Photo Release -- Amitabh Bachchan, Legendary Bollywood Star, Named Brand Ambassador for Xoom - a Digital Money Transfer Provider


SAN FRANCISCO, May 20, 2013 (GLOBE NEWSWIRE) -- Xoom Corporation (Nasdaq:XOOM), a digital money transfer provider, announces Bollywood superstar Amitabh Bachchan as its brand ambassador to launch Xoom's revolutionary speed of bank deposits to India within four hours.

A photo accompanying this release is available at http://www.globenewswire.com/newsroom/prs/?pkgid=18843

"Amitabh Bachchan is the ultimate Indian icon and he is the perfect ambassador for Xoom," says Julian King, Xoom's Senior Vice President of Marketing and Corporate Development. "Amitabh Bachchan, a trusted spokesperson to Indians, is starring in the new Xoom campaign that launches the 'Xoom bank deposit within four hours' service."

"I am very excited to be part of the Xoom family. I highly recommend people use Xoom.com to send money from U.S. to India. No matter where you live, taking care of your family is an important part of our Indian culture. Now Xoom has reduced the transfer time of bank deposits to just four hours, making it easier for our families and us," says Amitabh Bachchan, fondly known as "Big B!"          

With Xoom, people can send money to all banks in India using their computers or mobile devices from any Internet-enabled location. Banks serviced include ICICI, Punjab National Bank, HDFC, SBI, Axis Bank, Citibank and many more. Indian bank processing hours are generally Monday through Friday, 9 a.m. – 4:00 p.m. (India Standard Time), and Saturday, 9 a.m. – Noon (IST). Individual bank branch operating and processing hours may vary. Xoom processes transactions in India through Punjab National Bank, one of India's largest and most trusted banks.

Xoom is a fast-rising money transfer company and went public on February 15, 2013, which was the first tech IPO on the NASDAQ Stock Market this year.

Amitabh Bachchan first gained popularity in the early 1970's and has appeared in more than 180 Indian films in a career spanning more than four decades. He has won numerous National Film Awards, Filmfare awards and his achievements have been recognized at several International Film Festivals, including the Lifetime Achievement Award at the 2010 Asian Film Awards. Amitabh Bachchan can be seen as "Meyer Wolfsheim" in Baz Luhrmann's "The Great Gatsby," released May 10.

About Xoom

Xoom is a digital money transfer provider, focused on helping consumers send money in a secure, fast and cost-effective way using their smartphone, tablet or computer. During the 12 months ended March 31, 2013, Xoom's more than 840,000 active customers sent more than $3.6 billion to family and friends in 30 countries worldwide. The company is headquartered in San Francisco and can be found online at www.xoom.com.

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