New Name and Brand Reflects an On-Demand Billing Focus for Monexa
VANCOUVER, Oct. 27 /PRNewswire-USNewswire/ -- On-demand billing experts IP Applications Solutions Inc. (IPA) announced that, effective today, the Company will change its name to Monexa Solutions Inc. The new name reflects a clearer focus on rapid, dependable monetization through the company's sophisticated SaaS billing services.
Superior product and service offerings have made the IPA subscription billing solution the most effective way for companies to monetize their services on-line. The shift in the market toward SaaS offerings and IPA's focus on subscription billing warranted a company name more in line with the current business focus and future plans.
"Our customers have been telling us we have the most capable subscription billing solution available on-demand and we chose a name that reflects that. We're maintaining "IP Applications" as a trade marked service for our traditional Internet business," explains John Jacobson, President and CEO of Monexa.
The name Monexa [@monexa] reflects the company's ability to rapidly monetize products and services by removing barriers imposed by traditional billing and payments processes. It alludes to a focus on monetizing clients' on-line services to increase their revenue opportunities and improve their cash flow. Monexa provides companies with the freedom to market their services with creative pricing plans. The brand is centered on rapid and dependable monetization for any business, proving that 'game-changing billing is now possible.'
The official company name change will not impact the products, services or overall experience for current Monexa customers.
About Monexa
Monexa pioneered the on-demand subscription billing space and has worked with hundreds of businesses to help monetize their services. A deep skill-base and leadership in subscription billing sets Monexa apart from other service providers and attracts established customers North America-wide. Monexa's customers range in size from high growth SaaS and Cloud Infrastructure companies to large household name companies like AOL Canada, Sprint, Amway and Bell Mobility.
Monexa provides companies the freedom to market their services through creative pricing plans by removing barriers imposed by traditional billing and payments processes. Monexa; rapid, dependable, monetization of all subscription services. For more information visit www.monexa.com
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the Company's securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "1933 Act"), or any state securities laws and may not be offered or sold within the United States or to U.S. persons unless registered under the 1933 Act and applicable state securities laws, or an exemption from such registration is available.
Forward-Looking Statements
This news release contains forward-looking statements. Actual events or results may differ materially from those described in the forward-looking statements due to a number of risks and uncertainties, including changes in financial and product market conditions. Forward-looking statements are based on management's estimates, beliefs, and opinions. The Company assumes no obligation to update forward-looking statements, other than as may be required by applicable law.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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