Business
COUNTERPATH REPORTS SECOND QUARTER FISCAL 2011 FINANCIAL RESULTS
COUNTERPATH REPORTS SECOND QUARTER FISCAL 2011 FINANCIAL RESULTS
About this update from Newpath Resources Inc
[{"type":"text","content":"\n\n\n\n Dec. 15, 2010 (Canada NewsWire Group) -- \n\n#ReleaseContent TABLE\n{\n BORDER-COLLAPSE: collapse\n}\nTR.cnwUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px solid\n}\n#ReleaseContent TABLE.cnwBorderedTable TD\n{\n BORDER-RIGHT: black 1px solid;\n PADDING-RIGHT: 2px;\n BORDER-TOP: black 1px solid;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n BORDER-LEFT: black 1px solid;\n PADDING-TOP: 2px;\n BORDER-BOTTOM: black 1px solid;\n BORDER-COLLAPSE: collapse\n}\n#ReleaseContent TABLE TD\n{\n PADDING-RIGHT: 2px;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n PADDING-TOP: 2px\n}\n\nVANCOUVER, Dec. 15 /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 the financial and operating results for the second quarter of fiscal year 2011.\nFinancial and operating highlights for the second quarter ended October 31, 2010 include:\n\n\n >\n\n\n"The market continues to improve for our products and our sales were strong this quarter, up 35% over the same quarter last year", stated Donovan Jones, President and CEO, CounterPath. "We are seeing growth across all product lines providing support for a comment by NetworkWorld which recently reported that 70% of companies are increasing their deployment of softphones. The next phase of our strategy entails leveraging our OEM sales channels to reach a broader service provider and enterprise market. The announced efforts with Avaya, BroadSoft, Genesys, Metaswitch and NEC provide a solid foundation for this next growth period. In addition, we plan to increase sales of our recently launched iPhone and Android mobile phone applications by following the white label and customizable model that we have used successfully with our desktop softphone applications."\n\nFinancial Results\n\n(All amounts in U.S. dollars and in accordance with accounting principles generally accepted in the United St...