performs recurring and one-time billing
and payments for businesses selling software and services to customers with
subscription-style authorized long-term access to their products.
John Jacobson, President and CEO of IP Applications said "Market watchers
and prospective new customers tell us that our billing and payments'
application simply does more than all the others that they've looked at. The
product is real and our existing customers including AOL, Bell Mobility and
Amway among others, use it every day to run their businesses."
IP Applications' SaaS-enabling application is itself a
Software-as-a-Service product that provides comprehensive billing, subscriber
administration, product catalog management and channel partner tools to SaaS
vendors and cloud computing applications on a pay-as-you-go basis. The Company
has extensive experience setting up and delivering these online services to
current customers. Software vendors can implement their SaaS go-to-market
strategy without their product developers writing business logic and marketing
support functions that are critical to business success but are not core to
the SaaS product itself.
About IP Applications
The Company delivers billing, payment processing, customer care and
hosting for companies in SaaS and cloud computing, telecom, internet services
and electronic commerce markets. Customers can focus on their product
marketing while IP Applications provides critical billing, administrative and
marketing support capabilities.
More product information is available on its corporate website
(www.IPApplications.com) and on its product-specific website
This press release contains forward-looking information regarding the
Company's products and their suitability for the needs of one or more markets.
The Company cautions users of this forward-looking information that actual
results or events may vary materially either favorably or unfavorably from
those described due to a number of risks and uncertainties, including the
inability of the Company to accurately forecast the revenue from new and
existing customers, the inability of the Company's customers to accurately
forecast their own need for Company products and services, changes in the
relative value of the US dollar and the Canadian dollar and the possibility
that one or more customers or suppliers might experience financial
difficulties that could affect the Company's ability to deliver and get paid
for its products and services. Please refer to the Company's management's
discussion and analysis ("MD&A") for further discussion of these and other
risks and uncertainties in relation to such forward-looking information.
The TSX Venture Exchange does not accept responsibility for the adequacy
or accuracy of this release.
For further information:
For further information: Richard Topham, CFO, D (604) 630-5657, E