Monday, May 11, 2009

Cbeyond to Drive Economic Growth in Atlanta with Headquarter Expansion

Georgia Governor Sonny Perdue announced today that communications and IT provider Cbeyond (NASDAQ: CBEY), will double the size of its operations in Georgia. Cbeyond plans to create over 600 new jobs and is planning to build out a new call center and training facility, fueling economic development in Cobb County and throughout metro Atlanta.

"As a state, we have worked hard to attract quality, high-tech companies like Cbeyond and it is especially gratifying to watch them grow and succeed," said Governor Perdue. "Georgia has the workforce and business-friendly environment to help companies like Cbeyond reach new heights in business growth."

Cbeyond plans to expand its Georgia employment from approximately 700 to more than 1,400 by 2013. Job opportunities will range from sales, customer care, Information Technology (IT), operations and marketing - virtually all areas of the organization, as the company expands and builds its business over the next three to four years. Applicants interested in applying for a position should visit http://www.cbeyond.net/careers for more information.

"We have built Cbeyond from the ground up in Georgia and we are pleased to continue expanding our operations here," said Jim Geiger, Chief Executive Officer of Cbeyond. "Considering the difficult times facing the U.S. economy, having the opportunity to bring much needed economic development to Atlanta is gratifying, and is a testament to our business model. Georgia's talent pool is robust and those future employees will allow us to grow to the next level."

Cbeyond was born in Atlanta in 2000 with only 15 employees. Today, Cbeyond has more than 700 employees in Atlanta and more than 1,600 across the country. The company continues to grow rapidly (and without debt of any kind) in every area of its business, and was recently named by Forbes magazine as the sixth-fastest growing technology company in the country. Cbeyond was built by its founders from the ground up to serve the unique technology and communications needs of small businesses in major metropolitan areas across the country. From its modest beginnings, Cbeyond now provides service to more than 44,000 such businesses across 12 markets.

"Cbeyond is the exact type of business we are seeking to grow in Cobb County," said Cobb Commissioner Chair Sam Olens. "They have a great vision, a proven record in the technology industry and will provide excellent employment opportunities for our community. It has been great working alongside the state of Georgia to help bring these new technology jobs to Cobb County."

"Atlanta is considered to be a hub of innovation in America," said Hans Gant, Senior Vice President of Economic Development for the Metro Atlanta Chamber. "Cbeyond's expansion solidifies metro Atlanta's growing reputation in communications and information technology, and will help build and support metro Atlanta's small businesses and entrepreneurs."

The expansion will take place at Cbeyond's Interstate North Parkway location off Windy Hill Road and highway 75. Andrew Neumann, project manager for the Georgia Department of Economic Development assisted the company in its expansion.

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