Crexendo Sets Attendance Records and Introduces New CPaaS Capabilities with API 2.0 at the 2023 User Group Meeting

PHOENIX, AZ / ACCESSWIRE / October 26, 2023 / Crexendo, Inc. (NASDAQ:CXDO) ("Crexendo" or the "Company"), an award-winning premier provider of cloud communication platform and services, video collaboration, and managed IT services, today announced that its annual User Group Meeting ("UGM"), which took place from October 16 to 19 in Scottsdale, Arizona, brought together a record number of industry leaders, innovators, and partners. Crexendo also unveiled new CPaaS or programmable communications capabilities via its API 2.0 release at the UGM.

Crexendo's NetSapiens Platform UGM was a milestone event, boasting attendees from five continents, and serving as the largest and most dynamic partner gathering in Crexendo's history. The UGM's successful showing solidified the Company's continued growth as well as the event's position as the leading collaborative meeting for Crexendo's NetSapiens Platform Partners and the broader eco-system in the cloud communication industry.

At the UGM, Crexendo unveiled its new API 2.0 release in version 44 of the NetSapiens Platform which will allow for CPaaS or programmable communications capabilities on its Platform. This capability was on display at Crexendo's first CODEFEST, where Partners vied for prizes by demonstrating applications, they had built leveraging Crexendo APIs. In addition, the Company demonstrated new generative AI capabilities for employee and customer experience and announced enhancements and partnerships to help expand their rapidly growing eco-system.

"Underlining the profound success of our UGM, this year's event offered a dynamic engagement with our licenses and vendors. We had captivating keynote presentations and thought-provoking panel discussions, hands-on workshops, a codeathon, and high-impact networking opportunities. The UGM, once again, solidified its place as the launchpad for immersing attendees in the forefront of cutting-edge advancements in cloud communication and next-gen customer experience technologies," said Jeff Korn, CEO of Crexendo. "In a remarkable display of industry collaboration, a grand total of 43 sponsors lent their expertise, engaging attendees with compelling discussions and captivating demonstrations. This stellar roster was headlined by powerhouses like HP | Poly, creating an impressive tapestry of innovation and expertise. This is our premier event where we have detailed discussions with our licensees and discuss their needs and our plans."

For more information about Crexendo's NetSapiens platform, please visit this link.

About Crexendo

Crexendo, Inc. is an award-winning premier provider of cloud communication platform and services, video collaboration, and managed IT services designed to provide enterprise-class cloud solutions to any size business. Our solutions currently support over three and a half million end users globally. To learn more about Crexendo, visit www.crexendo.com.

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. We do not undertake any obligation to publicly update any forward-looking statements to reflect events, circumstances, or new information after this press release, or to reflect the occurrence of unanticipated events including but not limited to Crexendo® (i) UGM offering a dynamic engagement with licenses and vendors; (ii) UGM solidifying its place as the launchpad for immersing attendees in the forefront of cutting-edge advancements in cloud communication and next-gen customer experience technologies and being a remarkable display of industry collaboration and (iii) UGM being our premier event where we have detailed discussions with our licensees and discuss their needs and our plans.

For a more detailed discussion of risk factors that may affect Crexendo's operations and results, please refer to the Company's Form 10-K for the year ended December 31, 2022, and quarterly Form 10-Qs as filed with the SEC. 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.

Crexendo Company Contact:

Crexendo, Inc.
Doug Gaylor
President and Chief Operating Officer
602-732-7990
dgaylor@crexendo.com

Investor Relations Contact:

Gateway Investor Relations
Matt Glover and Tom Colton
949-574-3860
CXDO@gateway-grp.com

SOURCE: Crexendo, Inc.