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SAN FRANCISCO, CA -- (Marketwired) -- 10/21/13 -- Xero, the global leader in online accounting software, today announced the launch of the company's first national U.S. Roadshow. The 20-city tour, conducted from October 21 through November 21, will provide free training to accountants and bookkeepers on how small businesses can leverage the power of Xero's cloud accounting platform to improve accounting efficiency and costs. The roadshow follows Xero's recent capital raise of $150 million, including funding from Matrix Capital Management and Peter Thiel-backed Valar Ventures.

The tour will also showcase Xero's latest and greatest capabilities including Xero Files, announced today. Xero Files allows the storage of financial documents and images directly next to financial data in Xero's cloud accounting platform, improving efficiency and allowing for complete collaboration in the cloud. In addition, roadshow attendees will gain a sneak peek at Xero's Mobile, Payroll and Purchase Orders features. The updated capabilities set a new industry standard, empowering Xero's users to spend less time on administrative work and more time on driving profitability.

"With more than 210,000 customers and 8,800 partners, Xero's industry leading technology is bringing affordable and accessible financial and billing systems to small businesses in the cloud. We can't wait to share what we have up our sleeves throughout our national roadshow," says Jamie Sutherland, President, Xero U.S. "The launch of Xero Files, our recent $150 million capital raise and continued global momentum is further proof that the accounting industry is moving away from traditional desktop solutions to embrace the cloud. We will continue to respond to customer demands and offer educational services like the Xero Roadshow to support our growing customer base."

Event Details:

What: Xero National U.S. Roadshow
Who: Accounting professionals, bookkeepers, add-ons & future partners
When: October 21- November 21, 2013
Where: 20-city national tour, beginning in Baltimore and concluding in Honolulu. For a full list of cities, visit http://www.xero.com/us/roadshow

Xero Files, launched globally today, allows customers to manage financial data and documents in the same system, a groundbreaking feature. With Xero Files, contracts, company incorporation documents, board minutes and warranties can all be shared between businesses, accountants, bookkeepers and directors, fundamentally improving the way businesses collaborate and access financials.

Other updates on display include updated looks at Xero's Purchase Orders, Mobile and Payroll functions. Xero Payroll, a centerpiece of the roadshow, is the industry's most seamless and comprehensive payroll solution to date. At the Xero Roadshow, participants can learn about payroll automation; automatic tax calculations; direct deposit and check options; employee access options; electronic tax filing alert and e-applications; and a payroll API to connect to relevant systems such as HR.

Attendees will also get a first-look at Xero's revamped mobile platform, Xero Touch, which provides anytime, anywhere access to a small business' financial landscape with just a few clicks.

For more information about the Xero Roadshow, visit: http://www.xero.com/us/roadshow

To learn more about Xero Files, watch a video outlining the new solution here.

About Xero

Xero is beautiful, easy to use online accounting software for small businesses and their advisors. The company has over 210,000 paying customers in more than 100 countries around the world. Recently Xero garnered a five-star review for Software As Service from CPA Practice Advisor. The Xero US team is headquartered in San Francisco. Xero is hosted with Rackspace in Chicago.

See www.xero.com to learn more and visit Small Business Guides to gain insight on how to grow your small business