Press Release
The Leading Edge Alliance And iLumen To Bring
Financial Information Network To Member Firms
Prominent Accounting Association To Offer iLumen's
Financial Monitoring And Benchmarking Services To Member Firms
ATLANTA, GA, September 22, 2005
In a joint announcement today, iLumen Inc., a financial information
and technology company, and The Leading Edge Alliance, an alliance of
major independent accounting and consulting firms, announced a strategic
partnership to offer iLumen’s financial monitoring and benchmarking
services to its member firms. iLumen will also supplement The Leading
Edge’s annual benchmarking survey by automating a portion of the
survey as well as providing ongoing comparative trends for participating
firms.
“The Leading Edge Alliance is one of the premier accounting associations
and their members are seen as thought leaders in the accounting profession,”
said Robert H. Woosley, Chief Executive Officer of iLumen. “The
Leading Edge Alliance understands the unique challenges of its members
and sought to find a technology that automated the exchange of real-time,
financial information from their private company clients.”
“We have been following iLumen as an emerging trend and watched
as they’ve gained traction within the accounting profession,”
said Gary Shamis, Chairman of The Leading Edge Alliance. “We wanted
to give our members preferred access to iLumen’s innovative financial
monitoring and benchmarking services so they can begin to realize competitive
advantages and efficiencies within their own firms.”
“The need for interim, trending financial information and industry
benchmarking has been a major concern for many of our member firms,”
said Karen Kehl-Rose, President of The Leading Edge Alliance, “We
did our research and feel that iLumen delivers a solution that not only
addresses this problem but allows CPAs to enhance client relationships
throughout the year.”
About The Leading Edge Alliance
The Leading Edge Alliance is an alliance of major independently owned accounting
and consulting firms that share an entrepreneurial spirit and a drive to
be the premiere providers of professional services in their chosen markets.
Leading Edge members are firms that are preserving the core quality and
integrity of the public accounting profession while stimulating growth and
progress through innovative practices. The alliance consists of 104 member
firms worldwide and well over $1billion US in annual revenue.
About iLumen
iLumen, Inc. is a financial information technology company that delivers
and manages private company data gathering and analysis solutions designed
to solve critical problems in risk management, financial compliance and
financial oversight within the banking, accounting and corporate environments.
iLumen's services are based on a proprietary (patent pending) data warehousing
engine known as iMonitor® that automates and standardizes the gathering,
mapping, analysis and benchmarking of electronic accounting data from private
companies.
For more information visit www.ilumen.com
or call 404-446-1600. iLumen™ and iMonitor® are trademarks of
iLumen, Inc., all rights reserved.
For more information, media only:
Leeann Morris
Media Relations
iLumen, Inc.
404-446-1613
mediarelations@ilumen.com
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