Xero Limited

Xero Limited (NZE/ASX:XRO) today announced that due to the rapid growth of its business in key markets and expansion of its executive team, it has disestablished the role of Chief Revenue Officer (CRO). The addition of a Chief Marketing Officer with responsibility for online sales and marketing, and the growth in regional capabilities, resulted in the realignment of its leadership team.

Xero Limited (ASX:XRO) (NZE:XRO) now has over 400,000 small business customers operating on its cloud platform - a key milestone as it heads into key selling seasons in the UK, New Zealand and the US. In 2014 the company processed NZ$250 billion of transactions and 95 million invoices, connecting millions of businesses, advisors, suppliers and customers worldwide.

Xero Limited (ASX:XRO) (NZE:XRO) (OTCMKTS:XROLF) continues to deliver high growth as the business builds capability to serve millions of small businesses on its financial platform.

Xero Limited (NSE/ASX:XRO) announces that it has acquired Seattle-based online payroll company, Monchilla Inc. The company's payroll expertise and technology will enable Xero to rapidly accelerate the extension of its payroll offering across the U.S.

Online accounting software company Xero Limited (ASX:XRO) (NZE:XRO) has announced the appointment of awardwinning international marketer and digital innovator Andy Lark to the position of Chief Marketing Officer (CMO). Lark will lead Xero's global marketing strategy and further drive growth in the U.S.

Xero Limited (ASX:XRO) (NZE:XRO) announces subscription revenue of $52.0m for the half year ended 30 September 2014, up 85% from $28.1m for the half year ended 30 September 2013.

The company is concentrating on delivering best-in-class U.S. product features, building out its sales team, and launching a number of key partnerships. This will place it in a strong position for the end-of-year selling season in the U.S. and to create the platform for growth in 2015 and 2016 as the adoption of cloud accounting accelerates.

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.

Xero Limited's (NZE:XRO) ASX:XRO) (OTCMKTS:XROLF) 2014 Annual Meeting of shareholders was held yesterday in Wellington, New Zealand.

The following resolutions were put to shareholders of Xero Limited (NZE:XRO) (ASX:XRO) at its Annual Meeting