Investor Excoriates Everbridge, Calls For Sell-Off

**** * ****** ** ******** ******** SaaS *******, ********** ** **** **% in *** **** ****. ***, ** investor ********* * ****** *********** ********** and ******* *** *** ******* *** to **** * *** *** ** sell *** **********.

*** ****** ****** ******* **** **********'* then-*** ******** *********, ******* *** ***** to **** **%, **** **** ********** **** **********, and ************** ***** **** **% **** **** month**** ***** **** ****** ********** **** announced.

Investor ******

******, * *********, **** ***** ******** with * ******** ~$** ******* ****** under **********, **** ~*% ********* ***** in ********** (~$** ******* *****)********* ** **** ****** ** ********, March ****:

********* *** ******, *** ***** *** up ~**% ** $** *** *****. However, *** ***** ** ***** **** some **% **** *** **** ** $160+ **** ****.

Executive ********

*** ******* ********* ** *** ****** surrounds "*********** ********** *** * ******** amount ** ******** ***** ****** **********", with *** ****** ******** ****:

*** **** ** ******* ********** ** the *******’* **** ******* ***, * surprisingsix ** ** ********* *** ** ****** **** *** ********** **** only a few years later. When evaluating the named executive officers identified in the Company’s 2018 proxy statement, more **** **% ** ***** ******** **** **** *** ********** ****. This does not account for the departure of the most recent Chief Executive Officer, ***** ********, ***** **** * *** ***** years ** *** *******. [******** *****]

********,**** ******* ** ********** ********** ******* ***** ****, ** ********** high ******.

** ****** *** ****** ********* ***** that*** *******’* ***** ********* *******,****** **, ******** ******** ******** **** *****. This *********** ** ********:

******** ** * **** ** ******** but *** **** ** **** ******** is ***.

******** ***** **-********** *****

******* ******* ********* ** **** ******* Everbridge ******** ********* *** * ** firm ** ***** ** ***** ****** Everbridge **********:

************ ******* **Chairman . After successfully dumping more than 95% of his initial stake in the Company at the time of the Company’s IPO, **. ************ ************ *********** * ******* ******* firm ****** ****** *******. ******* *** duty ** ************ ** ******** ** Everbridge,**. **************** ** ****siphoned **** *** ****** ** **********, such as former Chief Technology Officer **** ********** ****** *** ** *************** *****, **** ** **** *** **** for ****** *******

********* ******* **** ************ ****, ***** **** ********** ** references ** ********** ******* ** **********:

*********** ********

*** ****** **** ********** ********** *** not ******** *********** ***** **** ***********:

** *** ******* ** *** ********** is **** *** *********** *** **** to ********* ******** ***** ** **** years, **** * ****-*********** ********** **** and ***** ***** ********** *** ********** to ********* ** **** ** **** as ********.

** *** **** ****** ********'* ****, Everbridge ******** ** **** ********, ******:

** *** * ****** ** ************ obviously, ********** *** **** *** **** really ***** ** *** ********** ** both *** **** ****** *** *** product ********, **** ********** *** ******** to *** ********* *** ** *** sellers. *** ** * ****** ** that, ********* ** *** * **** sales ******* ** **

*** ****:

****** *** *, *** *** ***** havetaken * **** **** at what we are doing well and what needs improvement and the actions that we're taking ** ********* ****** ************, simplify the CEM solution, optimize our approach to public warning, these are all going to drive more moderate near-term growth but also higher profitability [emphasis added]

************, ****** ********** ********** *** ********* Anvil **** ****:

********** ******* ** **** ****** *********** targets ** ********** **********. ** ****, the ******* ***** **** ** *&* in * **-***** ****** **** ** its ****** ******* ** * ****** company ** ****. ***********, *** *********** of ***** *** * ***** **** that ******* ** ** *** ******** experts ** ** ********* ***-***-****: * primarily ********-***** ******** **** *****’* **** to *** **** **********’* ****-******** ***** on ********* ******* ********.

Cites ********* *******

*** ****** **** ***** ******* ******** comments ** *** *******:

* ****** ** ******** ** ********* and ************* **** ****** ********* ****** a ******* ** *************** ** * sales ************ ** *******, ***** **** account ********** *** ******* ******* ** a ******* ** *** *****.

