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Xero Limited (NZE/ASX:XRO) Reaches Over 147,000 Customers in Australia
[August 21, 2014]

Xero Limited (NZE/ASX:XRO) Reaches Over 147,000 Customers in Australia


(ABN Newswire Via Acquire Media NewsEdge) Melbourne, Australia, Aug 22, 2014 - (ABN Newswire) - Leading online accounting software company Xero Limited (ASX:XRO) (NZE:XRO) announces that it has almost doubled customer numbers in Australia in the last 12 months, with over 147,000 paying customers in Australia.



Recognition of this milestone and strategic partnerships will be an important feature of Australian MD Chris Ridd's keynote at Xero's annual partner conference Xerocon in Sydney today. Xerocon is expected to be the largest accounting technology conference in Australia this year, with 1,300 paying attendees and 82 exhibitors attending.

Xero will also announce that from September this year, Telstra, one of its strategic partners, will be giving its business mobile customers the opportunity to experience the benefits of cloud computing first hand, by offering eligible customers a six month free trial of Xero.


In addition to this continued collaboration with Telstra, Xero will announce a new strategic partnership with CGU, part of the IAG group which is Australia's largest general insurer. CGU is working with Xero to simplify the task of calculating insurance premiums for Workers' Compensation.

After being heralded by Forbes magazine earlier this year as the 'World's most innovative growth company', the development team in Australia has grown to over 50, and is helping to increase the velocity of feature development for Xero globally.

About Xero Limited: Xero Limited (ASX:XRO) (NZE:XRO) (OTCMKTS:XROLF) is a global company with offices in the United States, United Kingdom, Australia and New Zealand. Xero is the emerging leader in online accounting software, providing business owners with real-time visibility of their financial position in a way that's simple, smart and secure.

For advisors such as accountants and bookkeepers, Xero forges a trusted relationship with clients through online collaboration and gives them the opportunity to extend their services. Xero is a new type of multinational with teams around the world united in our passion to revolutionise small business.

Contact: Rod Drury Xero CEO [email protected] T: +64-27-6000-007 Jo Miller Global Communications Manager [email protected] T: +64-21-221-5171 Copyright (C) 2014 ABN Newswire. All rights reserved.

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