XRO
13/08/2015 12:05
GENERAL
NOT PRICE SENSITIVE
REL: 1205 HRS Xero Limited
GENERAL: XRO: Xero announces 400,000 subscribers across Australia and NZ
XERO LIMITED (XRO)
MARKET RELEASE
13 August 2015
XERO ANNOUNCES 400,000 SUBSCRIBERS ACROSS AUSTRALIA AND NEW ZEALAND
Xero Limited (NZX/ASX: XRO) today announces achieving more than 400,000
paying subscribers across Australia and New Zealand on its small business
cloud accounting software.
Within the next week, Xero expects to reach the significant milestone of
250,000 subscribers in Australia, and recently announced 150,000 subscribers
in New Zealand. This latest announcement demonstrates the continued momentum
Xero has in these markets, as small businesses choose Xero as their preferred
cloud accounting platform over competitor products.
Xero also recently announced it has over 540,000 subscribers globally.
Comments on the news:
? "Small businesses, accounting practices and bookkeepers continue to
see the benefits of working in the cloud, allowing them the freedom to
effortlessly connect to their business anytime, anywhere," said Chris Ridd,
Managing Director Xero Australia. "Xero continues to support businesses to
thrive through a focus on innovation and a beautiful, easy to use cloud
accounting experience."
-ENDS-
For more information contact:
Chris Ridd
Australia Managing Director
+61 414 987 026
[email protected] Marina Holmes
PR Director
+61 416 663 396
[email protected]
About Xero
Xero is beautiful, easy-to-use online accounting software for small
businesses and their advisors. The company has 540,000 subscribers in more
than 180 countries. Xero seamlessly integrates with over 400 third-party
tools, and was ranked No. 1 by Forbes as the World's Most Innovative Growth
Company in 2014 and 2015.
End CA:00268375 For:XRO Type:GENERAL Time:2015-08-13 12:05:14
