XLERANT CEO TO SPEAK AT PROFORMATIVE’S CFO DIMENSIONS 2013 IN NEW YORK CITY

Ted Dacko to Speak on Strategic Leadership Role of Financial Executives and Changing Trends in FP&A

STAMFORD, CT–(Marketwired – August 19, 2013) – XLerant Inc., leading provider of SaaS cloud-based budgeting software BudgetPak, today announced that CEO Ted Dacko will present at Proformative’s CFO Dimensions 2013, the premier conference for chief financial officers and corporate finance leaders. The company has been invited to lead a session as one of five presenters in the event’s “Finance Technology” track.

Dacko will be co-presenting an 11:30 am session — titled “The FP&A Paradigm – A Shift From Budgeting to Strategic Planning” — with Jason Webster, CEO and Founder of Archetype Consulting. A widely published industry expert on the changing trends in financial leadership, Mr. Webster will share his insights into best practices on how today’s financial executive can make the most of the FP&A opportunity. Combined with Mr. Dacko’s experience as CEO of five software firms and his senior leadership positions at organizations including Hyperion and Orion Micro Systems, these speakers bring extensive industry and C-suite experience to the topic of the evolving role of financial leadership and the growing need to engage members across the entire organization in the FP&A process.

XLerant will also participate as a Gold-level sponsor of the CFO Dimensions event. “We are pleased to sponsor this continuing education event for CFOs and financial executives,” commented Mr. Dacko. “Finance teams are highly visible leaders in the strategic planning process — and they are being relied upon to engage staff at all levels of their organizations like never before. This forum provides an opportunity for them to learn ‘real-world’ best practices from industry experts — and from their peers.”

“The days of traditional ‘behind-the-desk’ financial roles are gone,” added Mr. Webster. “Today’s finance execs know they have to lead from the front — and together we can identify and disseminate what’s working best in real-world practice.”

XLerant joins other leading corporate finance leaders and subject matter experts scheduled to present in four conference tracks: Leadership; Governance, Risk and Compliance; Finance Technology; and Operational Effectiveness.

“We are honored to name XLerant as a Gold Sponsor for CFO Dimensions 2013,” commented Proformative co-founder and CEO John Kogan. “As a company founded on reinventing the corporate budgeting and planning process, XLerant embodies the innovative spirit that is helping financial executives transform the way they manage an enterprise’s most critical assets: time, money, and people. We’re excited to include them in our mix of world-class companies and thought leaders.”

CFO Dimensions 2013 will be held on August 22, 2013 at the Marriott Marquis in New York City. For more information please visit: http://www.proformative.com/cfo-dimensions.

About XLerant

XLerant is a SaaS software solutions company that builds and implements innovative, practical and incredibly powerful browser-based budget preparation software for mid-sized and large organizations and higher education institutions, energizing a “Culture of Budget Accountability” among users. The company serves customers in several industries. XLerant’s premier budgeting and planning application, BudgetPak, replaces spreadsheet-based budgeting and provides maximum user flexibility and financial controls. Improved communication, greater ownership of the numbers and increased transparency enable companies to better manage financial performance throughout the fiscal year.

For more information, please visit www.XLerant.com

About Archetype

Archetype is a management consultancy focused on helping executives make better business decisions by more effectively leveraging information assets. We help our clients create incremental competitive advantage through one of their most powerful and often untapped resources — data. Effectively organizing information, and analyzing and forecasting performance is core to both strategy and execution. To that end, Archetype’s interdisciplinary approach can provide a catalytic edge in establishing the right measurement frameworks, aligning management processes and leveraging information technology.

About Proformative

The largest and fastest-growing online community and resource for the office of the CFO, Proformative is the pioneer in Enterprise Social Procurement™, a peer-driven community model enabling corporate finance professionals to make smarter, more informed purchasing decisions for complex enterprise products and services. Based in Silicon Valley, CA, Proformative reaches more than 600,000 corporate finance and related executives at companies ranging from start-ups to the Fortune 500 and is comprised of more than 35,000 community members.Enterprise Social Procurement™ is a trademark of Proformative.

Contact Information

FOR MORE INFORMATION CONTACT:

Christine Perakis
XLerant, Inc.
203-883-4387
cperakis@XLerant.com
Please visit our website: www.XLerant.com

PROFORMATIVE CONTACT:

Renee Maler
Philosophy PR + Marketing
925.968.9495
renee@philosophypr.com