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MuppetMaster
[quote=Light Reading]VANCOUVER and TORONTO -- CounterPath Solutions, Inc. (formerly Xten Networks, Inc.) (OTCBB: CTPS - message board), a premier provider of VoIP (Voice over Internet Protocol), Video over IP, Instant Messaging (IM), and Presence-enabled SIP softphones and Yak Communications Inc. (NASDAQ: YAKC - message board), a provider of telecommunication services to residential and business customers, announced today that they have entered into an agreement allowing Yak to launch a powerful new voice and video peer-to-peer VoIP alternative for consumers around the world.

Yak expects to launch its "yakForFree" VoIP (http://www.yakforfree.com) service powered by CounterPath's eyeBeam SIP softphones in mid November. yakForFree is an exciting new service from Yak which allows users to make FREE voice and video calls to anyone on the Internet who is also a yak member of yakForFree. Yak will be licensing some of CounterPath's core softphone technologies.

"yakForFree has the potential to reach millions of people worldwide, establishing Yak as a premier global VoIP provider," said Charles Zwebner, Chairman and CEO. "We expect yakForFree to further demonstrate the quality and value of our VoIP and Video calling capabilities and assist Yak to transition from a legacy telephony company into a next generation, Internet based communications and commerce company." [/quote]

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MuppetMaster
[quote=VoIP Watch]Pal Dave Hurwitz, who shares a passion for lacrosse recently communicated with me about the launch today of Yak For Free and told me that "YakForFree has the potential to reach millions of people worldwide, establishing yak as a premier global VoIP provider,” said David Hurwitz, Chief Operating Officer and President of yak’s VoIP Initiatives. “Free users upgrading to our yakToAnyone service provides us with a fast, cost-effective method for capitalizing on the higher margins and faster cash flow made possible by prepayment. We anticipate a large number of consumers to sign up for this free communications alternative that requires only a PC, camera and a broadband connection. Once they subscribe, we have tried to make it as easy as possible for them to upgrade to our prepaid yakToAnyone service.”

Yak's plans are very aggressive, with the promise of TV advertising later this month, lots of PR and promotion. Their new web site also clearly has an international, multi-racial feel, giving me the sense that they are going after the market that likes to use calling cards and is cross border with their family and friends.[/quote]

Source

http://www.yak.com/yakworldcity/comm_home.php
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