Crexendo's AI-Native NetSapiens Platform Earns Industry Recognition as Demand for Modern Cloud Communications Accelerates
Rhea-AI Summary
Crexendo (NASDAQ:CXDO) announced its AI-native NetSapiens cloud communications platform has won the 2026 TMCnet Remote/Hybrid Work Leadership Award. Editors selected winners for innovation, functionality, and support for distributed work. Crexendo believes NetSapiens’ scalable, AI-powered UCaaS platform is well positioned as demand for modern cloud communications accelerates.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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News Market Reaction – CXDO
On the day this news was published, CXDO declined 3.27%, reflecting a moderate negative market reaction. Our momentum scanner triggered 2 alerts that day, indicating moderate trading interest and price volatility. This price movement removed approximately $10M from the company's valuation, bringing the market cap to $294.01M at that time.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Previous AI Reports
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| Jan 14 | AI product launch | Positive | +2.4% | Launch of CAIRO AI receptionist and orchestrator with advanced call automation. |
| Dec 03 | AI platform awards | Positive | +0.9% | G2 Winter 2026 reports granting 42 awards for AI and contact center strength. |
| Nov 20 | AI award recognition | Positive | -3.3% | Second consecutive Generative AI Product of the Year award for NetSapiens. |
| Oct 21 | AI partnership | Positive | +1.1% | Partnership with Dubber to add compliant recording and AI insights to platform. |
| Sep 10 | AI platform awards | Positive | -2.0% | G2 Fall 2025 reports with 28 AI-enhanced platform awards and top rankings. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
AI-related announcements have produced modest and mixed single-day reactions, with a slight tilt toward small positive moves and occasional negative responses even on favorable AI news.
Over the past year, Crexendo has repeatedly highlighted AI capabilities in its cloud communications platform. AI-focused milestones include the CAIRO AI receptionist launch on Jan 14, 2026 and multiple AI platform awards and recognitions from G2 and TMC between Sep 2025 and Nov 2025. Single-day reactions to these AI items ranged from about -3.32% to +2.43%. Today’s new AI-native NetSapiens award continues this pattern of external validation for the company’s AI strategy.
Historical Comparison
Across 5 prior AI-tagged releases, average 1-day move was about -0.17%. Today’s +1.18% gain sits within the historical range of modest, mixed responses to AI news.
AI news has followed a steady path: platform-level AI enhancements, expanding user counts, recurring third-party awards, and new AI-focused partnerships. Today’s recognition for the AI-native NetSapiens platform extends this trajectory of external validation for Crexendo’s AI strategy.
Regulatory & Risk Context
Key Terms
ucaas technical
AI-generated analysis. How Rhea-AI works. Not financial advice.
PHOENIX, AZ / ACCESS Newswire / May 12, 2026 / Crexendo®, Inc. (NASDAQ:CXDO), an award-winning software technology company supporting over 7 million end-users, and 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, announced today that the company has been named a winner of the 2026 TMCnet Remote/Hybrid Work Leadership Award for its AI-Native NetSapiens cloud communications platform.
The TMCnet Remote/Hybrid Work Leadership Award honors companies whose software, hardware, applications, and services support employees working full- or part-time from remote locations. Winners are selected by the editors of TMCnet based on innovation, functionality, and the ability to enable modern distributed work environments.
As enterprises and service providers continue migrating toward AI-enabled cloud communications environments, Crexendo believes the demand for scalable, software-driven platforms that unify voice, collaboration, customer engagement, and automation continues to accelerate. The company believes its NetSapiens platform is uniquely positioned to capitalize on this long-term industry transition.
Crexendo's NetSapiens platform was recognized for its ability to empower service providers and businesses with a scalable, AI-powered cloud communications solution that enables seamless collaboration across remote and hybrid teams. The platform integrates voice, video, messaging, and contact center capabilities into a unified environment designed to enhance productivity, flexibility, and user experience regardless of location.
The recognition further validates Crexendo's strategy of investing in scalable, software-driven cloud communication platforms capable of supporting long-term recurring revenue growth and expanding global partner adoption.
"TMC is proud to celebrate the innovators driving advancements in remote working technology with the 6th Annual Remote/Hybrid Work Leadership Awards," said Rich Tehrani CEO of TMC. "Each winner has demonstrated exceptional innovation and leadership in a field that became essential during the global pandemic. Their contributions continue to shape the future of remote work, and I commend each of them for their pioneering efforts," added Tehrani.
"We believe the communications industry is still in the early stages of a major transition toward AI-native cloud platforms," said Jeff Korn, Chairman and Chief Executive Officer of Crexendo. "The NetSapiens platform was designed specifically for that transition, enabling service providers and enterprises to unify collaboration, mobility, customer engagement, and AI within a single scalable environment. As adoption of modern cloud communications continues to accelerate globally, we believe Crexendo is exceptionally well positioned to capitalize on that opportunity. This recognition from TMC further validates both our technology leadership and our long-term strategic direction"
Crexendo continues to expand its position within the rapidly evolving cloud communications market through ongoing investments in AI-native software innovation, platform scalability, security, and partner enablement. The company believes its software-centric operating model and growing global ecosystem position it to benefit from the continued shift to the cloud. This latest honor adds to a growing list of industry recognitions for Crexendo's innovation and market leadership, reinforcing the company's role in shaping the future of work through AI-powered cloud communications solutions.
About Crexendo
Crexendo, Inc. is an award-winning software technology company that is a premier provider of cloud communication platform and services, video collaboration and managed IT services tailored to businesses of all sizes. Our solutions currently support over seven million end users globally, through our extensive global network of over 240 cloud communication platform software subscribers and our direct retail offering. For more information, please visit www.crexendo.com.
About TMC
For more than 20 years, TMC has been honoring technology companies with awards in various categories. These awards are regarded as some of the most prestigious and respected awards in the communications and technology sector worldwide. Winners represent prominent players in the market who consistently demonstrate the advancement of technologies. Each recipient is a verifiable leader in the marketplace.
TMC also provides global buyers with valuable insights to make informed tech decisions through our editorial platforms, live events, webinars, and online advertising. Leading vendors trust TMC, thought leadership, and our events for branding, thought leadership, and lead generation. Our live events, like the ITEXPO #TECHSUPERSHOW, deliver unmatched visibility, while our custom lead generation programs and webinars ensure a steady flow of sales opportunities. Display ads on trusted sites generate millions of impressions, boosting brand reputations. TMC offers a complete 360-degree marketing solution, from event management to content creation, driving SEO, branding, and marketing success.
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 communications industry is still in the early stages of a major transition toward AI-native cloud platforms; (ii) believing the NetSapiens platform was designed specifically for that transition, enabling service providers and enterprises to unify collaboration, mobility, customer engagement, and AI within a single scalable environment; (iii) believing Crexendo is exceptionally well positioned to capitalize on the opportunities; (iv) continuing to expand its position within the rapidly evolving cloud communications market through ongoing investments in AI-native software innovation, platform scalability, security, and partner enablement; (v) believing its software-centric operating model and growing global ecosystem position it to benefit from the continued shift to the cloud; (vi) believing this latest honor adds to a growing list of industry recognitions for its innovation and market leadership, reinforcing the its role in shaping the future of work through AI-powered cloud communications solutions.
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, 2025, and 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 Contact:
Doug Gaylor
President and Chief Operating Officer
dgaylor@crexendo.com
602-732-7990
TMC Contact:
Stephanie Thompson
Manager, TMC Awards
203-852-6800
sthompson@tmcnet.com
SOURCE: Crexendo, Inc.
View the original press release on ACCESS Newswire