Technology’s role in keeping society connected is being kept front-and-center these days, with more and more of us being urged to stay home until this virus crisis passes.
One beneficiary of the increased focus on techs is Phoenix-based Crexendo, Inc. (OTC: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.
CXDO announced Monday that it is taking the Federal Communication Commission's "Keep Americans Connected Pledge" by agreeing not to stop any Crexendo customer's business or residential phone service for non-payment for the next 60 days.
CEO Steve Mihaylo commented, "The Keep Americans Connected Pledge is important in keeping the business of America Operating. We all have a part to do in making sure that business can operate during this unprecedented time. Crexendo understands it's not just a phone, it's your business”.
Volume was a hush-hush 3,100 shares, but prices for CXDO reached for the roof late Monday afternoon, growing $1.06, or 30.4%, to $4.55.
Elsewhere on the tech front, but across the border, Toronto-based iSIGN Media Solutions Inc. (TSX-Venture:ISD) is reaching out to customers and potential customers, The company, which provides interactive mobile proximity marketing and public security alert solutions, announced the offer of free use of its Safety Alert Messaging solution to all levels of medical, health and emergency responders across Canada for the next six months.
SAM is a technology based mobile messaging system that enables the controlled broadcast of critical information to registered recipients. Registered recipients can be as broad as the general public, or as narrow as salaried and contract employees and can be assigned into various sub-groups, allowing for messages to be directed only to specific groups or to everyone, depending on needs.
iSIGN shares acquired a penny, or 33.3%, to four cents, on volume of 190,000.