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5/19/2005
IP Applications and Amperion Sign MOU to Address BPL Marketplace

IP Applications Corp. (TSX-Venture: IPX) and Amperion, Inc., the leading provider of Broadband over Power Line (BPL) equipment, today announced they have entered into a Memorandum of Understanding (MOU) to integrate proven BPL hardware and software with large-scale, web-based tools.

This development work between the two companies will allow Amperion's customers to employ a robust suite of services from IP Applications to address their advanced network monitoring, operational support, back office, and other requirements. Working together, Amperion and IP Applications will deliver a complete solution for BPL providers and enable the highest possible quality experience for their end users.

“We view IP Applications as a leader in the delivery of high quality web applications, systems and support to BPL providers. Their support and quality of service, along with their commitment to the BPL market, are just two of the many reasons we at Amperion wish to establish a strategic relationship with them” said Steve Greene, Senior Director of Business Development, Amperion Inc.

“This MOU will form the foundation and model for the development of future products and services, designed by and for clients. Amperion is a leader in the BPL market and our partnership together will only strengthen their premier status,” said Darren Dumba, Executive Vice President, Sales and Marketing of IP Applications.

About Amperion
Established in June 2001, Amperion develops networking hardware and software that enables the delivery of high-speed broadband data over medium-voltage (MV) power lines. Amperion's headquarters are in Lowell, Massachusetts with an international base of operations in Manchester, England. Over the past three years, Amperion has established itself as the market leader in MV broadband solutions with product deployed on four continents across the globe. www.amperion.com

About IP Applications
IP Applications partners with companies who offer web services, providing the applications, systems, and support necessary to run their business. The combination of carrier-class facilities, mass provisioning capabilities, and dedicated technical and sales professionals makes IP Applications a trusted strategic partner to Telecoms, Enterprises, and BPL providers. The 24/7 multilingual Help Desk offers clients and their end users a value-added complement to a wide variety of web services. www.ipapp.com

Forward Looking Statements
The press release may contain 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. Forward-looking statements are based on management's estimates, beliefs and opinions. The company assumes no obligation to update forward-looking statements.