ATLANTA, March 9, 2006 (PRIMEZONE) -- AGN International-North America, Inc., an association of independent accounting and consulting firms, and iLumen, Inc., a financial information technology company headquartered in Atlanta, today announced a strategic relationship to provide financial monitoring and benchmarking services to member firms. AGN-NA is the North American region of AGN International, Ltd. and has 52 member firms in the U.S., Canada and Mexico representing over $435 million in total revenues.
"AGN-NA member firms are leading CPA firms that embrace new technologies," said Rita Hood, Executive Director, AGN-NA. "We learned about iLumen through one of our member firms, who has implemented the service successfully. Members make a point of sharing their successes with other members. Through this relationship, all members will receive education and preferred access to the platform."
"iLumen's financial monitoring and benchmarking service is positioned to become a standard in the accounting profession. At our firm, we are in the initial phase of rolling out the service under the brand name Business GPS - Growth, Productivity, and Strategy," said Charlie McGimsey, AGN-NA Board member and Managing Partner of Windham Brannon, a leading accounting firm in Atlanta. "Having electronic access to our business clients' interim financial information is invaluable. We've been able to streamline our audit process using the service and our clients have found that uploading their trial balance reports is quick and easy."
"AGN-NA member firms represent the ideal type of firm to implement the iLumen Financial Information Network. They are focused on providing advice and strategies based on their clients' complete financial landscape and are looking for better ways to gather, analyze and share financial information," said Robert H. Woosley, Chief Executive Officer of iLumen. "With iLumen, AGN firms will have access to interim financial analysis, rolling twelve month reports and trending industry comparisons for all of their business clients."
About AGN International-North America, Inc.
AGN-NA was formed in 1978 under the premise that by sharing information and resources, members' growth and quality goals could be achieved more quickly. AGN-NA membership is open to non-competing CPA firms that are aggressive, and willing to participate in developing profitable strategies in today's rapidly changing profession.
About iLumen
iLumen, Inc. is a Financial Information Network that delivers private company data gathering and analysis solutions to the banking, accounting and corporate sectors. iLumen technologies enable a private company to transmit financial information electronically and anonymously to the iLumen Financial Network and allows the private company to view their company's updated trends, dashboards and industry comparisons. iLumen's services are based on a proprietary (patent pending) data warehousing engine known as iMonitor(R) that is compatible with all electronic accounting packages and provides secure transmission of interim and year end financial information.
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.