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Web Host, VoIP Firm, Cbeyond, Reports Financials, Officer Share Sale
Atlanta, Georgia - (The Hosting News) - August 24, 2007 - Web hosting and managed integrated VoIP services provider for small businesses, Cbeyond,
released its financial results for the second quarter ending June 30, 2006, in a webcast led by Cbeyond Chairman and CEO Jim Geiger and Chief Financial Officer Bob Fugate.
The live broadcast of Cbeyond's quarterly conference call is available on-line at www.cbeyond.net. The on-line replay will continue to be available for one year.
In addition, Mr. Geiger sold 190,000 shares of stock in the Company. The sale represented approximately 15 percent of Mr. Geiger's total shares and options outstanding, and is part of an orderly diversification of assets for financial planning purposes.
The sale was conducted in accordance with Rule 144 and in compliance with the Company's trading policy and pre-clearance procedures. Geiger does not intend to sell additional shares in 2007, but may make similar dispositions of his shares in future years.
Cbeyond is an Atlanta-based managed services provider that delivers integrated packages of voice, mobile and broadband services to small businesses in Atlanta, Chicago, Dallas, Denver, Houston and Los Angeles. Cbeyond offers core communications services like local and long-distance voice, mobile and broadband Internet access along with enhanced applications, including voicemail, email, web hosting, fax-to-email, data backup, file-sharing and VPN. Cbeyond manages its services over a private, 100-percent Voice over Internet Protocol (VoIP) facilities-based network.
For more information about Cbeyond, please visit: www.cbeyond.net.
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