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CounterPath to Acquire NewHeights |
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Written by PRESS RELEASE
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Tuesday, 19 June 2007 |
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Page 3 of 3
The shares of CounterPath's common stock to be issued in connection with the proposed
acquisition and investments have not been and will not be registered under the Securities Act of 1933 as amended (the "Act"), and may not be offered or sold in the United States absent
registration, or an applicable exemption from registration, under the Act.
About NewHeights Software
NewHeights Software Corporation delivers one of today's most evolved next-generation
communications software clients. Sold under the brands of Service Providers, Softswitch
vendors and IP-PBX vendors, NewHeights' soft-clients are driving a new communications
experience within small and large businesses.
Extracting the value of today's SIP/IMS, MGCP
and proprietary networks, NewHeights' soft-clients integrate feature-rich call control with custom
and enterprise applications to enable a unified, contextual communications environment for
fixed and mobile users. NewHeights is a privately held company headquartered in Ottawa,
Ontario, Canada with development offices in Victoria, British Columbia, Canada and sales
offices in the United Kingdom and Australia.
Its major shareholders include Wesley Clover and Bell Canada. To date more than CDN$25 million has been invested in NewHeights since it was formed in 1998.
About CounterPath
CounterPath Solutions, Inc. is a developer of award-winning, carrier-grade VoIP and Video over
IP SIP softphones for telecom and Internet telephony service providers, cable operators, IPPBX manufacturers and infrastructure manufacturers.
CounterPath's SIP softphones and
softphone SDKs (Software Development Kits), which provide VoIP, Video over IP, IM (Instant
Messaging) and presence functionality and can be preconfigured to our customer's VoIP
service, are predominantly licensed on a per seat or per subscriber basis, either co-branded or
private labeled. CounterPath's technology is deployed by over 250 customers in more than 50
countries.
Additional information about CounterPath and CounterPath's products and services is available at www.counterpath.com .
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