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Fuse.Cloud partners with Crexendo(R) to replace its Cisco-BroadSoft UCaaS Solution

Crexendo, Inc. (NASDAQ:CXDO) announced a strategic partnership with Fuse.Cloud, which will replace its Cisco-BroadSoft solution with Crexendo's cloud communication platform.

(Moderate)

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Rhea-AI Summary

Crexendo, Inc. (NASDAQ:CXDO) announced a strategic partnership with Fuse.Cloud, which will replace its Cisco-BroadSoft solution with Crexendo's cloud communication platform. Fuse.Cloud, a leader in VoIP and IT Managed Services, chose Crexendo for its robust, scalable, and feature-rich offering, which supports over 2.5 million users globally. The deal allows Fuse.Cloud to engage with Crexendo on a SaaS model, preserving capital outlay. This partnership further solidifies Crexendo's position as the fastest-growing UCaaS platform in North America, according to Frost & Sullivan.

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Positive

  • Strategic partnership with Fuse.Cloud enhances Crexendo's market presence.
  • Fuse.Cloud's choice boosts Crexendo's credibility in the UCaaS sector.
  • Partnership allows for capital preservation through a SaaS model.

Negative

  • None.
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News Market Reaction – CXDO

The recorded move for CXDO in the trading session of this news was -5.32%.

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PHOENIX, AZ / ACCESSWIRE / September 13, 2022 / 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 Fuse.Cloud has selected Crexendo® to host and run their communication solutions offerings using the award winning Crexendo® powered by NetSapiens® platform.

Fuse.Cloud an industry leader for VoIP, Internet, and IT Managed Services for businesses announced today the strategic partnership with Crexendo® as a replacement for its Cisco-BroadSoft solution. Fuse.Cloud did extensive evaluations of other industry-leading solutions for its replacement platform and has selected the Crexendo® solution.

Gary Watts, CEO of Fuse.Cloud commented "With over 2.5 million users on their platform, we found the Crexendo® offering to be the most feature-rich, robust, and scalable solution to suit our needs. With this choice, we were also able to engage with Crexendo® on SaaS (Software as a Service) model and preserve capital outlay."

Steven G. Mihaylo, Chief Executive Officer commented "We are very honored that Fuse.Cloud has selected what I know is the best platform in the industry. We continually make substantial investments to provide our partners the best services that are available anywhere. We deliver a multitude of flexible services that allow our partners to thrive in this very competitive marketplace, that is why our solution is ranked the fastest growing UCaaS platform in North America by Frost & Sullivan."

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 two and a half million end users globally and were recently recognized as the fastest growing UCaaS platform in the United States.

About Fuse.Cloud

Fuse.Cloud helps businesses regain their focus by delivering customized business solutions with support that provides an exceptional personal experience. The company offers a comprehensive cloud-based portfolio that includes VoIP, fiber internet, and managed IT services that enhance and support future growth for businesses across the country. With over 2,500 customers throughout the United States, Fuse.Cloud is committed to increasing its portfolio to include flexible technology options that will help prepare businesses today for advanced applications to come in the future. For more information, visit www.fuse.cloud.

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) being the best platform in the industry; (ii) continually making substantial investments to provide our partners the best services that are available anywhere and thrive in this very competitive marketplace and (iii) investments in offerings is why the solution is ranked the fastest growing UCaaS platform in North America by Frost & Sullivan.

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, 2021, 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.

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/715615/FuseCloud-partners-with-CrexendoR-to-replace-its-Cisco-BroadSoft-UCaaS-Solution

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the recent partnership announced by Crexendo (CXDO)?

Crexendo announced a partnership with Fuse.Cloud, which will replace its Cisco-BroadSoft solution with Crexendo's UCaaS platform.

Why did Fuse.Cloud choose Crexendo's platform?

Fuse.Cloud selected Crexendo for its robust, scalable, and feature-rich platform after extensive evaluation of alternatives.

How many users does Crexendo's platform support?

Crexendo's cloud communication solutions currently support over 2.5 million users worldwide.

What recognition has Crexendo received in the UCaaS market?

Crexendo is ranked as the fastest-growing UCaaS platform in North America by Frost & Sullivan.

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