Company

XPI Inc. is a leading provider of disclosure solutions for corporate executives, accounting, legal and investment professionals, through the DisclosureNet product. We focus on improving the processes of creating, disseminating, and analyzing disclosure information in a timely and secure fashion. The XPI solution, DisclosureNet, reduces the cost, complexity, and risk of non compliance for publicly traded companies, mutual funds and the professional firms that service them.

XPI's product, DisclosureNet, is an easy-to-use online solution for rapidly mining and monitoring the contents of public company and mutual fund disclosure information filed in the US, Canada, Australia and the UK. More than 15,000 lawyers, accountants, investors, and corporate executives at over 450 firms - as well as a growing number of regulators - rely on DisclosureNet for their disclosure information. DisclosureNet saves clients time and money by allowing them to quickly retrieve targeted information that is relevant to their particular field or application.

The current trends driving the need for DisclosureNet on a global basis include:

• Continually increasing regulatory requirements for disclosure
• Globalization of investment, resulting in increased need for global disclosure data
• Adoption of International Financial Reporting Standards (IFRS), simplifying the process of financial analysis on a global basis.

As the global demand for timely and accurate disclosure information continues to grow, DisclosureNet is positioned to become the global standard for disclosure solutions.

Milestones

• 2002 - XPI founded as a software consulting firm by President & CEO Stephane Jasmin & CFO Peter Kaju.
• 2003 - DisclosureNet 2.0 is released, with full access to SEDAR filings.
• 2004 - DisclosureNet 3.0 is released, with Mutual Fund and Company sections.
• 2007 - Launch of DisclosureNet 4.0, with full access to EDGAR filings in the US.
• 2008 - DisclosureNet reaches 10,000 professional users.
• 2009 - DisclosureNet reaches 15,000 professional users.
  Launch of DisclosureNet 5 and DisclosureNet IFRS.
• 2010 - Funding with BEST Funds secured.
  Launch of DisclosureNet Mining Edition.
• 2011 - DisclosureNet launches Australian data.