[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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