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The very best raw materials and latest resin technology are used in the manufacturing of all Ampelite’s fiberglass sheeting. I felt that, of those we reviewed, Pacifecon best fit that requirement. "We have been using Pacifecon for three years and wished we had hooked into this sooner. Nexans/Olex has been using Pacifecon Online for 5 years… I find that Pacifecon are proactive when it comes to our ideas and changes that need to take place on our profiles. Pacifecon gives us the knowledge that allows us to be informed about the market place. Pacifecon is a good company, offering excellent training options and back up support… Pacifecon provided comprehensive training to our sales team which has provided a good platform to do business from. What I like about Pacifecon is how current the information is. At the time, after AfterMail, TradeMe and 42 Belowwe believed there was an opportunity to fund a business like this properly. From the concerns from others about the large amounts of money it would cost to run the company, $65 million Rod points out it cost MYOB at the time, now it cost over that figure to run Xero - to the fact that Rod gave up on running the company at a profit in 2011 to concentrate on growing the company.

We knew that getting people to change their accounting software would be hard and also the minimum required feature set is large and it would take a while to build all the features the incumbents had. The large companies we are targeting on on completely different business models. Of particular interest are the parts on customer churn and cost control. MARKET RELEASE Xero exceeds 10,000 customer milestone 23 July 2009 In advance of the Xero Annual Meeting this afternoon Xero wishes to provide the market with a short update of the Company’s progress. Xero as a start up as a public company in NZ was the only way to do it. SI - How big is your shareholding in Xero and how important to you is it that you and other Xero directors have a financial interest in the company as an added incentive to do better? The company has products that seem to find favour with the customers it does have and users of Xero are enthusiastic to the point of idolization of their products. SI -Are your customers new to accounting software or do they come from competitors products? I certainly don't understand the business and growing income and customers without making a profit is foreign to most investors.

The profile of Xero and the newPacific Fibre cable has attracted significant inward investment making New Zealand a global player in the Internet economy. In 1918, Beca was established in New Zealand with only three employees. Beca delivers a variety of consultancy services across the Buildings, Government, Industrial, Power, Transport and Water market segments. Fulton Hogan is a major civil contracting company, offering customers services in civil contracting, construction, infrastructure and facilities maintenance, quarrying and asphalt production and surfacing. Nexans Olex also provides specialist technical services, cable design and other value added services gained from our extensive experience in the cable industry. Nexans Olex New Zealand Limited produces a wide range of electrical power cables, ranging from building wires and control cables to power cables with rated voltages up to 35 kV. Rod is a director on the board of the New Zealand Stock Exchange and also sits on the New Zealand Trade & Enterprise Beachhead Advisory Board. SI - Who is your favourite New Zealand business mentors/leader/s and why? RD - My favourite blogs is TechMeme. Our Security Solutions was created to provide commercial security products from latest technologies.

When When you try our products you will experience the difference that these technologies provide! With more projects with accurate information available we have found that there have been greater opportunities to promote our full range of products. "Over a trial period between Pacifecon and a Competitor we found Pacifecon’s information to be accurate and that Pacifecon covered more projects than what we had sourced previously. Share Investor - What was the primary reason you decided to found Xero and why list on the NZX when the money raised was only comparatively small and could have been found privately? Most questions are from me but some have been submitted by Share Investor readers. I think the financial crisis may have helped as people put a focus on daily cashflow. Doing quick release cycles reinforces a culture of innovation and execution but it is something we think about a lot. RD - Actually I think at 17,000 customers and many more users we have much more than a small band or loyal users.

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