Xtime Bolsters Management Team With Key Hires

REDWOOD SHORES, CA--(Marketwire - Mar 21, 2012) - Xtime, the leader in cloud-based customer management applications for the automotive service industry, today announced it has recently added three members to its management team. They include Christine Munson as CFO, Gary Martin as President, Xtime International, and David Sturtz as Vice President of Marketing and Business Development. All three executives come to Xtime with a wealth of industry experience and records of success.

Christine Munson, CFO, has spent much of the past two decades as CFO of venture-backed firms in the San Francisco Bay Area. Prior to joining Xtime, she was CFO at Active Video Networks. Chris also served as Vice President of Finance at MarketTools, a San Francisco-based market research firm. Previously she had been CFO of several companies, including, Weldon Owen Publishing, Kasenna, Portera Systems and Liquid Thinking. During her career Chris has successfully guided three companies through public stock offerings: Gadzoox Network, the California Culinary Academy and Document Technologies. Chris began her career as a Manager in the Emerging Business Practice at Pricewaterhouse. A Certified Public Accountant, Chris earned her B.S. in Accounting from San Jose State University.

Gary Martin, President Xtime International, is responsible for building Xtime's business in Europe and Asia. Gary is the former CEO of Infomedia Ltd, a publicly traded Australian company that provides auto parts information solutions globally. Gary has held positions in the automotive industry since 1987, including management roles within franchised automotive dealer groups until 1998. He later served as the International Sales Director then as General Manager of Infomedia Ltd. He was appointed as a Director in 2004 and to the CEO role in 2005.

David Sturtz, Vice President of Marketing and Business Development, leads the company's strategic marketing and business development initiatives. Most recently David was the founder and CEO of RepairPal, the award-winning consumer auto repair information resource. He built RepairPal around the "Kelley Blue Book for auto repair" concept via its popular online and mobile applications. Prior to RepairPal, David ran a global-macro hedge fund, worked on Wall Street as a technology stock analyst and as a strategic advisor to several technology, media and automotive companies. He holds a B.A. from UC Berkeley and graduate degrees in Engineering and Political Economics from Stanford University.

"I'm thrilled to announce that these important executives have joined Xtime's experienced management team," said Neal East, CEO of Xtime. "The company is rapidly expanding in multiple directions and these executives will enable us to capture the opportunities we see both domestically and abroad."

About Xtime
Xtime is the leading provider of hosted Customer Relationship Management (CRM) and Scheduling software for automotive service departments in North America. Xtime counts more than 4,500 dealerships as customers, has registered more than 1 million customers and processes more than 1 million appointments each month. Xtime is the exclusive or preferred provider for many of the leading global automotive manufacturers, including Lexus, Toyota Canada, Toyota US, BMW, Mercedes-Benz, Nissan, Infiniti, VW, Audi, Chrysler and Hyundai. Xtime is also the trusted choice for many of the industry's leading dealership groups including AutoNation, Group 1 Automotive, Sonic Automotive, Asbury, Luther, Ferman and Checkered Flag.

Xtime is based in Redwood Shores, California and can be reached at (650) 508-4361 or www.xtime.com.