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Cbeyond Inc. (CBEY) Ranked Seventh in Georgia Public Company Rankings; Announces Growth Plans

Cbeyond Inc. (Nasdaq: CBEY) provides IP-based managed services through integrated packages of communications and IT services. The company’s customer base includes more than 36,000 small businesses throughout the United States. Cbeyond today announced it was ranked seventh on the Atlanta Journal-Constitution’s list of top 100 public companies in Georgia. The company jumped nine spots from its 16th-place ranking in 2007.

The ranking, conducted by PricewaterhouseCoopers LLP, was based on five components: annual revenue, year-over-year revenue change, a change in profit margin in fiscal 2007, return on equity and total return on investment for calendar 2007.

“Cbeyond experienced great success in 2007 due to our consistent, predictable business model,” Jim Geiger, chairman and CEO of Cbeyond stated in the press release. “The continued growth and profitability of the company highlights the need small businesses have for big business communication tools that are affordable, reliable, and easy-to-use.”

The company’s growth strategy revolves around its expanding portfolio of more than 30 productivity-enhancing applications such as local and long-distance voice, broadband Internet, mobile, BlackBerry, broadband laptop access, voicemail, e-mail, Web hosting, fax-to-e-mail, data backup, file-sharing and virtual private networking. Cbeyond increased its national presence in 2007 by opening offices in San Diego, Detroit and San Francisco. Growth plans for 2008 include new offices in Miami, Minneapolis and a third, yet-to-be-announced market.

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