VANCOUVER, June 29, 2012 /CNW/ - 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 its common stock will commence trading on the NASDAQ Capital Market on July 11, 2012. The stock will continue to trade under the symbol "CPAH" on the NASDAQ Capital Market and under the symbol "CCV" on the TSX Venture Exchange.
"We welcome CounterPath Corporation to the NASDAQ family of listed technology companies," said Robert H. McCooey, Jr., Senior VP of New Listings and Capital Markets, NASDAQ OMX. "CounterPath embodies the strategic vision and innovative thinking that characterizes our listed companies. We congratulate CounterPath on its listing on the NASDAQ Capital Market and look forward to supporting their continued success."
"The listing on NASDAQ is a significant milestone for CounterPath and underscores our commitment to grow the Company and increase our shareholder base," said Donovan Jones, President and CEO of CounterPath. "As we build on the positive business momentum generated over the past year, we are very pleased to begin trading on NASDAQ and believe it will provide greater liquidity for our current shareholders and increased visibility for CounterPath and its innovative VoIP applications in the U.S. investment community."
To recognize this achievement, CounterPath is scheduled to ring the NASDAQ Opening Bell on July 11, 2012. The NASDAQ Opening Bell Ceremony will take place from 9:15 am to 9:30 am ET.
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, 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.
For further information:
Chief Financial Officer, CounterPath
(416) 815-0700 x278