NEWPORT BEACH, California – May 2005 - The Harvard Business School Association of Orange County Entrepreneurs Conference 2005 held a panel to discuss challenges Orange County companies face concerning intellectual property. Ken Virgin, CEO, iPayables, Inc. joined Alan Davidner, CEO, Vesta Medical and Don Milder, Venture Capitalist, on a panel to discuss intellectual property issues facing businesses today. In today’s technology driven market, patents, trademarks and other intellectual properties are essential to a company’s value. The discussion defined how a well-executed intellectual property strategy can help companies take command of new territory or defend existing properties.

iPayables, Inc. is headquartered in Lake Forest, California. Information can be obtained at www.ipayables.com or by contacting the main offices at (866) 874-7932.