Cbeyond Communications Files for Initial Public Offering

Business Wire, May 17, 2005

ATLANTA -- Cbeyond Communications, Inc. announced today that it has filed a registration statement with the Securities and Exchange Commission for a proposed initial public offering of its common stock.

JPMorgan and Deutsche Bank Securities will act as joint book-running managers for the proposed offering.

A copy of the prospectus relating to these securities may be obtained, when available, from J.P. Morgan Securities Inc., Prospectus Department, One Chase Manhattan Plaza, Floor 5B, New York, New York 10081 (telephone 212-552-5164) or Deutsche Bank Securities Inc., Prospectus Department, 60 Wall Street, 4th Floor, New York, New York 10005 (telephone 212-250-2500).

A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.

About Cbeyond Communications

Cbeyond Communications, a privately held, Atlanta-based Managed Services Provider is a leader in the emerging local voice and broadband services market and manages a 100% Voice over Internet Protocol (VoIP), facilities-based, private, local phone network. Using Voice over Internet Protocol (VoIP) and a Cisco-powered network, Cbeyond delivers to small business customers in Atlanta, Chicago, Dallas-Ft. Worth, Denver and Houston an integrated package of high quality local and long distance telephony services, high-speed Internet access and Internet-based applications for about the same price that small businesses typically pay for local and long distance service alone. For more information on Cbeyond Communications, visit www.cbeyond.net.