STOCK TITAN

Crexendo Announces Major Version Update For Its Award-Winning Communications Platform

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary

Crexendo, Inc. (CXDO) announced the release of version 42 of its NetSapiens SNAPsolution, a leading cloud communications platform. The update introduces features such as Enhanced 911 Integrations, Call Center improvements, and support for Ubuntu 20 and Apple SSO. The platform has been recognized as the fastest-growing UCaaS provider in North America, supporting over 2 million end users. Executives express optimism about continued enhancements to increase shareholder value. This release aligns with the company's commitment to meeting market needs.

Positive
  • Introduction of new features enhancing usability and functionality.
  • SNAPsolution recognized as the fastest-growing UCaaS platform in North America.
  • Support for over 2 million end users, indicating strong market presence and demand.
  • CEO and CSO optimistic about future enhancements contributing to shareholder value.
Negative
  • None.

PHOENIX, AZ / ACCESSWIRE / October 6, 2021 / Crexendo, Inc. (NASDAQ:CXDO) an award-winning premier provider of Unified Communications as a Service (UCaaS), Call Center as a Service (CCaaS), communication platform software solutions, and collaboration services designed to provide enterprise-class cloud communication solutions to any size business through our business partners, agents, and direct channels today announced that it is releasing v.42, the next major version of the NetSapiens SNAPsolution.

New features include:

  • Enhanced 911 Integrations
  • Collaboration/SNAP.HD Enhancements
  • Call Center integration and improvements increasing utilization
  • Ubuntu 20 Support- Apple SSO Integration
  • UI Config User Interface within Portal
  • HD Audio for Calls and Collaboration

The Crexendo NetSapiens division developed and maintains an award-winning, patented cloud-native communications platform delivered via a high availability, multi-tenant solution that can be consumed however the service providers prefer, in their cloud or the NetSapiens cloud, on a subscription or a purchase model. NetSapiens maintains a portfolio of cloud-native solutions, including its flagship SNAPsolution platform and its award winning SnapHD video collaboration solution. NetSapiens was recently spotlighted in Frost & Sullivan's UCaaS (Unified Communications as a Service) report as the third-party platform vendor with the fastest growth rate in the North American market and the #4 ranked provider of UCaaS seats in North America.

Steven G. Mihaylo, Chief Executive Officer commented "We are very excited to be able to release this major update making improvements to the best platform on the market. I am very proud of how the Crexendo and NetSapiens teams are working and merging as one unit. This is one of many enhancements we expect from the teams working together. This follows two previous milestones Crexendo being able to release the game changing VIP platform which is an all-in-one cloud business communications solution with a 100% uptime guarantee offering Video Collaboration, Interactions, and Business Phone communications and our announcement of Two Million End Users Utilizing our award-winning platform. I expect continued improvements and milestones for our customers, our community allowing us to increase shareholder value."

Anand Buch, Chief Strategy Officer stated "We are very excited about the first major release since our combination with Crexendo. These improvements and enhancements make the best platform available even better. The overriding theme of this update is Maintainability, Supportability, Call Center and Mobility. This version addresses the needs of our community and their customers by adding call center and mobility tools while increasing maintainability and supportability of the SNAPsolution as a whole. I am excited that now as one team with Crexendo we can continue to work very closely with our community to determine market needs for today and into the future"

About Crexendo

Crexendo, Inc. is an award-winning premier provider of Unified Communications as a Service (UCaaS), Call Center as a Service (CCaaS), communication platform software solutions, and collaboration services designed to provide enterprise-class cloud communication solutions to any size business through our business partners, agents, and direct channels. Our solutions currently support over 2 Million end users globally and was recently recognized as the fastest growing UCaaS platform in the United States.

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 including but not limited to Crexendo (i) being excited to be able to release this major update and considering the platform to the best on the market; (ii) being proud of how the Crexendo and NetSapiens teams are working and merging as one unit and having this update be one of many enhancements we expect from the teams working together; (iii) expecting continued improvements and milestones for its customers and its community allowing it to increase shareholder value; (iv) being very excited about the first major release since the combination; (v) believing these improvements and enhancements make the best platform available even better; (vi) believing the overriding theme of this update is Maintainability, Supportability, Call Center and Mobility with the version addressing the needs of its community and their customers by adding call center and mobility tools while increasing maintainability and supportability of the SNAPsolution as a whole and (vii) being excited that now as one team it can continue to work very closely with our community to determine market needs for today and into the future.

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, 2020, 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.

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

SOURCE: Crexendo, Inc.



View source version on accesswire.com:
https://www.accesswire.com/666865/Crexendo-Announces-Major-Version-Update-For-Its-Award-Winning-Communications-Platform

FAQ

What new features are included in Crexendo's version 42 for CXDO?

Version 42 of Crexendo's SNAPsolution includes Enhanced 911 Integrations, Call Center improvements, Ubuntu 20 support, Apple SSO integration, UI Config User Interface, and HD Audio enhancements.

How does Crexendo's CXDO platform rank in the UCaaS market?

Crexendo's platform was spotlighted in Frost & Sullivan's report, ranking as the third-fastest growing platform vendor and the fourth ranked provider of UCaaS seats in North America.

What is Crexendo's target user base with the new SNAPsolution update?

Crexendo's solutions target any size business, currently supporting over 2 million end users globally.

When was the latest major update for Crexendo released?

The latest major update, version 42, was announced on October 6, 2021.

What are the primary themes of the SNAPsolution version 42 update?

The primary themes of the version 42 update are Maintainability, Supportability, Call Center, and Mobility.

CREXENDO INC

NASDAQ:CXDO

CXDO Rankings

CXDO Latest News

CXDO Stock Data

136.46M
12.06M
55.45%
20.52%
0.72%
Telecom Services
Telephone Communications (no Radiotelephone)
Link
United States of America
TEMPE