ATLANTA, Feb. 15, 2005 (PRIMEZONE) -- iLumen Inc., a financial information and technology company headquartered in Atlanta, today announced a strategic relationship with the Information Technology Alliance (ITA). ITA is a national not-for-profit membership based association of leading firms and companies engaged in the development, delivery and/or support of technology solutions for small and mid-sized businesses.
ITA will use iLumen's financial monitoring and benchmarking service to automate the association's annual benchmarking study. iLumen's service will enable ITA members to electronically submit financial and operating data and to view reports comparing their company with peer group averages. ITA's membership consists of Value-Added Resellers, CPA Firms, technology consultants, Chief Technology Officers and various providers of technology products and services.
"Member firms tell us that information sharing, focusing on best practices and peer group benchmarking, are key benefits of membership in our association. For years we have tried to meet the benchmarking need with an annual survey, but participation rates have been low due to the manual nature of the data submission and aggregation process," said Ron Eagle, President of ITA. "Now with iLumen's automated and efficient web based processes, we can imbed a robust benchmarking service as a fundamental part of ITA membership and deliver better information to our members in a more timely fashion."
"ITA is recognized as an industry leader in the Information Technology industry," said Robert H. Woosley, Co-founder and Chief Executive Officer of iLumen. "iLumen will drive efficiencies in the delivery of ITA's annual benchmarking survey and will provide an ongoing benchmarking service for members, and potentially their clients, throughout the year."
About the Information Technology Alliance
ITA is a national not-for-profit membership based association of leading firms and companies engaged in the development, delivery, and/or support of technology solutions for small and mid-sized businesses. ITA's membership consists of Value-Added Resellers, CPA Firms, technology consultants, Chief Technology Officers and providers of technology products and services.
For more information about the ITA visit www.italliance.com or contact Jo Ann Benzer, Executive Director at 480.515.2003.
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 about iLumen's financial monitoring and benchmarking services visit www.ilumen.com or call 404-446-1600. iLumen(tm) is a trademark of iLumen, Inc., all rights reserved.