********** *** ******** ******** ******** ********* reviews********* ** *** **** ***** ** sales ************ ********, *.*.:

- *** ****** *** *** *** of *** **** **** ******** ******** of *** **** - *** ****** on *** ***** ** ********** **** stopped *** **** ***** ******** (********* 2 ****, **** ************) - **** he **** - ********** ***** **** regularly - *** ******* ******** ********** to *** ********* *******, *** ***** integrates **** - **** ****** ** acquired ********** *****

*** *** ** *** *** ****** sales ******** **** **** **** ** be * ******** ******* ** * leader *** *****. ********** *** *** potential ** ** * ***** *******, but * **** **** **** **** knowing *** ******* *** * ********** for ***** * ***** ***** ****. I ******* ** **** **** * chance *******, *** *** *** **** reputation **** **

**** ***** ******** *** *** **** left **** ******** ** *** ***** org ******* ********* *** ********* ****** 3-4 **** ** * *** ******. Lack ** ***** ****** ***** *********** b/w ******* ********** *** ******* ******** for *****/********** ***** *** ******** *******

***** *** ********** ****** ****** ** taken **** **********, *** ***** ****** of ****, *** *** ******* ******** point ** ******* ********.

********* *** **-***

***** *********** *** ******** **** **** **** a ****'* ******, *** ******* ********* ** ******* Co-CEOs, ***** *** ****** ********* ****:

** ******* ***** *** ********* (“*&*”) has ********* ***** *** ********** ****. *****. ****** **** *********** *** ******* of ***** ***********, *** ***** *** chosen ** “****** ****” ** ********** the **** **** **** ************ **********’* current ******* ** ********* ***** *** leaders **** “**-***” *****.

******* ******

*** ****** ********** *** ********** **** amount ** ******* ****** ** ********** them:

********* **** **** ******* ***** ***** that ***** ***** ******, ******* *** former ******** ** ********** **** **** nearly *,***,*** ****** ** ****** ***** for * ***** ******** **** $*** million, ***** ********** * **** **,*** total ******, ** $*.* ******* ** value.

** ** ***** **** *** ******** CEO ********, ** ******* $**+ ******* ***** ** ****** in *** ****** ******* ** ** the ******** ** ******, ********* ****** $5 *******, **** **** * ***** prior. ** ********, ******** **** ~**,*** shares ** ~$*** *** *****,*** *** **********:

*** ** ******, *** ******** *** sold ******* **,***+ ******, *** *** SEC *********** (*,*).

**** *******, *** ****** ********** *** lack ** **********'* ********* ** *** company.

*** *******’* ******** *** ********* ************ own **** **** *% ** *** Company’s ******. **** ** * ********** low ***** ** ********* **** ************ and ***** ***** *** ****** ******* ownership *********** ** *** *******’* *** proxy *****

Sell *** *******

*** ****** ********* ** ************ **** the ******* ** **** *** **** relative ** *** ******* ~$** *** share *****, ** ***** ** ****** at $** ** **** ****** ** a ********* ******** (*.*., ******* **** related ********) **** ** *** ****:

*** ******** ******** **** * ********* sponsor ***** *** $** *** ***** to ******* **********, ** *.** **/*****, which ** ********** **** ********* ********* of ****** ******* ***** ** **** as ****** ******** ************. ** ******* a ********* ******** **** *** *** potential ** ***** **** ******* *** cost ********* ***** ******* ** **** higher *****.

** *** *** ****, ***** * year *** *** ******* *** ******* at $***+ *** *****, *************, ** is ******** **** ******* ***** *** them *** $** ***** *** ******** it * **** *****.

** *** *****, ** *** **** year, *** ****** ** *** *******'* problems **** ****** *** **** ****** and ****** **** ****** ** *** various ****** **** *** ******* *****.

$* ******* ***** *** ** ** Paid?

** *** ****** ****** ** *****, this ***** ******* ***** **** ** pay ~$* ******* ** *** **********, a ******* ***** ****** ******* ** $400 ******* ***** ****** ~$** ******* annually.

***** ******* ** *** **** **** for ********* ******** ******** ********* ** acquire ********** ** **** ***** ** a ***** ***** ******** ** ***** companies' **** *** **********'* *********.

*******, ** ** ********* ******** **** software ** ***** **** ********* *** see **** ** ** ***** ***** into **** ****** *** *** ********* for ****-**** ************ ******* ** ******** security.