Xcellery seeks exciting new direction with eBay

Xcellery is the leading online collaboration solution for Microsoft Office. It allows several people to edit the same Office file at the same time from anywhere, eliminating the need to consolidate and resend newer versions of the same document. Xcellery currently supports Microsoft Excel, synchronizing team spreadsheets in near real time. In the immediate works is the Xcellery Enterprise Edition, deeper Excel format support, increased cell limit and faster workbook loading.

Xcellery has come amazingly far, it acquired close to 10,000 subscribers, was ranked Top 5 at the UTR Office 2.0 conference, is available on SalesForce.com/AppExchange - even with the limited resources available. To better service our clients and bring new features more quickly to our users, the management team at Xcellery has decided to seek greater funding with new ownership for our next phase of growth.

Founder and CEO Reto Laemmler says: "We believe that our next generation investor and owner will find Xcellery to be a powerful platform to simplify the difficulties of online collaboration in the office space." Prospective investors and owners are invited to review Xcellery's e-auction and inquire into details of the offering before making their offers. We chose eBay because it provides us the most democratic and attention-getting way to reach out and find the perfect partner.

The Xcellery team is looking forward to working with the future owner and other potential partners for the exciting new phase of market growth.