Share
- Release Date: 20/02/14 10:57
- Summary: GENERAL: XRO: Xero reaches over 250,000 customers worldwide
- Price Sensitive: No
- Download Document 1.91KB
XRO
20/02/2014 08:57
GENERAL
REL: 0857 HRS Xero Limited
GENERAL: XRO: Xero reaches over 250,000 customers worldwide
XERO LIMITED (XRO)
MARKET RELEASE
Xero reaches over 250,000 customers worldwide
20 February 2014
Accounting software company Xero Limited (XRO) announces that it now has over
a quarter of a million customers worldwide.
Recognition of this milestone will be a feature of Founder and CEO Rod
Drury's keynote at New Zealand Xerocon 2014 today. Held this week in
Auckland, Xerocon will have over 850 accountants attending and 44 exhibitors
participating. It is the largest accounting conference in New Zealand.
The 250,000 milestone was passed at the end of January 2014 and compares to
135,000 at the same time 12 months ago.
Drury says he is pleased with the company's progress. "It took five years to
get our first 50,000 customers, but in the last 12 months we've added 115,000
more. Now with a quarter of a million customers globally, and with the
Australian market fast approaching 100,000 customers, we are gaining real
momentum. The results we have achieved over the last year are testament to
the innovation of the product development team which is working hard to build
the features enabling us to target all small businesses in our core markets,
as well as the wider teams in US, Australia, the UK and here in New Zealand.
Building a financial platform is a huge investment and I'm very proud of the
results our team has delivered."
ENDS
For more information contact:
Rod Drury
Chief Executive
[email protected]
+64 27 600 0007
Emma Izatt
PR Manager
[email protected]
+64 21 084 24623
About Xero
Xero provides beautiful, easy to use online accounting software for small
businesses and their advisors. The company now has over 250,000 customers in
more than 100 countries around the world and is listed on the NZX and ASX.
See http://www.xero.com
End CA:00247239 For:XRO Type:GENERAL Time:2014-02-20 08:57:12
