|[December 24, 2013]
8x8 to Present at Citi 2014 Global Internet, Media and Telecommunications Conference on January 8
SAN JOSE, Calif. --(Business Wire)--
8x8, Inc. (NASDAQ: EGHT), a provider of
cloud communications and collaboration solutions, today announced that
Chief Financial Officer Dan Weirich (News - Alert) will present at the Citi 2014 Global
Internet, Media and Telecommunications Conference at 11:15 am PT on
January 8, 2014. The three-day conference is being held at the Bellagio
Hotel in Las Vegas, Nevada.
A copy of 8x8's (News - Alert) presentation will be available under the "Events and
Presentations" tab on the company website at http://investors.8x8.com.
For automatic e-mail alerts regarding 8x8 news, events, and new investor
materials on the website, investors can subscribe at http://investors.8x8.com/alerts.cfm.
8x8 also reported, in accordance with NASDAQ Listing Rule 5635(c)(4),
that employment inducement awards were granted to 44 new employees in
conection with their recent hiring. The employees were granted
restrictive stock units for 162,308 shares of common stock, 25% of which
shall vest on each of the first four anniversaries of the vesting
commencement dates, subject to continued employment and other
conditions. In addition, two new employees were granted stock options to
purchase an aggregate of 100,000 shares of the Company's Common Stock,
with an exercise price of $9.35, which was the closing price of the
Company's Common Stock on December 17, 2013. The options have a ten year
term and vest over a period of four years, with 25% vesting after one
year of the grant date and the remaining 75% vesting in approximately
equal monthly increments over the succeeding thirty-six months, subject
to their continued employment.
About 8x8, Inc.
8x8, Inc. (NASDAQ:EGHT) is a provider of unified communications and
collaboration, or UCC, services in the cloud to small and medium
businesses, or SMBs, and mid-market and distributed enterprises. The
company delivers a broad suite of UCC services to in-office and mobile
devices spanning cloud business
phone service, virtual meeting, contact
center software and virtual desktop through our proprietary unified
software as a service, or SaaS (News - Alert), platform. For additional information,
visit www.8x8.com, or connect
with 8x8 on Google+, Facebook,
LinkedIn and Twitter.
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