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CounterPath Retains Equicom for Investor Relations Services
Vancouver, BC, Canada — January 27, 2012 – CounterPath Corporation (“CounterPath” or the “Company”) (OTCBB: CPAH) (TSX-V: CCV), an award-winning provider of desktop and mobile VoIP software products and solutions, today announced that it has retained The Equicom Group Inc. (“Equicom”) to provide strategic investor relations and financial communications services.
Under the terms of the agreement, CounterPath will pay Equicom a monthly retainer fee of $7,500 for investor relations services commencing immediately. The term is for twelve months and can be cancelled on 45-days’ notice.
Neither Equicom nor any of its principals have an ownership interest, directly or indirectly, in CounterPath or its securities, and CounterPath has not granted Equicom or its principals any right to acquire any such interests.
Equicom is a wholly-owned subsidiary of TMX Group Inc, and provides strategic communications services to approximately 100 public companies across a diverse range of industries from its offices in Toronto, Calgary and San Diego.
CounterPath also announced that it has hired Daniel Sutton as its full-time in-house investor relations manager and financial analyst. Dan has worked in the finance industry since 2006, and has acted in corporate communications roles for technology and resource companies since 2009.
CounterPath Corporation is an award-winning provider of innovative desktop and mobile VoIP software products and solutions. The Company’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, BroadSoft, Cisco Systems, GENBAND, 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.