updated 6/8/2011 7:16:55 AM ET 2011-06-08T11:16:55

DALLAS, June 8, 2011 (GLOBE NEWSWIRE) -- MicroStockProfit.com announces an investment report featuring 8x8 Inc. (Nasdaq:EGHT). The report includes financial, comparative and investment analyses, and industry information you need to know to make an educated investment decision.

The full report is available at: www.microstockprofit.com/lp/EGHT

8x8 Inc. (EGHT) develops and markets telecommunications services for Internet protocol (IP), telephony and video applications, as well as Web-based conferencing and unified communications services. In May 2010, the Company acquired Central Host Inc., a provider of managed hosting and cloud-based computing solutions and began offering 8x8 Managed Hosting and Cloud-based computing solutions to business customers.

This newsletter has been helping traders make great investment decisions on EGHT; click here for a 25% discount offer.

In the report, the analyst notes:

"EGHT climbed to $3.80 on Tuesday, a fresh 52-week high, before settling at $3.77, up $0.62, or 19.68%, as markets closed. About 3.64 million shares have traded hands during the session, versus the 10-day average volume of 1 million shares. The stock is currently trading above its 50-day and 200-day moving averages of $3.09 and $2.76, respectively."

"During the fourth quarter of fiscal 2011, EGHT reported a 24.4% year-over-year increase in revenue from business customers and the addition of a record number of new business customers through its inside sales force. It added 3,009 gross new business customers in the fiscal fourth quarter of 2011 and ended the period with 24,385 business customers in service."

To read the entire report visit: www.microstockprofit.com/lp/EGHT

See what investors are saying about EGHT at http://www.stockhideout.com

Get breaking news on EGHT at http://thestockmarketwatch.com/

MicroStockProfit.com is a small-cap research and investment commentary provider. MicroStockProfit.com strives to provide a balanced view of many promising small-cap companies that would otherwise fall under the radar of the typical Wall Street investor. We provide investors with an excellent first step in their research and due diligence by providing daily trading ideas, and consolidating the public information available on them. For more information on MicroStockProfit please visit: http://www.microstockprofit.com

MicroStockProfit.com Disclosure

MicroStockProfit.com is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell any securities. MicroStockProfit.com is a Web site wholly owned by BlueWave Advisors, LLC. Neither MicroStockProfit.com nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. Please read our report and visit our Web site, MicroStockProfit.com, for complete risks and disclosures.

CONTACT: Brian Johnson

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