XETA Technologies Shareholders Approve Acquisition by PAETEC

XETA Technologies XETA announced that its shareholders have approved the merger agreement entered into on February 8, 2011 between PAETEC Holding Corp. (PAETEC), Hera Corporation and XETA Technologies, pursuant to which PAETEC, through one of its subsidiaries, will acquire all of the outstanding common shares of XETA Technologies at a price of $5.50 cash per share. More than seventy percent (70%) of the outstanding shares of XETA Technologies were represented at the special meeting of shareholders held earlier today, with approximately 99% of those shares voting in favor of the merger agreement.