 PHOENIX, AZ ACCESSWIRE March 8, 2021 Crexendo, Inc. NASDAQ:CXDO an award-winning premier provider of cloud communications, UCaaS Unified Communications as a Service, call center, collaboration services, and other cloud business services that are designed to provide enterprise-class cloud services to any size business at affordable monthly rates, today announced that it had entered into a definitive agreement to acquire NetSapiens, Inc. NetSapiens is an award-winning, patented cloud-native communications platform delivered via a high availability, multi-tenant solution that can be consumed however the service providers prefer, in their cloud or the NetSapiens cloud, on a subscription or a purchase model. They currently support over 1.7 million users on their platform through a community of partners Pursuant to the agreement, Crexendo will acquire NetSapiens through a merger for approximately Fifty Million Dollars, consisting of 10 Million in cash and the remainder in stock consideration which will include both shares of common stock and stock options, Crexendo will be issuing approximately 6,462,036 total shares and options. 