CounterPath Announces Distribution Agreement with India-based TaraSpan

VANCOUVER, British Columbia, Nov. 16, 2017 -- 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 that it has signed a distribution agreement with India-based TaraSpan, a leading Unified Communication solutions provider, to sell CounterPath’s Bria Stretto subscription services throughout India.

“India represents an important growth market within the Unified Communications space, and is a logical market in which to expand our global channel distribution network," said Bruce Ford, VP Channel Management at CounterPath. “With TaraSpan’s varied portfolio of UC solutions and strong relationships with SMEs & large enterprises in India, we can enable organizations in India to enhance the productivity and reachability of their employees.”

According to research conducted by 6Wresearchⁱ, the unified communications and collaboration market in India is anticipated to record CAGR of 12% during 2017-23. Among the verticals, banking, financial services and insurance (BFSI) registered the highest contribution in the Unified Communications and collaboration market, followed by education, government, public utilities and others. This continuous growth in the VoIP telephony segment is due to factors such as flexibility, lowering of operating expenses and portability. CounterPath’s Bria Stretto solution provides secure and reliable softphone communications, with a consistent user experience across all platforms and interoperability with most IP PBX platforms.

“This partnership will enable people at work and home to easily communicate at any time, on any device, over any network using their business phone number and also help enterprises to lower their operating costs and provides more freedom and connectivity to their employees,” said Nihar Ranjan Sahoo, MD, TaraSpan.

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

About TaraSpan
TaraSpan is a multinational company with headquarters in India and Canada. Its customers include some of the World’s foremost technology companies and India’s prominent corporates. With more than 10 years since its inception, today it has offices in India in Gurgaon, Mumbai, Bangalore and Pune and represents and sells some of the world’s best technology products in the area of Unified Collaboration to Indian corporates. TaraSpan’s comprehensive portfolio includes IP telephony, Contact Center Solutions, Video conferencing and Mobility Enterprise solutions.
Visit www.taraspan.com

Contacts

Ragi Mahil
Vice President of Marketing
e-mail: [email protected]

Investor Relations
e-mail: [email protected]
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ⁱ http://www.6wresearch.com/market-reports/india-unified-communications-and-collaboration-market-2017-2023-forecast-by-solution-types-voice-message-verticals-regions-competitive-landscape.html