IP Applications was originally founded in 1998 and is currently listed on the TSX Venture Exchange as "IPX". The company has 15,086,624 shares issued and outstanding as of December 31, 2006.
The company is tightly held by a select group of venture capitalists and former management; Pender Financial Group ownership has increased to 43% over the last three years. The public float is approximately 7,500,000 shares.
Over the past five years, the company has shown revenue growth of 454%, and was named to Deloitte's prestigious 2006 Technology Fast 50, the annual program which recognizes excellence, innovation and the fastest growing tech companies in Canada.
Our target markets are a blend of short, medium and long term — i.e. Enterprise or Fortune 1000, Telecommunications companies, and Power Utilities (Broadband over Power Lines). The company has established, and will continue to strengthen, relationships with major players in each of these markets.
AOL Canada, Bell Mobility, Microsoft, iGlide, Quixtar, and Sage Telecom are a few of IP Applications’ 60+ clients.
An expert in the delivery of business processes and services over the Internet, IP Applications is the service behind the service provider. Our strength is creating effective, client-specific technology solutions that enable companies to deploy, manage and support IP services.
We help companies in the Telecommunications, Wireless and Broadband over Power Line markets to drive new revenue and optimize operational efficiency. Working in partnership, we identify the most efficient ways to deliver internal and external applications and services by leveraging our clients' and IP Applications' people, processes and technology.
Central to our solutions are IP Applications-technology systems: Operational Support System (OSS) and Help Desk. These systems are designed to enable service providers to manage every aspect of IP service delivery from end user service activation to account authentication, billing, reporting and support as well as IP network and device management.
| IP Applications Corp. Receives Final Acceptance on $775,000 Private Placement | 07/30/2008 - 07:00 | $0Million |
| IP Applications Corp. Announces $1.5 million Non-brokered Private Placement | 06/20/2008 - 07:00 | $1Million |
| IP Applications Closes $1.23 Million Financing | 11/08/2007 - 05:31 | $1Million |
| IP Applications Corp. Announces $1.2 Million Private Placement and Debt Settlement | 10/19/2007 - 07:00 | $1Million |
| IP Applications Announces $400,000+ Bridge Financing | 09/26/2006 - 07:00 | $0Million |
| IP Applications Closes $500,000 Financing | 12/20/2005 - 08:00 | $0Million |
| IP Applications Reports Second Quarter Results and $500,000 Private Placement | 11/30/2005 - 08:00 | $0Million |
| IP Applications Closes Purchase of Technology Assets and $900,000 Private Placement Financin | 06/15/2005 - 07:00 | $0Million |
| Pender Growth Fund Invests $500,000 in IP Applications | 05/11/2005 - 07:00 | $0Million |
| IP Applications Announces $800,000 Private Placement and Change of Board | 04/14/2005 - 07:00 | $0Million |