Xignite Financial Web Services Help Fuel Wolfram|Alpha Engine

World`s First Computational Knowledge Engine Utilizes On-Demand Financial Market
Data from Xignite to Accelerate Development and Reduce Costs
SAN MATEO, Calif.--(Business Wire)--
Xignite, Inc., the leading cloud services provider of on-demand global financial
market data and application components, today announced it is working with
Wolfram|Alpha, the world`s first computational knowledge engine. Under the
agreement, Wolfram|Alpha has integrated Xignite Web services to provide powerful
on-demand financial market data calculations for its users. Xignite Web services
enabled Wolfram|Alpha to meet a tight development schedule and minimize
infrastructure costs prior to its May 2009 launch.

Wolfram|Alpha generates powerful systematic results through real-time
computations on its ever-growing internal knowledge base. Wolfram|Alpha's
knowledge base and capabilities already span many domains and its underlying
framework has the power and flexibility to support any domain that is based on
systematic knowledge. The information Xignite delivers in response to the search
is aggregated and analyzed by Wolfram|Alpha before it is returned to the user in
the form of comprehensive charts and graphs for comparative study. By
integrating Xignite Web services, Wolfram|Alpha can provide in-depth financial
information for queries as simple as "biggest automotive company," or as complex
as "what is General Electric`s dividend per share in euros." The integration
also enables Wolfram|Alpha to return results in locally-adjusted currencies,
based on real-time rates and location awareness.

Wolfram|Alpha is currently using Xignite Web services that includes real-time
and historical stock prices, market indices, interest rates, currency exchange
rates, commodity prices, and various economic statistics to power the majority
of the market, financial and company information delivered in its search
results. With Xignite, Wolfram|Alpha met its tight launch schedule by
eliminating multiple years of development effort and saving hundreds of
thousands of dollars in extensive in-house market data infrastructure costs.
Xignite is the industry`s leading provider of highly-scalable Web services that
deliver a variety of on-demand financial market data, including stock prices,
commodity futures and currency exchange rates.

"Wolfram|Alpha's goal is to be the single source for definitive answers to
factual queries, and we rely on acquiring and processing data in a vast number
of areas," said Peter Overmann, executive director of research and development
at Wolfram Research, Inc. "In a climate where there's tremendous demand for
financial tools and information, we've set out to create the best possible
financial portal where all analyses and visualizations are calculated in real
time, as users put in their questions. Xignite has met all of our expectations
in terms of the scope, quality, and performance of its data services, and we
look forward to working with the company as we expand Wolfram|Alpha."

"Traditional approaches to searching for financial information return incomplete
and stale data, but the Wolfram|Alpha computable knowledge engine provides rich
and meaningful results by integrating Xignite," said Stephane Dubois, CEO,
Xignite. "Wolfram|Alpha is offering superior value to their users and Xignite is
proud to support their mission by reducing the cost and complexity of
integrating financial information with our Web services."

Xignite provides an extensive catalog of more than 50 categories of financial
information delivered on-demand as industry standard Web services with simple,
pay-as-you-go subscription pricing. Xignite customers simply visit its Web site,
shop for what they need, sign-up and pay only for the data they use. There is no
upfront risk or infrastructure investment in hardware, software, vendor tools or
custom coding. Additionally, there are no ongoing requirements of system
administration and maintenance.

About Xignite

Xignite is the leading cloud computing provider of on-demand, Web services for
professional-grade financial market data and applications, fulfilling more than
one billion service requests per month. Xignite offers the broadest selection of
financial Web services available today with more than 50 solutions covering
domestic and global equities, commodities, currencies, fixed income and
interbank interest rates, analyst predictions, company fundamentals, corporate
information and news. Xignite solutions power mission-critical applications for
portfolio management, sales management, trading, investor relations, executive
dashboards, asset pricing, ERP, accounting, e-commerce, online games and
financial websites for more than 400 global clients, including Citi, GE
Commercial Finance, Wells Fargo, ING, Marsh & McLennan, Forbes.com, NetSuite,
kaChing.com, Starbucks, and Wendy`s. For more information, please visit
www.xignite.com or call 1-866-XML-SOAP.

About Wolfram Alpha LLC

Wolfram Alpha LLC is a Wolfram Research company. Wolfram|Alpha's long-term goal
is to make all systematic knowledge immediately computable and accessible to
everyone. The company aims to collect and curate all objective data; implement
every known model, method, and algorithm; and make it possible to compute
whatever can be computed about anything. Wolfram|Alpha builds on the
achievements of science, and other systematizations of knowledge, to provide a
single source that can be relied on by everyone for definitive answers to
factual queries. Wolfram|Alpha was created with Mathematica - itself the result
of more than 20 years of development at Wolfram Research - and is being
developed by a world-class team of experts led by Stephen Wolfram, a
distinguished scientist, inventor, author, and business leader.

Schwartz Communications
Annie Klein or Clinton Karr, 415-512-0770 (Media)
xignite@schwartz-pr.com

Copyright Business Wire 2009