"John has been a key part of our success and we are delighted to promote him to Managing Director," said, Brendan P. Farrell, Jr., Chief Executive Officer at XSP. "John joined the Company in 2002 and quickly rose to several supervisory and management positions. His leadership, positive attitude, tireless dedication and industry knowledge have made him a significant resource during his long tenure with XSP. As we continue to progress ahead with the latest in cutting-edge innovations, we are confident that John will be hugely instrumental in leading the future growth of XSP. We thank John for his contributions to XSP over the last nine years, congratulate John on his promotion and wish him continued success over the coming years."

"It is a pleasure to receive this recognition from the XSP Executive Management team and Board of Directors," said Kehoe. "My appointment to this role reflects the continuing growth and increasing demand for XSP's products and services, particularly in the North American, European and Asia Pac regions. We are experiencing such an exciting time in our Company's 15-year history and I am proud to be part of XSP's successes. I look forward to continue working with my team to help existing and new clients globally streamline their Corporate Actions processing with XSP's innovative solutions."

Kehoe joined XSP in 2002 as a Senior Client Administrator in charge of day-to-day client management. In 2004, he joined the sales organization and rapidly developed an impressive network of contacts across the globe while continuously expanding his product knowledge of the XSP platform and its application across our varied client segments including Custodians, Broker/Dealers, Investment Managers, Trust Banks, Hedge Funds and others.

Kehoe is a frequent speaker at conferences and is involved in global industry initiatives covering all aspects of Corporate Actions processing. He graduated from North Carolina State University with a tth a Bachelor of Science in Engineering.