VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec. 1, 2016) - CounterPath Corporation (NASDAQ:CPAH)(TSX:PATH), a global provider of award-winning, over-the-top (OTT) Unified Communications (UC) solutions for enterprises and carriers, today announced a new OEM agreement with Digivox, a leading Brazilian solution provider for enterprises. The agreement has already enabled Digivox to convert significant project opportunities in the Brazilian government sector by leveraging co-branded mobile and desktop softphones powered by CounterPath.
Current customers of these services include a state-controlled financial institution, a multi-billion (USD) bank with over 100,000 employees, and a House of the Brazilian national congress.
"As one of Brazil's foremost providers of Unified Communications solutions to the enterprise and government sectors, Digivox's choice of partnering with CounterPath is further validation of our market leadership in Latin America," said Donovan Jones, CEO at CounterPath. "We look forward to supporting the future innovation and expansion of Digivox's OTT services to more customers and users."
The new Digivox Unified Communications services, featuring the Unity Softphone line of clients delivering VoIP, video, chat and presence on all major operating systems, go to market using CounterPath technology. Current customers of these services include a major state-controlled financial institution and a portion of the Brazilian national congress. Services are fully integrated with the CounterPath Stretto platform for easy activation and remote provisioning. The Stretto Platform is agnostic to existing network elements within the Digivox infrastructure, providing further versatility as deployments can be made on top of current SBCs, IMS components, VoIP switches, PBXs and cloud communication services.
"The enterprise-scale UC market opportunity in Brazil calls for flexibility, usability and scalability and this led us to select CounterPath as the best partner for our softphone innovation," said Ary Vilhena, CEO of Digivox. "We are confident this will deliver strategic advantage to Digivox and its customers."
Forward-Looking Statements
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 including (1) we look forward to supporting the future innovation and expansion of Digivox's OTT services to more customers and users and (2) we are confident this will deliver strategic advantage to Digivox and its customers. 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) the Company's ability to remain competitive as other better financed competitors develop and release competitive products, (4) a decline in the Company's stock price or insufficient investor interest in the Company's securities which may impact the Company's ability to raise additional financing as required or be delisted from a stock exchange on which its common stock trades, (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 in the annual reports on Form 10-K, 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 .
About CounterPath
CounterPath Unified Communications solutions are changing the face of telecommunications. An industry and user favorite, Bria softphones for desktop, tablet and mobile devices, together with Stretto Platform™ server solutions, enable operators, OEMs and enterprises large and small around the globe to offer a seamless and unified over-the-top (OTT) communications experience across both fixed and mobile networks. The Bria and Stretto combination enables an improved user experience as an overlay to the most popular UC and IMS telephony and applications servers on the market today. 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 AT&T, Avaya, BroadSoft, BT, Cisco Systems, GENBAND, Metaswitch Networks, Mitel, NEC, Network Norway, Nokia, Rogers and Verizon. Visit www.counterpath.com .
