Filomeno & Company, P.C. to Implement iLumen's Client Financial Monitoring and Industry Benchmarking Platform


ATLANTA, Dec. 5, 2005 (PRIMEZONE) -- iLumen, Inc. and Filomeno & Company, P.C., a CPA and business advisory firm located in West Hartford, Connecticut, jointly announced today that Filomeno & Company will implement iLumen's client financial monitoring and benchmarking service private labeled as Business Insight. Business Insight, an internet-based application, makes it easy for business clients to submit financial information to Filomeno and provides clients with an up-to-date snapshot of their financial performance.

"Filomeno will be the first CPA firm in Hartford to implement this technology. We have made this decision in an effort to reinforce our commitment to client service and to emphasize the firm's position as our client's most trusted financial advisor," said Tom Filomeno, Managing Partner. "This will give us a clearer view of our clients' financial performance throughout the year allowing us to better address their unique needs."

"Filomeno is a firm known for delivering innovative solutions and implementing iLumen's service, Business Insight, is further evidence of their dedication to providing leading-edge technology to their business clients," said Robert H. Woosley, Co-Founder and Chief Executive Officer of iLumen.

Business Insight enables a business client to transmit financial information electronically and directly to their Filomeno accountant or advisor and allows the client to view their company's updated trends, dashboards and industry comparisons. The service is compatible with all electronic accounting packages and provides a secure way to transmit interim and year-end financial information.

About Filomeno & Company, P.C.

Filomeno & Company is a leading CPA firm based in West Hartford, Connecticut. Filomeno is a full service firm, offering audit, tax and advisory services across multiple industry sectors with a focus on making a valuable difference in the businesses and lives of our clients, team members and the community.

For more information, visit www.filomeno.com or call 860-561-0020.

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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