VANCOUVER, BRITISH COLUMBIA--(Marketwired - July 24, 2013) - CounterPath Corporation (NASDAQ:CPAH) (TSX:CCV), a leading developer of award-winning desktop, tablet and mobile VoIP software products and solutions, today announced a distribution agreement with TeleDynamics a leading unified communications solutions channel to over 5,000 value-added resellers (VAR). A wholesale supplier of telecommunications products and services, TeleDynamics provides CounterPath a new revenue stream opportunity with the potential for additional growth in new markets.
According to Gartner, during the period of 2012-2017, PC Softphones and Mobile Softphones will have a compounded annual growth rate (CAGR) of 16.9%, which is the highest growth rate of business telephones worldwide within the Enterprise and will represent 22% of all telephone unit shipments by 2017. TeleDynamics is unlocking this opportunity by providing its VARs with CounterPath's industry-leading, cloud-based mobility solutions. Tailored to meet the telecommunication needs of today's SMBs and enterprises, CounterPath's hosted solutions reduce costs and staffing resources with a turnkey product that is easy to deploy and manage.
"CounterPath has a unique cloud-based managed service offering that works in any environment and for any size of customer," said James Feller, Founder and Managing Partner at TeleDynamics. "Their unified communications solutions will be a valuable addition to our entire product line."
"Expanding our distribution leveraging channel partners is a key component of our overall growth strategy. TeleDynamics has an excellent reputation in the telecommunications space and this agreement will help us extend the reach of our products and managed services portfolio while also meaningfully adding to our bottom line," said Todd Carothers, Executive Vice President of Marketing and Products at CounterPath. "The CounterPath hosted, cloud-based solutions are designed to give organizations maximum flexibility in deploying, managing, and maintaining our products. As the Gartner data shows, softphones are expected to be significant device driver for IP communications almost 3 times that of IP sets, while analog and digital phones will have a 7% decrease in CAGR during 2012-2017 period".
CounterPath is a global leader in softphone technology, with of millions of endpoints downloaded. With the largest list of interoperability with IP PBXs and SIP-based network infrastructure softswitches, Bria is built toward industry standards with proven multimedia technology that provides a high-quality, unified communications experience and voice and video calls over fixed, mobile and Wi-Fi broadband networks. Bria's ability to use mobile and Wi-Fi networks gives businesses new options for "always on" connectivity while realizing cost savings through free Wi-Fi networks.
About CounterPath
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, Verizon, BT, Mobilkom Austria, Rogers, Avaya, BroadSoft, Cisco Systems, GENBAND, Metaswitch Networks, Mitel and NEC.
For more information about CounterPath's Bria softphone applications and provisioning solutions, visit: www.counterpath.com/products .
About TeleDynamics
TeleDynamics is a wholesale supplier of telecommunications products as well as a variety of consumer electronics. Over the past 30 years, TeleDynamics has nurtured a tradition of excellent customer service and expert product knowledge while providing competitive pricing to our customers. As members of both CEA and CEDIA, we are committed to expanding and growing our product offerings to meet consumer demands. TeleDynamics is a proud distributor for over 250 manufacturers and we continue to grow our lines in order to bring you the latest products to help your business succeed. The portfolio of products include Panasonic, NEC, Xorcom,Allworx. Yeastar, Grandstream, Ipitomy, Plantronics and Polycom to name a few.
