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Crexendo Provides Update on Nationwide Launch of Telecom Offering, Announces Enterprise Sales Management Addition
GlobeNewswire 2011-12-15
PHOENIX, Dec. 15, 2011 (GLOBE NEWSWIRE) -- Crexendo, Inc. (AMEX:EXE), a
provider of Cloud based infrastructure services to small and mid-sized
businesses, including telecom and website hosting services, e-commerce
software, website development, and Internet marketing services, today
released an update on its plans to launch a nationwide telecom
offering. Crexendo has been registering as a CLEC (competitive local
exchange carrier) in most jurisdictions in the United States. Crexendo
has already received regulatory approval in forty five states as well
as the District of Columbia. In addition the Arizona Corporations
Committee has approved the application pending in that State, and that
CLEC is expected to be effective in two to three weeks.
Steve Mihaylo, Crexendo CEO stated, "We've been working on our telecom
products and services for well over two years now and we are excited by
our progress. We have been using this time to make sure our service
offerings were ready for a nationwide rollout. We have been providing
effective services in many locations and the response to our products
has been tremendous. We are completing a beta test of providing
hundreds of devices and phone lines to a business with locations in
multiple venues, the results have exceeded our expectations. I am fully
convinced we have the right services and solutions for everyone from
the large enterprise customer to the SOHO."
Mihaylo added, "We are pleased with the regulatory approvals. We
believe that with being a facilities-based CLEC, we are rolling out a
nationwide infrastructure that enables us to provide services over our
own network resulting in Crexendo's ability to deliver more cost
effective, innovative and higher quality services that meet the needs
of today's businesses and SOHO's. We are positioning ourselves for
strong future growth by building a flexible platform that puts us ahead
of most other providers. We are moving forward with our nationwide
rollout in January and we are aggressively expanding our sales force to
handle our expected growth."
Clint Sanderson, President and COO, added, "Our management is very well
positioned to execute our plan. We have the right people in the right
positions and now we can help businesses across the nation improve
their telecommunications, reduce their telecom expense and improve the
effectiveness of their websites. All of our employees, our management
team and I am excited about Crexendo's future prospects."
Crexendo also announced that Stephen Crandall has been promoted to
Director of New Business Development. Crandall has a long history of
developing substantial enterprise business in the telecommunications
field. Crandall received a Bachelor Science Degree from Arizona State
University; he has held positions of increasing responsibility with
Inter-Tel culminating with the position of Director of Enterprise
Sales. Prior to that Crandall was the founder and CEO of KC Gutenberg
d/b/a Land O' Sun Printers. Crandall is also a member of the World
Presidents Organization.
Doug Gaylor Crexendo Vice President of Sales indicated that "With the
promotion of Steve we are confident that we've put into place the right
mix of executives and a highly effective structure to help achieve our
growth aspirations. The time was right with our rolling out the
national telecom offering to make this appointment. It is exciting to
have someone like Steve who has the experience in both securing
enterprise sales and mentoring the sales force to execute on enterprise
sales."
About Crexendo
Crexendo provides Cloud-based infrastructure services to small and
mid-sized businesses, which includes telecom and website hosting
services, ecommerce software, website development and Internet
marketing services. These Cloud-based services help small and mid-sized
businesses build Internet strategies to market and sell their products,
accept online orders, analyze marketing performance and manage pricing
and customers over the Internet. In addition to software, training and
Cloud-based telecom and website hosting services, Crexendo offers site
development, search engine optimization (SEO), link building and
training. Crexendo, Crexendo Business Solutions, Crexendo Network
Services are trademarks of Crexendo, Inc.
The Crexendo, Inc. logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=7604
Safe Harbor Statement
This press release contains forward-looking statements. The Private
Securities Litigation Reform Act of 1995 provides a "safe harbor" for
such forward-looking statements. The words "believe," "expect,"
"anticipate," "estimate," "will" and other similar statements of
expectation identify forward-looking statements. Specific
forward-looking statements in this press release include information
about Crexendo, (i) being excited by the telecom offerings, (ii) using
the time to make sure the telecom offerings were ready for a nationwide
rollout, (iii) response having been tremendous to the telecom
offerings, (iv) completing a beta test of providing hundreds of phones
to a business with multiple locations with results having been beyond
expectations, (v) being fully convinced the Company has the right
services and solutions for everyone from the large enterprise customer
to the SOHO, (vi) being pleased with the regulatory approvals, (vii)
being a facilities-based CLEC the Company is rolling out a nationwide
infrastructure that enables it to provide services over our own network
resulting in the ability to deliver more cost effective, innovative and
higher quality services that meet the needs of today's businesses and
SOHO, (viii) positioning itself for strong future growth by building a
flexible platform that puts it ahead of most other providers, (ix)
moving forward with its nationwide rollout in January, (x) aggressively
expanding its sales force to handle expected growth, (xi) management
being very well positioned to execute its plan, (xii) having the right
people in the right positions, (xiii) can help business across the
nation improve their telecommunications, reduce their telecom expense
and improve the effectiveness of their websites, (xiv) being excited
about its future prospects, (xv) having put into place the right mix of
executives and a highly effective structure to help achieve growth
aspirations and (xvi) Mr. Crandall having the experience in both
securing enterprise sales and mentoring the sales force to execute on
enterprise sales.
For a more detailed discussion of risk factors that may affect
Crexendo's operations and results, please refer to the company's Form
10-Q for the quarters ended March 31, 2011, June 30, 2011 and September
30, 2011 as well as the Form 10-K for the year ended December 31, 2010.
These forward-looking statements speak only as of the date on which
such statements are made, and the company undertakes no obligation to
update such forward-looking statements, except as required by law.
CONTACT: Crexendo, Inc.
Steven G. Mihaylo, CEO
775-530-3955
Stevemihaylo@crexendo.com
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