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CounterPath Named to Top TSX Venture 50®
CounterPath Selected from Over 2,000 Publicly Traded TSX Venture Companies
Vancouver, BC, Canada — February 15, 2011 – CounterPath Corporation (TSX-V: CCV; OTCBB: CPAH) announced today that it has been named as one of the TSX Venture Top 50® companies for 2011, an annual ranking of strong performing companies listed on TSX Venture Exchange. The TSX Venture 50 includes the top 10 companies in five major industry sectors that have been identified as leaders in Canada's public venture market. CounterPath was ranked fifth in the list of ten leading Technology and Life Sciences companies for the year.
"With more than 2,000 companies listed on the TSX Venture Exchange, it is a great honour to be named as one of this year's TSX Venture Top 50 companies," said Donovan Jones, President and Chief Executive Officer, CounterPath. "Thanks to the innovation and efforts of CounterPath’s team, the investment community is recognizing the value in CounterPath as we deploy our desktop and mobile VoIP applications to enterprises and consumers through leading service providers and network equipment vendors."
The TSX Venture Top 50 firms are the top 10 companies listed on the TSX Venture Exchange in mining, oil & gas, technology & life sciences, diversified industries and clean technology based on a ranking formula with equal weighting given to return on investment, market cap growth, trading volume and analyst coverage. All data was as of December 31, 2010. More information about the TSX Venture Top 50 list is available at: www.tmxmoney.com/en/research/tsxventure50.html
CounterPath Corporation is an award-winning provider of innovative desktop and mobile VoIP software products and solutions. CounterPath’s product suite includes SIP-based softphones, server applications and Fixed Mobile Convergence (FMC) solutions that enable service providers, enterprises and Original Equipment Manufacturers (OEM) to cost-effectively integrate voice, video, presence and Instant Messaging (IM) applications into their VoIP offerings and extend functionality across both fixed and mobile networks.
CounterPath’s customers include some of the world's largest telecommunications service providers and network equipment providers including AT&T, Verizon, BT (British Telecommunications PLC), mobilkom Austria, Avaya, Cisco Systems, Metaswitch Networks and Mitel.
For more information please visit www.counterpath.com.
Disclaimer: Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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