Shares in CounterPath Corporation (NASDAQ:CPAH) zipped higher on Monday morning after the Voice over Internet Protocol specialist confirmed is to demonstrate its technology alongside industry giant Oracle Corporation (NYSE:ORCL) at an upcoming exhibition.
The two companies – which, at US$23mln and US$US$218bn, are at different ends of the value scale – have been working together to develop a solution that can “seamlessly” interoperate between systems, devices and legacy infrastructure to enhance a business’ communication capabilities.
Essentially, the joint solution helps to ensure that all team members are ‘always connected’, regardless of location, device or network.
Importantly, the solution works with almost all voice platforms, CounterPath said, while conversations can be recorded and stored in order to meet compliance regulations.
“Together, Oracle and CounterPath are providing businesses and service providers an out-of-the-box, secure unified communications and collaboration solution that can seamlessly overlay into their existing infrastructure," said CounterPath president and chief executive Donovan Jones.
“Our highly integrated solution not only provides customers with a future-proof communications infrastructure that can dramatically simplify operations and lower costs but also delights end-users with a rich, customizable experience.”
The Enterprise Connect conference runs from March 12-14 at the Gaylord Palms Resort in Orland, Florida.
CounterPath shares were up 18.5% to US$4.48 shortly after midday on Monday.