XSP Achieves Gold Certified Status in the Microsoft Partner Network 1

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XSP AchievesGold Certified Status in the Microsoft Partner Network

Industry Leader Demonstrates Best-in-Class Expertise

NEW YORK, NY – SEPTEMBER 19, 2011 – XSP, the global leader in automated end-to-end Corporate Actions solutions, today announcedthat it has been named Microsoft Gold Certified Partnerfor the fifth consecutive year. XSP attained the Microsoft Independent Software Vendor (ISV)/Software competencyin recognition of its dynamic use and quick adoption of the latest technology.

The XSP® v5 platform is XSP’s state-of-the-art solution developed to automate each step in the processing of global Corporate Actions. A Microsoft Gold Certified Partner, XSP re-engineered its platform using advanced Microsoft technologies. The XSP v5 platform is built around a Service-Oriented Architecture (SOA), utilizing Microsoft .NET components and Windows Communication Foundation (WCF) and Web Services for global enterprise-wide processing. Accredited with the SWIFTReady label, the XSP v5 platform is SWIFT 15022 compliant and combines cutting-edge technology with feature-rich functionality to mitigate operational risks and costs for end-to-end straight-through processing (STP).

“XSP’s Microsoft Gold Certified Partner renewal further emphasizes our commitment to the financial industry,” said Dan Retzer, Managing Director and Chief Technology Officer at XSP. “Microsoft continues to refine the requirements for its partnership levels, and this year’s ISV Gold Partner requirements are extremely rigorous and stringent, exposing products such as the XSP platform to a high degree of scrutiny with respect to both customer satisfaction and technical mastery. XSP, as a Gold ISV partner,is granted access to a sophisticated range of resourcesthat includes technical and advisory support, immediate access to software as well asbusiness and technical training for our employees. These resources give us a competitive advantage, which in turn benefits our global clients and partners. Microsoft’ssupport enablesus to focus on innovation and superior customer service while deliveringthe industry’s leading global Corporate Actions processing solution. It is our investment in technology that helps us to further advance our solution offerings for the financial community to meet the ever-changing requirements. We are excited to embark on this year’s initiatives with a world-leading technology partner like Microsoft.”

Joseph Pagano, Managing Director, Banking and Capital Markets, Worldwide Financial Services, Microsoft Corp.,said, “Achieving Gold status is not an easy task.It takes a high level of expertise and a broadrange of experience to deliver a solution that embraces Microsoft enterprise products seamlessly. Innovative technology such as XSP’s v5 platform is driving global market adoption and XSP is building its engine with Microsoft at its core. We look forward to continuing to work with XSP to develop cutting-edge solutions that lower costs and minimize risks in Corporate Actions processingbased on the needs of our Capital Markets industry customers.”

Gold competencies demonstrate best-in-class expertise within Microsoft's marketplace. Earning a gold competency is evidence of the deepest, most consistent commitment to a specific, in-demand, business solution area, along with the distinction of being among only one percent of Microsoft partners worldwide that have attained this outstanding degree of proficiency.

About XSP

XSP is the global leader in end-to-end Corporate Actions automation solutions for the global financial services industry. Accredited with the SWIFTReady Corporate Actions Label, the XSP platform is SWIFT ISO 15022 compliant and proven to mitigate the operational risks and costs associated with Corporate Actions processing. This leading-edge solution features an extensive workflow module and robust data management tools. XSP’s Web-based eTRAN® and SWIFT ISO messaging modules automate the client notification and response capture and reconciliation of elections on complex Corporate Actions events. The XSP Entitlement Management module completes the Corporate Actions processing lifecycle for true end-to-end straight-through processing. With over 60 global clients, the XSP software is the most widely-implemented Corporate Actions solution in the world.

The XSP GO! Product Suite is one of the latest innovative offerings from XSP that addresses many new product and technology initiatives around cloud computing, mobile delivery and social networking collaboration which facilitate automating of the last mile in the global Corporate Actions processing chain.

XSP is a Microsoft Gold Certified Partner and has achieved a Microsoft Competency in ISV/Software Solutions. The Company has also been named 2010 Leader in Innovation in Corporate Actions by Financial-i Magazine and recently won the Systems in the City award for ‘Best Corporate Action & Reference Data Provider’ award. For more information, please visit us at and follow us on Twitter @XSPGlobal.

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