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Dubber shares fly on North American inroads

Dubber shares fly on North American inroads

Dubber Corporation (ASX:DUB) shares were trading as much as 25% higher today after the cloud-based software company launched a North American commercial presence with its first telco customer in the U.S.

Shares in Dubber were last trading 16.7% higher at A$0.49, which represents a 63.3% increase over last month’s low.

Cloud-based voice technology company BluIP chose the Dubber ‘On-demand’ offer for its entire user base and demonstrated the unique value Dubber offers at the Broadsoft Connections 2015 conference in Arizona.

BluIp currently has 2,000 recording subscribers and will offer call recording as an option for another 30,000 ‘On-demand’ users with a 12 month initial term.

Within a week of Dubber’s North American launch and its testing in the Dubber Lab, BluIP has used Dubber’s application programing interface (API) management solution to fully integrate its ‘Redial.io’ application, including completion of testing and productisation.

Redial.io is a Google Chrome extension-based platform that offers a range of telephony services for Broadsoft (NASDAQ:BSFT), a global communications software provider.

The investor interest sparked by this progress has extended a string of strong price increases for Dubber shares on the back of other recent commercial advancements.

Earlier this week, Dubber stock jumped 29% after the company confirmed it had engaged one of Australia’s Big 4 banks as a client.

Shares also received a boost in September when Dubber released its platform of call recording and audio asset management technologies into the UK and European markets.


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Dubber Corporation Ltd Timeline

Newswire
December 05 2016

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