Counsel Corporation Subsidiary Files Patent Infringement Lawsuit Against Four Telecommunications Companies

* Reuters is not responsible for the content in this press release.

Thu Aug 27, 2009 9:02am EDT

  TORONTO, ONTARIO, Aug 27 (MARKET WIRE) -- 
Counsel Corporation (TSX: CXS) ("Counsel") today announced that C2
Communications Technologies Inc., a wholly-owned subsidiary of C2 Global
Technologies Inc. (OTCBB: COBT) ("C2"), has filed a patent infringement
lawsuit against PAETEC Corporation, Matrix Telecom, Inc., Windstream
Corporation, and Telephone and Data Systems, Inc. Counsel owns
approximately 91% of C2.

    The complaint was filed in the United States District Court for the
Eastern District of Oklahoma and alleges that the defendants' services
and systems utilizing Voice over Internet Protocol ("VoIP") infringe C2
Communications Technologies Inc.'s U.S. Patent No. 6,243,373, entitled
"Method and Apparatus for Implementing a Computer Network/Internet
Telephone System". The complaint seeks an injunction, monetary damages
and costs.

    C2 Communications Technologies Inc. is represented in this litigation by
Susman Godfrey, LLP and The Ware Firm.

    About Counsel Corporation 

    Counsel Corporation (TSX: CXS) is a private equity investor and
alternative asset manager that actively partners with businesses to
achieve shared success and to unlock value through leveraging its
relationships, access to capital and strategic market experience. For
further information, please visit Counsel's website at
www.counselcorp.com. 

    About C2 Global Technologies Inc.

    C2's (OTCBB: COBT) primary business is the development and licensing of
its patents, which include two foundational patents in VoIP technology.
C2 is also involved in the acquisition and disposition of distressed and
surplus assets through its interest in Counsel RB Capital LLC. For
further information, please visit C2's website at www.c-2technologies.com.

    Forward-Looking Statements

    The statements made in this release that are not historical facts contain
forward-looking information that involves risks and uncertainties. All
statements, other than statements of historical facts, which address
Counsel and C2's expectations, should be considered as forward-looking
statements. Such statements are based on knowledge of the environment in
which the Companies currently operate, but because of the factors listed
herein, as well as other factors beyond Counsel and C2's control, actual
results may differ materially from the expectations expressed in the
forward-looking statements. Important factors that may cause actual
results to differ from anticipated results include, but are not limited
to, obtaining necessary approvals and other risks detailed from time to
time in the Companies' securities and other regulatory filings.

Contacts:
Counsel Corporation & C2 Global Technologies Inc.
Stephen Weintraub
Executive Vice President, Secretary & CFO
(416) 866-3058
sweintraub@counselcorp.com
www.counselcorp.com

The Ware Firm
Leslie D. Ware
Partner
(214) 744-5000

Copyright 2009, Market Wire, All rights reserved.

-0-
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.