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8x8, Inc. Files 2007 Annual Financial Statements and Is Current with SEC Filings

Jun 29, 2007
SANTA CLARA, Calif., June 29 /PRNewswire-FirstCall/ -- 8x8, Inc. (Nasdaq: EGHT), provider of Packet8 (http://www.packet8.net) residential, business and video Voice over Internet Protocol (VoIP) phone services, announced today that it has filed with the Securities and Exchange Commission (the "Commission") its Annual Report on Form 10-K (the "Form 10-K") for the year ended March 31, 2007 and its amended Quarterly Reports on Form 10-Q/A for the quarters ended June 30, 2006, September 30, 2006 and December 31, 2006.

Per its June 15, 2007 press release announcing a decision to restate previously filed financial statements due to a change in the accounting treatment of investor warrants, 8x8 has now completed the restatement of its previously issued Consolidated Financial Statements for the years ended March 31, 2005 and 2006, and its unaudited quarterly financial information for each of the three quarters ended June 30, 2006, September 30, 2006 and December 31, 2006. With the filing of the Form 10-K, 8x8 is now current in its filings with the Commission.

About 8x8, Inc.
VoIP (voice over internet protocol) service provider 8x8, Inc. offers internet-based telephony solutions (http://www.packet8.net) for individual residential and business users as well as small to medium sized business organizations. In addition to regular Packet8 VoIP service plans priced as low as $24.99 per month for unlimited anytime calling to the U.S. and Canada, 8x8 offers the Packet8 Tango Video Terminal Adapter and DV 326 VideoPhone along with accompanying monthly service plans also priced at $24.99 per month. Packet8 Virtual Office, 8x8's VoIP phone system for small to medium sized businesses, is a hosted PBX solution comprised of powerful business class features. Companies subscribing to Virtual Office pay just $49.99 per month per extension for enterprise class PBX functionality along with unlimited local and long distance calling in the U.S. and Canada. Packet8 Softalk, 8x8's PC-based soft phone client, offers high quality voice and video in-network calling as well as outbound calling to the PSTN. For additional company information, visit 8x8's web site at http://www.8x8.com.

NOTE: 8x8, the 8x8 logo, Packet8, the Packet8 logo, Packet8 Virtual Office, Packet8 Softalk and Packet8 Tango are trademarks of 8x8, Inc. All other trademarks are the property of their respective owners.

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