ATLANTA, March 1, 2005 (PRIMEZONE) -- iLumen Inc., a financial information and technology company headquartered in Atlanta, today announced an agreement with The International Accounting Group (TIAG). TIAG is an international network of accounting firms, with member firms in over 25 countries.
TIAG will offer iLumen's financial monitoring and benchmarking network to its membership of leading accounting firms. iLumen's service enables accounting firms to electronically receive, analyze and benchmark interim and annual financial information from their business client base.
"As an international network, we search the world for trends in the accounting profession that will benefit our membership," said Peter Appleton Jones, Founder and President of TIAG. "iLumen's technology will improve the connection between our members and their clients by allowing the accounting firm to electronically receive and continuously monitor their client's financial information. Our North American members will be the first to be exposed to iLumen with international firms to follow."
"Financial information is the raw material which enables practically any service a CPA performs," said Robert H. Woosley, Co-founder and Chief Executive Officer of iLumen. "iLumen's service is focused on the delivery of real-time accounting information, directly from business clients to their CPA. TIAG has recognized that their members seek points of differentiation in the marketplace. iLumen's services can provide an advantage for those CPA firms who seek to better understand the evolving financial trends of their business client base during the course of the year."
About The International Accounting Group
The International Accounting Group (TIAG), founded in January 2003, is an international network of leading accounting firms. The network has established a global presence and now has member firms in over 25 countries. As a worldwide membership organization, TIAG's network enables member firms to provide excellent accounting services to their clients both at home and abroad. For more information, visit www.tiagnet.com.
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(r) 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(tm) and iMonitor(r) are trademarks of iLumen, Inc., all rights reserved.
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