The Independent Association of PODS Franchisees to Implement the iLumen Financial Information Network

Delivering Valuable Benchmarking Analysis to the Portable Storage Industry


ATLANTA, Sept. 19, 2007 (PRIME NEWSWIRE) -- The Independent Association of PODS Franchisees, Inc. and iLumen, Inc. announced today an agreement to deliver the iLumen Financial Information Network to PODS franchisees. This initiative started with the needs of individual PODS franchisees to better understand their financial performance relative to similar locations and territories.

"The franchisees are experiencing tremendous growth and are eager to experience the benefits offered by the iLumen Network," said Stace Lindsay, President of the Independent Association of PODS Franchisees, Inc. and owner of the Boston territory. "The iLumen Network will allow us to learn more effectively from one another through comparative benchmarking, to share more efficiently by using online community features such as discussion groups and to build a powerful nationwide brand together by leveraging our individual strengths."

"Members of franchisee associations are ideal participants in the iLumen Network because they already come together to share best practices," said Robert H. Woosley, Chief Executive Officer of iLumen. "The iLumen Network allows members to take the information they already compile every month, easily upload that data and have it automatically standardized for comparisons."

"This partnership represents a great opportunity for our members," said Ed McCrady, PODS franchisee. "The iLumen Network will allow PODS franchisees to finally be able to compare their financial performance with each other and use this information to continually improve their business both financially and operationally throughout the year."

About The Independent Association of PODS Franchisees, Inc.

The Independent Association of PODS Franchisees, Inc. was established in 2004 when a group of PODS franchisees came together to create an independent association founded on the principles of sharing best practices and working together to create opportunities for all members, with the overall goal to preserve, protect and enhance the economic well-being of every PODS franchisee. The Association seeks a mutually respectful relationship with the franchisor, a meaningful role in system governance, and the opportunity to work collaboratively with the franchisor to determine the strategies and agenda that will define key business priorities and results of the PODS system. For more information contact info@podsassociation.com. PODS is a registered trademark of PODS, Inc.

About iLumen

iLumen, Inc., an Atlanta-based financial information company, has created the first online private company marketplace, the iLumen Financial Information Network. The iLumen Network securely connects private companies, their peers and advisers to the information, resources and people that foster success. The iLumen Network utilizes proprietary (patent pending) technology and business processes that deliver and manage private company data gathering and analysis solutions. The iLumen Network is used by financial institutions, accounting firms, associations and other businesses to deliver unique value to the private companies they serve.

For more information visit www.ilumen.com or call 888.663.8003. iLumen and iMonitor are trademarks of iLumen, Inc., all rights reserved.


            

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