Friday, June 12, 2009
Cbeyond Announces Results from Annual Meeting
ATLANTA, Jun 12, 2009 (BUSINESS WIRE) -- Cbeyond, Inc. (NASDAQ: CBEY), a leading IP-based managed services
provider to small businesses, today announced the results of management
proposals at its 2009 annual meeting of stockholders.
At the meeting, Cbeyond's stockholders:
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elected all three of the Class I nominees for director with a term to
expire in 2012: D. Scott Luttrell, James N. Perry Jr. and Martin Mucci;
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ratified the selection of Ernst & Young LLP as Cbeyond's independent
registered public accounting firm for the fiscal year ending December
31, 2009;
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approved Cbeyond's 2005 Equity Incentive Award Plan, as amended and
restated to add additional performance goals, for Section 162(m)
purposes; and
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approved Cbeyond's Senior Executive Bonus Plan for Section 162(m)
purposes.
A majority of the votes were cast in favor of each of the Class I
nominees for director and the ratification of Ernst & Young LLP as the
company's independent registered public accounting firm as well as the
proposals regarding the Equity Incentive Award Plan and the Senior
Executive Bonus Plan.
About Cbeyond
Cbeyond, Inc. (NASDAQ: CBEY) is a leading IP-based managed services
provider that delivers integrated packages of communications and IT
services to more than 44,000 small businesses throughout the United
States. Cbeyond offers more than 30 productivity-enhancing applications
including local and long-distance voice, broadband Internet, mobile,
BlackBerry(R), broadband laptop access, voicemail, email, web hosting,
fax-to-email, data backup, file-sharing and virtual private networking.
Cbeyond manages these services over a private, 100-percent Voice over
Internet Protocol (VoIP) facilities-based network. For more information
on Cbeyond, visit www.cbeyond.net.
CBEY-F CBEY-G
SOURCE: Cbeyond, Inc.
Cbeyond, Inc.
Investor Contact:
Kurt Abkemeier
Vice President, Finance and Treasurer
678-370-2887
Copyright Business Wire 2009
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