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XPI SUPPORTS CONTINUED GROWTH WITH CFO APPOINTMENT

Peter Kaju Takes Financial Helm as Company Expands to Meet Increased Demand for Disclosure-Related Information


Toronto, ON – 2008-07-10 – XPI, a leading provider of online solutions for corporate disclosure information, today announced the appointment of Peter Kaju to the position of Chief Financial Officer, effective immediately. Kaju will create the financial infrastructure, reporting, and controls required to support the rapidly growing company.

"Peter brings in-depth financial and management experience to XPI that will be invaluable to us as we continue to experience significant momentum in each of our key markets," said Stephane Jasmin, president and CEO of XPI. "As a seasoned executive with a track record for success, he will take on a strategic role in the continued growth and the overall success of our company."

Kaju comes to XPI with over 20 years of experience in senior financial roles in both private and public-company settings. Most recently he was the CFO of Embanet ULC, a leading eLearning company that provides fully online degree programs to some of the top educational institutions in North America. He has also held a number of senior financial roles with companies such as Warner Lambert Pfizer, Roche, Bell Information Systems, C5 Group Inc., Webcom and KPMG. From 1999 to 2002, Peter served as CFO for Nucontex Corporation, where he played an instrumental role in taking the company public on the TSX Venture Exchange.

Kaju holds a Bachelor of Commerce degree from the University of Toronto. He is also a Certified General Accountant (CGA), and a Certified Internal Auditor (CIA).

"Evolving global disclosure requirements represent significant opportunities for XPI to build on its strong foundation and scale to meet the growing demand for our technology," said Kaju. "I look forward to working with the team to ensure that XPI is well positioned for this growth."

About XPI

XPI is an innovative, Canadian technology company committed to building a global disclosure network that facilitates the process for timely, secure, and compliant creation, dissemination and analysis of disclosure documents. The company's flagship product, DisclosureNet, enables users to perform targeted searches and receive alerts on specific corporate disclosure documents filed with SEDAR, SEDI and EDGAR. DisclosureNet has wide-spread adoption in the Canadian accounting, corporate, investment, legal, and regulatory markets. For more information, please visit www.xpi.com.

Media Contact:
Marisa Marzano
416-916-8798 x151
m.marzano@xpi.com

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