SOURCE: Crexendo, Inc.

Crexendo, Inc.

October 19, 2012 09:20 ET

Crexendo Names Director of Dealer Sales

PHOENIX, AZ--(Marketwire - Oct 19, 2012) - Crexendo, Inc. (NYSE MKT: EXE) today announced it is establishing its Web Services and Telecom Services Dealer Programs and has named Brian Miller as its new Director of Dealer Sales.

Doug Gaylor, President and COO of Crexendo, commented that, "The formation of the Dealer Programs is an important milestone for our company. We believe our product offerings have matured to where we can accommodate the demands of two full dealer programs. We are very excited to add Brian to our team; he brings a long history of proven success in affiliate program creation and implementation. He is an outside the box thinker who brings a unique skillset to the team."

Miller was previously with Liberty One Lending, LLC where he was instrumental in growing the company from 4 loan officers to over 1300 in 37 states. Miller has 32 years executive sales experience with a proven track record. Miller graduated summa cum laude from Eastern Washington University with a degree in Radio/Television Management. As Director of Dealer Sales for Crexendo, Miller will oversee the day-to-day operations of the company's dealer networks, infrastructure and operational sales management.

Miller stated, "This is a tremendous opportunity for me. I am very excited about the Crexendo Hosted Communication and Web Services offerings which can often save business customers up to 55% off their monthly telephone expenses and improve their web sales and presence. We are designing the Crexendo Dealer programs to be the best value added proposition for the dealer's B2B sales. Our world class dealer programs will be a great additional offering for any current B2B service provider."

Steven G. Mihaylo stated, "This is a major step in our maturation process. I am very pleased with the progress we have made, it is clear to me that we have both the resources and the staff to support our dealer networks. We would not have taken this step if we did not have the tools necessary to accommodate our dealers and the customers they can bring. I expect the dealer programs, when fully implemented, to provide us with additional customers and to leverage our sales. We believe this is one of the steps necessary to put Crexendo on the path to profitability and to increased shareholder value."

About Crexendo

Crexendo is a hosted services company that provides e-commerce software, website development, web hosting, search engine optimization, link building, cloud based telecommunication services, and broadband internet for businesses and entrepreneurs. Crexendo's 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) having the formation of the Dealer Programs as an important milestone; (ii) believing that its product offerings have matured to where it can accommodate the demands of two full dealer programs; (iii) being very excited to add Brian to its team with Miller bringing a long history of proven success in affiliate program creation and implementation; (iv) designing the Crexendo Dealer programs to be the best value added proposition for the dealer's B2B sales and building a world class dealer program; (v) the Dealer Programs being a major step in its maturation process and being very pleased with the progress it has made: (vi) believing that it maintains both the resources and the staff to support a dealer network; (vi) expecting the dealer programs, when fully implemented, to provide additional customers and leads to increase sales and believing this is one of the steps necessary to put it on the path to profitability and to increase shareholder value.

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 period ended December 31, 2011 and Forms 10Q for the periods ending March 31, 2012 and June 30, 2012. 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.

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