On July 1, 2013, David Krietzberg, Chief Administrative Officer (CAO) informed Crexendo, Inc. that he is resigning as CAO effective July 15, 2013. Mr. Krietzberg has agreed to remain with the Company as an employee until December 31, 2013 to assist in completing projects he has been working on and to transition his roles to others. Mr. Krietzberg is intending to return to his consulting practice.

The Company does not have a present intention to replace the position of CAO.