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Broadvox and Cypress Communications Complete Merger

Cypress Communications and Broadvox announced Monday, January 17, 2011, the completion of their merger. The merged company will be identified as Broadvox, while retaining Cypress as a distinguished brand of the Broadvox service offerings.

This merger reflects the strategy of both companies to provide customers with high-quality, innovative and cost-effective communication services with unsurpassed customer service. The combined company will boast one of the largest VoIP networks and will continue to provide 24x7 support and service for the more than 10,000 business customers and hundreds of thousands of users each and every day.

While both companies deliver a hosted VoIP and hosted unified communications solution, neither customer base is expected to be affected by the merger. Customers using Cypress’ C4 IP product and those using Broadvox’s GO!VBX will see no changes in their current feature sets, phones, or technology platforms.

Andre Temnorod, co-founder of Broadvox, will remain Chairman and Chief Executive Officer; Eugene Blumin, co-founder of Broadvox, will remain Chief Operating Officer. Joining the Broadvox management team are Scott Drake, Chief Financial Officer, and Frank Grillo, Executive Vice President of Product Marketing and Implementation Services. The company will maintain its headquarters in Dallas with operations in Atlanta and Cleveland, and will have approximately 250 employees and revenues in excess of $100 million.

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