Everbridge Announces Plan for CEO Succession in 2019

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BURLINGTON, Mass.–(BUSINESS WIRE)–Everbridge,
Inc. (NASDAQ: EVBG), the global leader in critical event management and
enterprise safety software applications to help keep people safe and
businesses running, today announced that long-time Chairman and CEO
Jaime Ellertson will transition from CEO to Executive Chairman in mid to
late 2019.

“I’m extremely proud of what Everbridge has accomplished since I joined
the company as CEO in 2011. During that time, we have scaled the
business from a smaller privately-held company to a successful public
company with projected revenues of over $135 million in 2018. At the
same time, we have dramatically expanded the company’s application
platform from a single product to our Critical Event Management suite,
and have put in place an experienced senior management team capable of
scaling the company to the next level. With this strong foundation in
place and the positive momentum we have established for the business, I
believe now is the right time to start the process of identifying the
next CEO to lead us forward. To ensure leadership continuity, we are
establishing a timetable of 12 to 18 months to conduct an orderly
transition and to maintain uninterrupted operating execution by our
team,” said Jaime Ellertson, Chief Executive Officer and Chairman of
Everbridge.

“Upon my transition from the CEO role to Executive Chairman, I expect to
remain very active in the business, focusing my efforts on corporate
strategy, strategic customer and partner relationships, and corporate
development,” Ellertson continued. “Until then, business will continue
as usual for me and the rest of the management team as we focus on
further extending our leadership position in the multibillion-dollar
Critical Event Management market.”

About Everbridge
Everbridge,
Inc. (NASDAQ: EVBG) is a global software company that provides
enterprise software applications that automate and accelerate
organizations’ operational response to critical events in order to keep
people safe and businesses running. During public safety threats such as
active shooter situations, terrorist attacks or severe weather
conditions, as well as critical business events including IT outages,
cyber-attacks or other incidents such as product recalls or supply-chain
interruptions, over 3,800 global customers rely on the company’s
Critical Event Management Platform to quickly and reliably aggregate and
assess threat data, locate people at risk and responders able to assist,
automate the execution of pre-defined communications processes through
the secure delivery to over 100 different communication devices, and
track progress on executing response plans. The company’s platform sent
over 2 billion messages in 2017 and offers the ability to reach over 500
million people in more than 200 countries and territories, including the
entire mobile populations on a country-wide scale in Sweden, the
Netherlands, the Bahamas, Singapore, Greece, Cambodia, and a number of
the largest states in India. The company’s critical communications and
enterprise safety applications include Mass Notification, Incident
Management, Safety Connection™, IT Alerting, Visual Command Center®,
Crisis Commander®, Community Engagement™ and Secure Messaging.
Everbridge serves 9 of the 10 largest U.S. cities, 8 of the 10 largest
U.S.-based investment banks, all 25 of the 25 busiest North American
airports, six of the 10 largest global consulting firms, six of the 10
largest global auto makers, all four of the largest global accounting
firms, four of the 10 largest U.S.-based health care providers and four
of the 10 largest U.S.-based health insurers. Everbridge is based in
Boston and Los Angeles with additional offices in Lansing, San
Francisco, Beijing, Kolkata, London, Oslo and Stockholm. For more
information, visit www.everbridge.com,
read the company blog,
and follow on Twitter
and Facebook.

Contacts

Investor Contact:
ICR
Garo Toomajanian, 818-230-9712
IR@everbridge.com
or
Media
Contact:

Everbridge
Jeff Young, 781-859-4116
jeff.young@everbridge.com

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