CULVER CITY, Calif.--(BUSINESS WIRE)--XAP Corporation (XAP) is pleased to announce that Eddie Monnier assumed the role of Chief Executive Officer effective July 29, 2015. Peter B. Knepper, who was previously serving as CEO, has stepped down. Mr. Knepper will remain at the company as a consultant for a brief period to facilitate a smooth transition. “My four years at XAP," said Peter Knepper, "have been ones focused on the strengthening of our technology performance and increasing system efficie