InvestorNewsBreaks — Crexendo Inc. (NASDAQ: CXDO) Partners with Mavenir to Expand Business Services Portfolio, Increase Capabilities

Crexendo (NASDAQ: CXDO) has entered into a partnership with Mavenir, the industry’s only end-to-end, cloud-native network software provider. The agreement outlines the two companies’ plans to work together to develop and expand a portfolio of business services and advanced capabilities. The agreement is designed to support both companies in their efforts to address Unified Communications as a Service (“UCaaS”) as well as business messaging market growth. According to the agreement, Mavenir will incorporate Crexendo’s UCaaS solution with its exclusive Mavenir Connect brand to offer a time-tested UCaaS solution to customers looking for industry-leading, mobile-friendly, cloud-unified communications capabilities that are affordable, user friendly and effective. In addition, CXDO will fully utilize Mavenir’s Contact Center as a Service (“CCaaS”) and omni-channel customer engagement, chatbots and automations. “This is a major milestone for us,” said Crexendo CEO Steven G. Mihaylo in the press release. “We merged with NetSapiens being convinced that we could monetize their award-winning solutions in an effective manner that would provide substantial shareholder value. That Mavenir shares our view in the benefits of our solutions and will now be offering them to their customers is confirmation of our belief. Mavenir is the ideal partner to help meet Crexendo’s objectives and long-term growth initiatives as a leading choice for channel partners and service providers, increasing the number of opportunities to profit from the UCaaS, CCaaS and business messaging market expansion.”

To view the full press release, visit https://ibn.fm/Tg5Rm

About Crexendo Inc.

Crexendo is an award-winning premier provider of Unified Communications as a Service, Call Center as a Service, communication platform software solutions and collaboration services. CXDO’s services are designed to provide enterprise-class cloud communication solutions to any size business through its business partners, agents and direct channels. Recently recognized as the fastest growing UCaaS platform in the United States, Crexendo and its solutions currently support more than 2 million end users globally. For more information about the company, visit www.Crexendo.com.

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