XiFin Inc. Expands Its Executive Management Team

XiFin’, Inc., the leading provider of revenue cycle management for diagnostic laboratories, announced today that it has added two new members to its Executive Management Team to help guide the company’s rapid growth.

Steve Zaniboni joins XiFin as Chief Financial Officer. Mr. Zaniboni has most recently served as Chief Financial Officer of AviaraDx (acquired by bioMerieux). Prior to AviaraDx, Mr. Zaniboni was CFO of Arcturus Bioscience (acquired by Molecular Devices Corp., now MDS). He joined Arcturus from Sequenom), where he served as Chief Financial Officer. He also held various financial management positions at Aspect Medical Systems, Behring Diagnostics, and Boston Scientific. Mr. Zaniboni’s experience includes raising over $500 million through IPO proceeds for high growth healthcare companies. He holds a B.S. in accounting from Boston University and an M.B.A. from Boston College.

R. William (Bill) Taylor also joins XiFin as VP of Marketing. Mr. Taylor brings over 25 years of high technology experience focusing on software companies ranging from start up to multi billion dollar enterprises. Most recently Mr. Taylor served as VP, Marketing and Corporate Development for Accelrys Inc. where he drove the re-invention of the company’s mission and grew revenues from new markets at 50%/yr.resulting in a bookings increase of over 300% in three years. Prior to Accelrys Mr. Taylor served as an IBM Strategy Executive were he drove the strategy for the rapid growth of the ~$1B Rational brand within IBM Software Group.

“I am very pleased to have Steve and Bill join our executive team”, said Lale White, XiFin’s CEO and Executive Chairman. “With their experience and leadership we are well positioned to continue the rapid expansion of our business by delivering the most complete solution for Revenue Cycle Management to new and growing segments of Diagnostic Service Providers”.

In addition to the current expansion of the executive team, XiFin expects to grow its staff by roughly 50% this year to keep pace with the strong demand for XiFin’s Revenue Cycle Management solution.

About XiFin

XiFin is an innovative software and services company dedicated to optimizing the economics of healthcare. The company’s cloud-based technology and business intelligence platform links healthcare stakeholders in the delivery and reimbursement of care, optimizing both business and patient outcomes and providing informed, streamlined diagnostic and business decision-making. To learn more, visit www.xifin.com, or follow XiFin on Twitter at www.twitter.com/#!/XiFin.