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Crexendo Receives 2014 INTERNET TELEPHONY Excellence Award

Crexendo(TM) Cloud Business Phone Systems Honored For Delivering Exceptional Communications Solutions

PHOENIX, AZ -- (Marketwired) -- 08/29/14 -- Crexendo, Inc. (NYSE MKT: EXE), a hosted services company that provides hosted telecom services, website services, website development software and broadband internet services for businesses and entrepreneurs, today reported that its Crexendo ™ cloud business phone system is a recipient of the 2014 INTERNET TELEPHONY Excellence Award presented by INTERNET TELEPHONY magazine.

Steven G. Mihaylo, Chief Executive Officer, commented, "We are very excited to have again earned this prestigious award. The fact that now two years running we have been able to have distinguished our telephone products and services proves that we are second to none in the solutions we provide to our customers. We believe that the telephone services offering we make is a tremendous value which can save customers substantial amounts of money from their current structure without compromising, and often improving their current quality of service. This award continues to confirm that we as a company are on the right track, and fully confirms our commitment to our products, services, and customers."

"The editors of INTERNET TELEPHONY are excited to grant Crexendo with an INTERNET TELEPHONY Excellence Award for its innovation in IP communications. Crexendo has demonstrated outstanding quality and delivered exceptional solutions for its customers," said Erik Linask, Group Editorial Director of INTERNET TELEPHONY.

"Crexendo has been recognized with a 2014 INTERNET TELEPHONY Excellence Award for proving its dedication and excellence in advancing IP communications," stated Rich Tehrani, CEO, and TMC.

For more information, please visit www.tmcnet.com.

About Crexendo

Crexendo is a hosted services company that provides hosted telecommunications services, hosted website services, website development software and broadband internet services for businesses and entrepreneurs. Our services are designed to make enterprise-class hosting services available to small, medium-sized and enterprise-sized businesses at affordable monthly rates.

About INTERNET TELEPHONY magazine

INTERNET TELEPHONY magazine has been the IP Communications Authority since 1998™. Beginning with the first issue in February of 1998, INTERNET TELEPHONY has been providing unbiased views of the complicated converged communications space. INTERNET TELEPHONY offers rich content from solutions-focused editorial content to reviews on products and services from TMC Labs. INTERNET TELEPHONY magazine reaches more than 225,000 readers, including pass-along readers. For more information, please visit www.itmag.com.

About TMC

TMC is a global, integrated media company that supports clients' goals by building communities in print, online, and face to face. TMC publishes multiple magazines including Cloud Computing, M2M Evolution, Customer, and Internet Telephony. TMCnet is the leading source of news and articles for the communications and technology industries, and is read by as many as 1.5 million unique visitors monthly. TMC produces a variety of trade events, including ITEXPO, the world's leading business technology event, as well as industry events: Asterisk World; AstriCon; ChannelVision (CVx) Expo; Cloud4SMB Expo; Customer Experience (CX) Hot Trends Symposium; DevCon5 - HTML5 & Mobile App Developer Conference; LatinComm Conference and Expo; M2M Evolution Conference & Expo; Mobile Payment Conference; Software Telco Congress, StartupCamp; Super Wi-Fi & Shared Spectrum Summit; SIP Trunking-Unified Communications Seminars; Wearable Tech Conference & Expo; WebRTC Conference & Expo III; and more. Visit TMC Events for additional information.

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) products and services proves being second to none in what is provided to customers; (ii) believing that the telephone offering it makes is a tremendous value which can save customers substantial amounts of money from their current offer without compromising, and often improving their current quality of service and (iii) having this award confirm that it is on the right track, and fully confirms the commitment to its products and services.

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, 2013 and 10Q for the period ended March 31, 2014 and June 30, 2014. 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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