Vancouver, BC, Canada — October 29, 2014
CounterPath Corporation (NASDAQ: CPAH) (TSX: CCV), a developer of award-winning over-the-top (OTT) Unified Communications solutions for operators and enterprises, today announced that it has been awarded patent No. US 8848880 by the U.S. Patent and Trademark Office. Titled “Inter-System Communication”, this patent enables a seamless user experience by converting the communication features of one network to comparable features of another so that users can stay connected regardless of whether they are on a wireless or cellular data network.
“CounterPath is on the leading edge of the unified communications industry,” said Donovan Jones, President and CEO of CounterPath. “We envision a world of seamless communication between end-users, regardless of the underlying networks employed. This patent further strengthens our intellectual property portfolio and positions us to launch proprietary voice, messaging and presence services that traverse disparate networks, eliminating barriers to communication and increasing employee productivity.”
Inter-system communication, as described in this patent, refers to the ability to pass messages, establish two-way voice communication or share contact and presence information between users on disparate networks and/or voice systems. For example, in the event that a user on a cellular network sends an SMS text message to another user not on the cellular network, the system would automatically convert the SMS to an Instant Message and deliver it over broadband via a gateway such as that within CounterPath’s Stretto platform.
“The patent is critical for the multi-billion dollar and growing UC market that needs to support desktop, tablet and mobile services over disparate networks,” said Michael Doyle, Vice President of Technology for CounterPath. “While most solutions focus on simple convergence scenarios, our technology enables an enhanced user experience by normalizing communications between different networks—voice, video, message, presence and other services. Along with other patented technologies, we have implemented some of these services in our Stretto server platform and will continue to do so as the market demands.”
The award of this patent further highlights CounterPath’s strong commitment to research and development and to maintaining its position as a key industry innovator in the Unified Communications software space.
CounterPath’s SIP-based VoIP softphones are changing the face of telecommunications. An industry and user favorite, Bria softphones for desktop and mobile devices, together with the Company’s server applications and Fixed Mobile Convergence (FMC) solutions, enable service providers, OEMs and enterprises large and small around the globe to offer a seamless and unified communications experience across both fixed and mobile networks. Standards-based, cost-effective and reliable, CounterPath’s award-winning solutions power the voice and video calling, messaging, and presence offerings of customers such as Alcatel-Lucent, AT&T, Avaya, BroadSoft, BT, Cisco Systems, GENBAND, Metaswitch Networks, Mitel, NEC, Network Norway, Rogers and Verizon.
For more information about CounterPath’s Bria softphone applications and provisioning solutions, visit: mrkt-stg.counterpath.com/products
This news release contains “forward-looking statements”. Statements in this news release which are not purely historical, are forward-looking statements and include any statements regarding beliefs, plans, outlook, expectations or intentions regarding the future such as the following: (1) The patent is critical for the multi-billion dollar and growing UC market that needs to support desktop, tablet and mobile services over disparate networks.
It is important to note that actual outcomes and the Company’s actual results could differ materially from those in such forward-looking statements. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others: (1) the variability in CounterPath’s sales from reporting period to reporting period due to extended sales cycles as a result of selling CounterPath’s products through channel partners or the length of time of deployment of CounterPath’s products by its customers, (2) the Company’s ability to manage its operating expenses, which may adversely affect its financial condition, (3) a decline in the Company’s stock price or insufficient investor interest in the Company’s securities which may impact on the Company’s ability to raise additional financing as required or cause a delisting from a stock exchange on which our common stock trades, (4) the Company’s ability to remain competitive as other better financed competitors develop and release competitive products, (5) the impact of intellectual property litigation that could materially and adversely affect CounterPath’s business, (6) the success by the Company of the sales of its current and new products, (7) the impact of technology changes on the Company’s products and industry, (8) the failure to develop new and innovative products using the Company’s technologies, and (9) the potential dilution to shareholders or overhang on the Company’s share price of its outstanding stock options. Readers should also refer to the risk disclosures outlined in the Company’s quarterly reports on Form 10-Q or Form 10-Q/A, or in the annual reports on Form 10-K or Form 10-K/A, and the Company’s other disclosure documents filed from time-to-time with the Securities and Exchange Commission at www.sec.gov and the Company’s interim and annual filings and other disclosure documents filed from time-to-time on SEDAR at www.sedar.com.
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