Santa Rosa Resources Corp.TSXV: STR.H

IP Applications Announces Resignation of Sales and Marketing EVP

· Issued by Santa Rosa Resources Corp. via CNW
VANCOUVER, July 6 /CNW/ - IP Applications Corp. (TSX-Venture: IPX)
announces that its Executive Vice-President of Sales and Marketing, Mr. Darren
Dumba, has resigned from the company to pursue other opportunities.
Mr. Dumba has been with IP Applications since June 2003 and was involved
with its rapid growth which stemmed from both organic growth and several
acquisitions.
John Jacobson, President and CEO of IP Applications, said, "Darren made a
major contribution to the Company over his tenure and we're going to miss him.
During the three years that Darren was with IP Applications, the company's
annual revenue grew from $3 million to $8 million and built solid business
relationships with its customers. More recently, Darren introduced new
opportunities to the company which we'll continue to bring to fruition."

About IP Applications

IP Applications Corp. is uniquely positioned to serve companies that are
bringing online products, services, content, and internet access to market. IP
Applications provides a flexible combination of technology, systems and
expertise for customers who have identified channels and products but who lack
the delivery and support capabilities. IP Applications' integrated Operational
Support System, Help Desk and Network Monitoring Systems dramatically reduce
the cost, complexity and time to market for online products and services.

Forward-Looking Statements
This 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.

The TSX Venture Exchange does not accept responsibility for the adequacy
or accuracy of this release.