Xignite Launches Free Web Service to Provide Web Publishers with Seeking Alpha`s Easily Accessible Earnings Call Information

Web Publishers Can Now Capitalize on Investor Demand for Transparency by Adding
Corporate Earnings Conference Call Transcripts to Web sites
SAN MATEO, Calif.--(Business Wire)--
Xignite, Inc., the leading cloud services provider of on-demand financial market
data and application components today announced a partnership with Seeking
Alpha, the premier financial Web site for actionable stock market opinion and
analysis. Under the agreement Xignite has developed XigniteTranscripts, a free
Web service to enable Web publishers to easily add up-to-the-minute corporate
earnings conference call transcripts on their Websites. With the new service,
Web publishers can satisfy investor demand for comprehensive access to
publically available financial information and drive traffic to their sites.

The economic crisis has provoked a demand for greater transparency in the
financial sector. In response, blogs and Web 2.0 applications have made
financial information more widely available than ever before. Yet, corporate
earnings calls are typically restricted to only a small group of industry
analysts and institutional investors. Seeking Alpha is filling this void by
providing more than 1,500 public companies` quarterly earnings call transcripts
for free on its Web site, along with added functionality for simple use. Now,
using XigniteTranscripts, any Web publisher or blogger can automatically display
earnings call transcript information on their Web site at no cost and link to
the report at Seeking Alpha using only a few lines of code.

"Our aim is to make essential financial content such as transcripts available to
everyone," said David Jackson, CEO of Seeking Alpha. "Earnings call transcripts
are a valuable source of information for those involved in investing or business
intelligence activities. We value our partnership with Xignite as its Web
services help broaden access to this important information source."

"Demand for seamless access to information is part of the changing tide in the
financial industry," said Stephane Dubois, CEO, Xignite. "Ten years ago,
earnings call information was restricted to a few exclusive insiders. Now, any
consumer, blogger or student can obtain the same information for free, and
easily share them via their Web site, using XigniteTranscripts. Seeking Alpha is
trusted throughout the financial services industry, and we`re proud to partner
with them to improve the availability of financial information."

Seeking Alpha and Xignite share the goal of improving the accessibility of
financial information. Xignite`s cost-effective, on-demand financial Web
services make it possible to integrate up-to-the-minute market data, news
headlines and financial information into Web sites and applications in minutes.
Seeking Alpha gives a voice to more than 2,000 top financial bloggers, money
managers and financial experts and is the only free source for quarterly
earnings call transcripts.

About Seeking Alpha

Seeking Alpha is the premier financial Web site for actionable stock market
opinion and analysis. We handpick articles from the world`s top market blogs,
money managers, financial experts and investment newsletters - publishing
approximately 200 articles daily. Seeking Alpha gives a voice to over 2000
contributors, providing access to the nation`s most savvy and inquisitive
investors. Our site is the only free, online source for over 1,500 public
companies' quarterly earnings call transcripts, including the S&P 500. Seeking
Alpha was named the Most Informative Web site by Kiplinger`s Magazine and has
received Forbes` `Best of the Web` Award.

About Xignite

Xignite is the leading cloud services provider of on-demand, global financial
market data and application components. The Xignite financial Web services and
mash-up platform helps companies build smarter Web sites and software
applications in minutes with zero investment and cost-effective, subscription
pricing. Xignite offers over 50 solutions covering domestic and global equities,
commodities, currencies, fixed income and interest rates, company fundamentals,
corporate information and more. Xignite solutions power mission-critical
applications and financial Web sites for more than 400 global clients, including
Forbes.com, kaChing.com, NetSuite, Citi, GE Commercial Finance, ING, Starbucks,
Wells Fargo and Wendy's. For more information, visit www.xignite.com or call
1-866-XML-SOAP.

Schwartz Communications
Annie Klein, 415-512-0770
xignite@schwartz-pr.com

Copyright Business Wire 2009