CounterPath Announces Granting of Stock Options
Vancouver, BC, Canada — April 17, 2009 —
CounterPath Corporation ("CounterPath" or the "Company") (TSX-V: CCV, OTCBB: CPAH), announced today that the Company granted incentive stock options to officers of the Company for the purchase of a total of 850,000 common shares of the Company pursuant to its stock option plan. The options are exercisable on or before April 17, 2014, at a price of $0.62 (CDN$0.75) per common share, which was the closing market price on the TSX Venture Exchange on April 17, 2009. About CounterPath
CounterPath Corporation is a leading 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), Deutsche Telekom, Cisco Systems, Mitel and Nortel.
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. Contact:
Chief Financial Officer
+1.604.320.3344 ext 1110 firstname.lastname@example.org