Counterpath Announces Additional Exercise of Warrants

VANCOUVER, Aug. 24, 2011 /PRNewswire/ - CounterPath Corporation, an award-winning provider of desktop and mobile VoIP (Voice over Internet Protocol) software products and solutions, today announced that it has received total proceeds of $750,000 from the exercise of the remaining 833,334 warrants issued pursuant to a private placement that closed October 29, 2009. Consequently, the Company issued 833,334 shares of common stock however for the exercised warrants. The warrants were exercisable at a price of $0.90 per share until October 29, 2011.

Award-winning provider of innovative desktop

About CounterPathCounterPath Corporation is an award-winning provider of innovative desktop and mobile VoIP software products and solutions. The Company's product suite includes SIP-based softphones, server applications and Fixed Mobile Convergence solutions that enable service providers, enterprises and Original Equipment Manufacturers to cost-effectively integrate voice, video, presence and Instant Messaging applications into their VoIP offerings and extend functionality across both fixed and mobile networks.

CounterPath's clients include some of the world's largest telecommunications service providers and network equipment providers including AT&T, Verizon, BT, Mobilkom Austria, Avaya, BroadSoft, Cisco Systems, Metaswitch Networks and Mitel.