Crexendo Announces Addition to Board of Directors

Crexendo Announces Addition to Board of Directors 
PHOENIX, AZ -- (Marketwired) -- 08/29/13 --  Crexendo, Inc. (NYSE
MKT: EXE), a hosted services company that provides web hosting,
hosted telecommunications services, e-commerce software, website
development and broadband internet services for businesses and
entrepreneurs, today announced the election of Jeffrey P. Bash to the
Crexendo, Inc. Board of Directors, effective August 28, 2013.  
Mr. Bash has been a long time investor in Crexendo and has extensive
investing and corporate finance experience. Bash is a Vice President
of private, family-owned Richmont Corporation of Dallas, TX,
providing corporate finance services. From 2008 to the present Bash
has also worked as a consultant to the private equity firm, General
Pacific Partners LLC of Newport Beach, CA, providing strategic
planning, corporate finance, structure, analysis, research and report
writing services. Since 2006 Bash has been a private investor and
advocate for stockholder interests with both managements and Boards.
Prior to 2006, Bash was a Corporate Vice President & Actuary for New
York Life Insurance Company, becoming a Fellow of the Society of
Actuaries (FSA) from 1970 until his retirement in 1995. Mr. Bash
received his Bachelor of Arts degree in mathematics from Oberlin
College. 
Steven G. Mihaylo, Chief Executive Officer, commented, "We are
delighted Jeff has joined Crexendo's board of directors. With his
extensive background in business and working to increase shareholder
value he will be a tremendous addition to our Board. We look forward
to benefiting from his insights as we continue to grow our business.
Jeff's analytical and problem-solving skills, experience with
financial analysis and projections, with decades of experience in the
financial markets, will bring valuable insight to the Board and the
direction of Crexendo." 
Mr. Bash said, "I am excited to join the Board of Directors of what I
am convinced is a great Company with top of the market services and
products. I look forward to working closely with the board members
and Crexendo's management during the next phase of Crexendo's
growth." 
About Crexendo  
Crexendo is a hosted services company that provides web hosting,
hosted telecommunications services, e-commerce software, website
development and broadband internet services for businesses and
entrepreneurs. Our services are designed to make enterprise-class
hosting services available to small and medium-sized businesses at
affordable monthly rates.  
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) continue to grow its business; (ii) being a great
Company with top of the market services and products and (iii)
addition of Mr. Bash to the board will bring valuable insight to the
Company direction. 
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, 2012, and Form 10-Q for the
period ending June 30, 2013. 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, Inc.
Steven G. Mihaylo
CEO
602-345-7777
Smihaylo@crexendo.com 
 
 
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