CounterPath Announces Closing of Private Placement

Vancouver, BC, Canada - June 19, 2012 - CounterPath Corporation, an award-winning provider of desktop and mobile VoIP (Voice over Internet Protocol) software products and solutions, today announced that it has raised gross proceeds of CDN$3,662,500 by way of a earlier announced non-brokered private placement of units at a price of CDN$2.50 per unit. The amount raised pursuant to this agreement the Offering exceeded the earlier announced CDN$3,500,000 target.

CounterPath's SIP-based VoIP softphones are changing the face of telecommunications. An industry and user favorite, Bria softphones for desktop and mobile devices, at the same time with the company's server applications and Fixed Mobile Convergence 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 just 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.