CounterPath's NASDAQ Listing Reflects its Maturation

By

The air in the NASDAQ MarketSite building in Times Square was expectedly buzzing with nervous energy this morning as CounterPath’s team of executives prepared itself for the announcement that the company is now a listed member of NASDAQ’s exchange.

A global player in the mobile VoIP space, CounterPath hails from Vancouver, Canada, and its arrival in New York City for the ringing of the bell at NASDAQ’s midtown headquarters marks not just its growing financial position in the market, but its 10th anniversary in telecommunications.

“From a corporate health perspective, going to NASDAQ and releasing our financials soon all hopefully means we’re going to be on par with our current trajectory, and put in a good position to continue growing out and maturing to be a player within this type of community,” said Rob Brown, vice president of Marketing and Communications for CounterPath. “It’s opening the door to take part in and work with our different partners and investors and to continue to grow our business.”

Brown shared insight on what it means to be a part of the NASDAQ family now, and where the company intends on taking its solutions in the near future.

“We’ve spent the last seven to eight years really developing and investing in our products and figuring out how to integrate the products and our customer acquisition,” he noted, remarking that the technology community that the NASDAQ has to offer gives CounterPath leverage in its industry.

Donovan Jones, CEO and president of CounterPath was summoned to the stage by David Wicks, VP at NASDAQ OMX, before his team, members of the press, and, oddly enough, visiting members of the Yemeni parliament. His jovial banter prior to his speech revealed no air of anxiety on this momentous occasion, but his speech itself did the moment justice. He said, “The proliferation of smartphones and tablets is presenting extraordinary opportunities for end-users and vendors. We are in the middle of this ecosystem.”

Brown conveyed that the company is at that pivotal point where it has signed with major carriers, and is working with a complete product line, so from a financial perspective, making the move to NASDAQ puts CounterPath in that high-level technology peer group.

“CounterPath is changing the face of telecommunications,” said Wicks. With its softphones and unified communications solutions, CounterPath “has earned a prominent position in the industry.” No doubt the best is yet to come.




Edited by Brooke Neuman

TechZone360 Managing Editor

SHARE THIS ARTICLE
Related Articles

Machine Learning vs. Artificial Intelligence: Definitions and Importance

By: Lenildo Morais    2/15/2019

Machine Learning is an area of AI with a goal to develop computational techniques on learning as well as the construction of systems capable of acquir…

Read More

The New Business Model: Orchestrating Networks of Value

By: Erik Linask    2/8/2019

Future-ready companies - those that are leveraging AI, blockchain, IoT, data analytics and monetization - these are the businesses you really want to …

Read More

Day Unveils Dell Expert Network for MSPs in ITEXPO Keynote

By: Maurice Nagle    2/6/2019

Wednesday at ITEXPO closed with an SMB focus. Erik Day VP & General Manager, North America Small Business, Dell Technologies explored some of the chal…

Read More

That Sounds Like a Great IDEA!

By: Maurice Nagle    2/5/2019

IDEA Showcase is ITEXPO's way of honoring robust startups seeking to take the next steps in business growth. ITEXPO 2019 marks the fifth iteration of …

Read More

Don't Bankrupt Your Company in the Search for Absolute Security

By: Bill Yates    1/31/2019

Don't let vendors sell you the "Swiss knife" solution, or the magic bullet that will solve all your security concerns. The complete security solution …

Read More