Crexendo Announces v44.2 Release with AI Innovations Propelling the Future of Communication
Rhea-AI Summary
Crexendo (NASDAQ:CXDO) has announced the release of v44.2 of its NetSapiens Platform, introducing significant AI-driven features for business communications. The update includes the new NetSapiens Video AI Studio, offering service providers a customizable video conferencing solution with branding capabilities, live streaming to YouTube, and interactive tools.
Key features include an AI companion providing automated meeting recordings, transcriptions, sentiment analysis, and smart search capabilities. The release also introduces an advanced AI-powered Speech-to-Text Transcription system, which the company claims offers superior accuracy compared to competitors.
According to CEO Jeff Korn, this release represents a significant advancement in AI-driven communication solutions, aiming to empower businesses with personalized and intelligent communication tools.
Positive
- Introduction of new AI-powered video conferencing platform with advanced features
- Launch of advanced Speech-to-Text Transcription technology
- Addition of sentiment analysis and smart search capabilities
- Enhanced customization options for service providers
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, CXDO declined 1.59%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
PHOENIX, AZ / ACCESS Newswire / January 27, 2025 / Crexendo®, Inc. (NASDAQ:CXDO), an award-winning software technology company that is a premier provider of cloud communication platform software and unified communication as service (UCaaS) offerings, including voice, video, contact center, and managed IT services tailored to businesses of all sizes, is proud to announce the release of v44.2 of the Crexendo NetSapiens Platform. This release introduces a suite of groundbreaking AI features at its core, enabling users to create, engage, and analyze business communication effectively, efficiently and affordably
The new NetSapiens Video AI Studio offers service providers an advanced AI-driven video conferencing solution that enables their customers to showcase their brand with fully customizable interfaces, including logos, colors, and integrated mobile and desktop apps. By enabling Service Providers to brand the way they want, businesses can maintain a cohesive brand experience across all platforms. With features like live streaming to YouTube and interactive tools such as polls, surveys, and live chat, the Video Studio enhances engagement for both businesses and their audiences. Additionally, the platform includes an artificial intelligence companion that brings automated meeting recordings, transcriptions, sentiment analysis, and smart search into one seamless tool, providing valuable insights to help businesses gauge the overall tone of meetings and understand how positive or negative their interactions were, ultimately optimizing productivity and enabling data-driven decisions based on real-time analysis of conversations.
With v44.2, Crexendo has added in a best-in-class AI-powered Speech-to-Text Transcription. This sets a new standard in accuracy, with the industry's most advanced model offering unmatched transcription quality. Crexendo's AI transcription technology delivers an exponential improvement over competitors and is designed to streamline workflows, helping businesses turn meetings into actionable insights.
"With the launch of v44.2, we are taking another giant step in bringing AI-driven communication solutions to the forefront of the industry," said Jeff Korn, CEO & Chairman of Crexendo. "Our goal has always been to empower businesses to operate more effectively, and this release brings that vision to life with tools that deliver personalized, efficient, and intelligent communication experiences. This release is part of our commitment to remain on the cutting edge of telecommunications software and equip our customers to compete in the AI driven environment."
Crexendo is focused and committed to enhancing communication experiences with intuitive, flexible tools that enable businesses to engage with their teams, customers, and partners more effectively. With v44.2, AI is at the core of this transformation, enabling personalized, intelligent communication at scale.
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) believing the launch of v44.2 is another giant step in bringing AI-driven communication solutions to the forefront of the industry; (ii) its goal has always been to empower businesses to operate more effectively, and this release brings that vision to life with tools that deliver personalized, efficient, and intelligent communication experiences and (iii) believing this release is part of its commitment to remain on the cutting edge of telecommunications software and equip customers to compete in the AI driven environment.
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, 2023, 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.
About Crexendo®
Crexendo, Inc. is an award-winning software technology company that is a premier provider of cloud communication platform software and unified communications as a service (UCaaS) offerings, including voice, video, contact center, and managed IT services tailored to businesses of all sizes. Our cloud communications software solutions currently support over five million end users globally, through an extensive network of over 235 cloud communication platform software subscribers and our direct retail offering.
Contact Information
Doug Gaylor
President and Chief Operating Officer
dgaylor@crexendo.com
602-732-7990
SOURCE: Crexendo, Inc.
View the original press release on ACCESS Newswire