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Recent advances in technology coupled with a tremendous increase in online awareness have had a profound effect on the growth of online communities. To better serve both present and future customers and in the interest of furthering our position as a leader in online community development, we are pleased to announce that we will immediately increase and refocus all development resources to the enhancement and expansion of our community offerings.

While we will evaluate the position of IP.Nexus in the marketplace at a later date, we recognize that the core of IPS is our community product and solution line and as such, our priority lies with the continued growth and enhancement of that very core. We will be allowing the current beta of IP.Nexus to expire on July 31 and will revisit our content management and business services plans after our upcoming releases of our community software products including IP.Board, IP.Gallery, IP.Blog, and IP.Downloads.

In coming weeks and months, please expect significant improvements to our existing community line as well as new components which compliment existing products. We're very excited about what the future holds and are confident that you will be equally pleased with the increased quality and speed at which we will be able to deliver new products and services.

Thank you all for your continued support and stay tuned for further updates!

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