XPI Supports Growth With New Management Appointment

    Scott Farnham Leads Business Development Team As Company Momentum
    Continues to Grow

    TORONTO, Aug. 25 /CNW/ - XPI, a leading provider of online solutions for
corporate disclosure information, today announced that Scott Farnham has
joined the team as director of business development. Farnham is responsible
for overseeing and managing a sales team that will focus on the accounting,
legal, and investment markets.
    "Scott's addition to the team represents a new phase in the evolution of
our company," said Stephane Jasmin, president and CEO of XPI. "His wealth of
experience and proven track record for success within our core markets will be
invaluable as we continue to expand our business."
    Farnham joins XPI with over 20 years of senior sales experience in
organizations ranging in size from startups to global operations. Most
recently, he was the Ontario regional manager of information management
services for TAB Products of Canada, a global leader in records management
solutions. In this position, he recruited, trained, and managed a provincial
team of sales representatives, and was instrumental in increasing revenues on
a year-over-year basis. Prior to this, Farnham served as president and
national sales manager for Commercial Credit Information, a reseller of
credit, marketing and data solutions; and was the president and regional sales
manager of Spacefile Limited, which provides records management solutions to
accounting and legal firms, hospitals, government entities, and public
    "We are experiencing unprecedented demand for DisclosureNet in each of
our core markets, as more and more organizations realize the value of our
solution," said Farnham. "I'm very excited to join XPI at such an exciting
stage of the company's growth, and I look forward to contributing to the
success and continued momentum of the company."

    About XPI

    XPI Inc. 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.

For further information:

For further information: Media Contact: Marisa Marzano, (416) 916-8798
ext. 151, m.marzano@xpi.com

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