SAN MATEO, Calif. November 13, 2006--Xignite, the leading pure-play provider of financial web services for mission-critical corporate applications, today announced that it delivered live stock market data to a custom website used to provide market information in connection with McDonald’s recent exchange of its common stock (NYSE:MCD) for class B common stock in Chipotle Mexican Grill (NYSE:CMG). The pricing mechanism for the transaction was based in part on calculation of "daily volume-weighted average price" (or VWAP) of McDonald's common stock and Chipotle class A common stock. Xignite's VWAP web service was used to provide the VWAP data via a custom website built and hosted by Xignite (www.ChipotleExchange.com). The availability of precise, reliable executive biographical and compensation information is mission-critical to a variety of corporate applications – including customer relationship management, sales management, industry research, and analytical applications. Xignite’s on-demand platform lets application developers source and integrate this data in minutes instead of researching, mining, and translating this external data themselves. "Our VWAP web-service is designed for use in any brokerage application to ensure effective compliance at an affordable rate and with little development effort," said Stephane Dubois, CEO of Xignite. "We are honored to have worked with McDonald’s on such a strategic, high profile project. This project shows how web services can help an entire organization to be more nimble in the face of tight schedules and technical mandates." About Xignite Xignite (pronounced "x-ignite") is the leading pure-play provider of financial web services for mission-critical corporate applications. As a pioneer in the field, Xignite offers the broadest integrated suite of financial web services available today on an on-demand platform, with more than 35 solutions covering market quotes, news, corporate data, industry information, analytics, tools and more. Xignite powers mission-critical applications for portfolio management, sales management, trading, investor relations, corporate portals, executive dashboards, analytical engines and more. Xignite serves more than 220 clients, including Ameriquest, GE Commercial Finance, Goodyear, ING, McDonald's, Marsh & McLennan, Starbucks, and Wendy’s. For more information, please visit www.Xignite.com.
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