CounterPath and Alcatel-Lucent Collaborate on a New Approach to Large Enterprise CommunicationsTuesday, May 5, 2015
CounterPath's Bria client and Stretto Platform(TM) bring cutting edge user interface capabilities to Alcatel-Lucent's Rapport(TM) for Enterprise solution - empowering enterprises with customized open communications and collaboration capabilities that transform their line-of-business operations and help cap legacy network spend
Vancouver, BC, May 5, 2015--(T-Net)--CounterPath Corporation (CPAH)(CCV.TO), a developer of over-the-top (OTT) Unified Communications solutions for enterprises and operators today announced a collaboration with Alcatel-Lucent to offer large enterprises technologies enabling communications services over virtually any network, any device and any application, and across all facets of the enterprise -- including office workers, remote workers, call centers and retail outlets.
These products will be sold by Alcatel-Lucent's sales channels to large enterprises in numerous verticals including financial services, manufacturing and health care. The companies have already engaged pilot customers and expect to achieve deployments with additional customers in 2015.
The new Alcatel-Lucent Rapport™ for Enterprise solution, which leverages CounterPath's cutting edge Bria softphones and Stretto Platform, will enable large enterprises to launch next generation communication services, while capping legacy network spend. Alcatel-Lucent will also offer CounterPath's SDKs to large enterprises with custom applications or services.
Fran Heeran, President of Alcatel-Lucent's Communications and Collaboration Business Unit noted, "Enterprises today are struggling with legacy communications infrastructures that are expensive to manage, run in silos, are tied to specific vendors and stifle innovation. Rapport is a robust, scalable platform that shifts the focus to service innovation through an apps-first approach, allowing the rapid development and launch of new web-based services and mobile applications, while at the same time capping costly telecom network silo spending. This transforms enterprise communications into a valuable corporate asset that can be leveraged across all line-of-business applications."
According to Gartner, total spending on UC-ready infrastructure will grow from $11.9 billion in 2011 to $17.0 billion in 2016, a CAGR of 7.5%, as businesses and enterprises roll out next-generation IP communication solutions to increase employee productivity and reduce IT costs. To achieve these improvements, enterprises require an open, extensible communications framework, such as Alcatel-Lucent's Rapport, which leverages CounterPath's Bria clients and Stretto Platform in a highly secure and flexible overlay configuration.
"The quality and reliability of CounterPath's Enterprise communications technology is evidenced by the millions of deployments by the world's largest OEMs, operators and enterprises over the last ten years," said Donovan Jones, President and Chief Executive Officer of CounterPath. "Today, however, Enterprises are facing new challenges as employees increasingly realize that the user experience they have come to appreciate in their consumer apps is now available in the enterprise world, and demand surges from all levels of the organization. Alcatel-Lucent's plans to resell our products are a testament to our market leadership. Through this new partnership, we are already establishing commercial relationships with large enterprises that may deploy our technology across their organization to increase employee productivity and data security, while simplifying IT administration tasks by leveraging the advanced functionality of our Stretto Platform."
Alcatel-Lucent is the leading IP networking, ultra-broadband access and cloud technology specialist. We are dedicated to making global communications more innovative, sustainable and accessible for people, businesses and governments worldwide. Our mission is to invent and deliver trusted networks to help our customers unleash their value. Every success has its network.
For more information, visit Alcatel-Lucent on:http://www.alcatel-lucent.com.
CounterPath's 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 enable 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 Alcatel-Lucent, AT&T, Avaya, BroadSoft, BT, Cisco Systems, GENBAND, Metaswitch Networks, Mitel, NEC, Network Norway, Rogers and Verizon. Visit: www.counterpath.com
This news release contains "forward-looking statements". Statements in this news release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, outlook, expectations or intentions regarding the future such as the following: (1) The companies have already engaged pilot customers and expect to achieve deployments with additional customers in 2015; and (2) Through this new partnership, we are already establishing commercial relationships with large enterprises that may deploy our technology across their organization to increase employee productivity and data security, while simplifying IT administration tasks by leveraging the advanced functionality of our Stretto Platform.
It is important to note that actual outcomes and the Company's actual results could differ materially from those in such forward-looking statements. Actual results could differ from those projected in any forward-looking statements due to numerous factors.Such factors include, among others: (1) the variability in CounterPath's sales from reporting period to reporting period due to extended sales cycles as a result of selling CounterPath's products through channel partners or the length of time of deployment of CounterPath's products by its customers, (2) the Company's ability to manage its operating expenses, which may adversely affect its financial condition, (3) the Company's ability to remain competitive as other better financed competitors develop and release competitive products, (4) a decline in the Company's stock price or insufficient investor interest in the Company's securities which may impact the Company's ability to raise additional financing as required or be delisted from a stock exchange on which its common stock trades, (5) the impact of intellectual property litigation that could materially and adversely affect CounterPath's business, (6) the success by the Company of the sales of its current and new products, (7) the impact of technology changes on the Company's products and industry, (8) the failure to develop new and innovative products using the Company's technologies, and (9) the potential dilution to shareholders or overhang on the Company's share price of its outstanding stock options. Readers should also refer to the risk disclosures outlined in the Company's quarterly reports on Form 10-Q, or in the annual reports on Form 10-K, and the Company's other disclosure documents filed from time-to-time with the Securities and Exchange Commission at http://www.sec.gov and the Company's interim and annual filings and other disclosure documents filed from time-to-time on SEDAR at www.sedar.com.
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