-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, JFWohlORct6EbJPDfkVYNeGMrR+Hbq7IqApJSYTAcN+kXLPcRJ3wepRLxvPa4wp5 dE0NnkkMSITSRPV2R9w9Xg== 0001085037-05-001587.txt : 20051108 0001085037-05-001587.hdr.sgml : 20051108 20051108111226 ACCESSION NUMBER: 0001085037-05-001587 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 4 CONFORMED PERIOD OF REPORT: 20051108 ITEM INFORMATION: Results of Operations and Financial Condition ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20051108 DATE AS OF CHANGE: 20051108 FILER: COMPANY DATA: COMPANY CONFORMED NAME: COUNTERPATH SOLUTIONS, INC. CENTRAL INDEX KEY: 0001236997 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389] IRS NUMBER: 200004161 STATE OF INCORPORATION: NV FISCAL YEAR END: 0430 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-50346 FILM NUMBER: 051185223 BUSINESS ADDRESS: STREET 1: 8TH FLOOR, 100 WEST PENDER STREET CITY: VANCOUVER STATE: A1 ZIP: V6B 1R8 BUSINESS PHONE: 604-320-3344 MAIL ADDRESS: STREET 1: 8TH FLOOR, 100 WEST PENDER STREET CITY: VANCOUVER STATE: A1 ZIP: V6B 1R8 FORMER COMPANY: FORMER CONFORMED NAME: XTEN NETWORKS, INC DATE OF NAME CHANGE: 20040507 FORMER COMPANY: FORMER CONFORMED NAME: BROAD SCOPE ENTERPRISES INC DATE OF NAME CHANGE: 20030529 8-K 1 f8k110805.htm

UNITED STATES SECURITIES AND

EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) November 8, 2005

COUNTERPATH SOLUTIONS, INC.

(Exact name of registrant as specified in its charter)

Nevada

(State or other jurisdiction of incorporation)

000-50346

(Commission File Number)

20-0004161

(IRS Employer Identification No.)

320-5201 Great America Parkway, Santa Clara, CA 95054

(Address of principal executive offices and Zip Code)

408.876.4346

Registrant's telephone number, including area code

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 2.02 Results of Operations and Financial Condition.

On November 8, 2005, the Registrant announced that it expects revenue for the second quarter ending October 31, 2005 to increase approximately 25% compared to the previous quarter ending July 31, 2005. The Registrant plans to report its second quarter results by December 12, 2005.

Item 9.01. Financial Statements and Exhibits.

99.1

News Release dated November 8, 2005

 

 

 

 



 

- 2 -

 

 

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

COUNTERPATH SOLUTIONS, INC.

 

By:

/s/ Mark Bruk

 

 

Mark Bruk

 

 

President and Chief Executive Officer

Dated: November 8, 2005

 

 

 

 

 

 

EX-99 2 ex99-1f8k110805.htm EXHIBIT 99.1 - NEWS RELEASE

 

Exhibit 99.1

CounterPath Releases Second Quarter Revenue Guidance

 

VANCOUVER, CANADA – November 8, 2005 – CounterPath Solutions, Inc. (OTCBB: CTPS), a provider of VoIP (Voice over Internet Protocol), Video over IP, Instant Messaging (IM), and Presence SIP softphones, today announced that it expects revenue for the second quarter ending October 31 to increase approximately 25% compared to the previous quarter ending July 31. The Company plans to report its second quarter results by December 12.

 

“Consistent with management expectations, we saw a 25% increase in revenue in our second quarter over the previous quarter,” said Mark Bruk, CounterPath Chairman and CEO. “We believe that CounterPath is uniquely positioned to assist our customers in delivering on the promise of Voice over IP in the market. We have made strides over the past two quarters to add significant management talent; we have re-branded the Company and refocused our efforts on assisting our customers in achieving their launch plans. Through the next several quarters we expect to see additional realization of our goals around customer acquisition, product and solution enhancements, revenues and profitability.” *

 

About CounterPath Solutions, Inc.

CounterPath is a developer of award-winning, high-quality, carrier- grade VoIP (Voice over IP) and Video over IP SIP softphones for service providers, cable operators, Internet telephony service providers, IP PBX manufacturers and OEMs. CounterPath's SIP softphones are available either pre-configured or as a software development kit (SDK), and provide VoIP (Voice over IP), Video over IP, IM (Instant Messaging), and Presence functionality. eyeBeam - CounterPath's feature-rich SIP Video over IP softphone with IM and Presence - recently received both Communications Solutions® Magazine's and INTERNET TELEPHONY® Magazine's "Product of the Year" Award for 2004. CounterPath's Pocket PC SIP Softphone was recently named a 2005 Innovation Award winner from INTERNET TELEPHONY® magazine. With over 120 customers in more than 30 countries, CounterPath technology is deployed in more than 5,400,000 IP endpoints worldwide. For more information please visit www.counterpath.com.

 

For more information, please contact:

 

Todd Hanas

Tiffany Zinck

 

Investor Relations

Media Relations

 

+1.866.869.8072

+1.604.320.3344 extension 208

thanas@counterpath.com

pr@counterpath

 

 

 



 

 

Legal Note on Forward-Looking Statements

 

Statements in this news release, which are not purely historical, are forward-looking statements, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Forward-looking statements in this news release are marked by an asterisk (*) and include statements regarding management's belief that: CounterPath expects to see additional realization of the Company’s goals around customer acquisition, product and solution enhancement, revenues and profitability. It is important to note that actual outcomes and CounterPath's actual results could differ materially from those in such forward-looking statements. Factors that could cause actual results to differ materially include risks and uncertainties such as CounterPath's ability to remain competitive as other parties develop and release competitive products, CounterPath's ability to retain the employees necessary to continue research and development of CounterPath's software products, the success by CounterPath of the sales of its products, the impact of competitive products on the sales of CounterPath's products, the impact of technology changes on CounterPath's software products and on the VoIP industry, the compatibility of CounterPath's software products with new computer operating systems, the rate of adoption by service providers and the general public of VoIP as a replacement for regular and cellular phone service, general economic conditions as they affect CounterPath's prospective customers, the ability of CounterPath to control costs operating, general administrative and other expenses, and insufficient investor interest in CounterPath's securities which may impact on CounterPath's ability to raise additional financing as required. Readers should also refer to the risk disclosures outlined in CounterPath's quarterly reports on Form 10-QSB, annual reports on Form 10-KSB and CounterPath's other disclosure documents filed from time-to-time with the Securities and Exchange Commission.

 

 

 

 

 

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