DisclosureNet™ has grown at an impressive rate over the last 10 years, and now we’re preparing to gain market share in the U.S."
Toronto, Ontario (PRWEB) June 26, 2012
This month marks 10 successful years in business for XPI Inc./DisclosureNet™, a cloud-based technology that provides access to searchable and relevant corporate disclosure documents through leveraging relationships with regulatory data sources. DisclosureNet™ recently held celebrations to honor the milestone. Leadership reviewed the past decade and shared plans for the future, which include expansion into the U.S. market accompanied by an accelerated sales and marketing strategy and new talent recruitment.
Looking back on the last 10 years, the leadership team highlighted some key milestones that have helped contribute to DisclosureNet’s™ long-term success:
- Gaining full access to all SEDAR filings in 2003 and all EDGAR filings in 2007
- Adapting to global standards by launching the IFRS module in 2009
- Securing investments totaling $10 million from BEST Funds in 2010 and 2011
- Acquiring its 500th customer in 2011
- Introducing Australian data in 2011
“DisclosureNet™ has grown at an impressive rate over the last 10 years,” begins President and CEO Stephane Jasmin, “and now we’re preparing to gain market share in the U.S., where we will uphold our commitment to providing a top-notch service that helps solve global business problems. We’re thrilled that this turning-point in our development coincides with our 10-year anniversary.” During this milestone year, DisclosureNet™ is moving in a direction that forecasts a high potential for ongoing success. With plans to continue efforts that have produced results in the Canadian market, the company is also introducing a new sales and marketing strategy to support future initiatives and maintain its competitive edge in the space.
“Since its inception, our company has experienced high year-over-year growth,” says CFO Peter Kaju, “and our latest round of investment from BEST Funds has equipped us with the resources for various growth initiatives that include expanding the DisclosureNet™ family.” In the last four months, the company has built upon its strong foundation by hiring additional talent in marketing, sales and client success.
The company is looking forward to revealing more growth initiatives later this year that will help make the next 10 years even better than the last for DisclosureNet™ and its clients.
DisclosureNet™ is an online solution that helps business professionals unlock intelligence in global corporate disclosure filings. Founded in 2002, DisclosureNet™ uses innovative technology to make it easy to find, store, and share global public disclosure information, while providing a secure platform for knowledge collaboration. To learn more about DisclosureNet™, please visit http://www.DisclosureNet.com.