04:21 PM EST - IP Applications Corp. : said that it has signed contracts with five Software-as-a-Service or SaaS companies for billing and payments services during the first quarter of 2009. Billing and variable recurring payments will be processed for SaaS companies providing software development tools, CRM, Twitter-enabled recruiting, online coaching and enterprise software suites for small and medium businesses. IP Applications Corp.
shares V.IPX are trading even at $0.10.
