Tarpley & Underwood to Implement iLumen's Financial Monitoring and Benchmarking Service

Enabling Better Understanding of Private Business Clients' Financial Trends Occurring During Course of the Year


ATLANTA, Feb. 9, 2005 (PRIMEZONE) -- Tarpley & Underwood, PC, a leading Atlanta-based CPA firm, today announced that it will implement iLumen's financial monitoring and benchmarking service, allowing Tarpley & Underwood's CPAs to receive and analyze interim financial information from their business client base.

"Financial information is the foundation for every service a CPA performs," said John Carpentier, Shareholder at Tarpley & Underwood. "Private business clients view their CPA as their most trusted business advisor and enlightened CPAs have long understood that receiving current financial information from their business clients is critical. This information provides the basis for valuable observations and business advice that CPAs are uniquely trained to deliver."

"Tarpley & Underwood will use iLumen's service to electronically receive and continuously monitor private company financial information from their business clients," said Robert H. Woosley, Co-founder and Chief Executive Officer of iLumen. "By implementing iLumen's service, Tarpley & Underwood CPAs will be able to react to changing business trends with their clients and will be in position to better serve their unique needs."

"Our clients expect us to understand their business," said Carpentier. "iLumen's service will provide us with a competitive advantage in serving our private company clients."

About Tarpley & Underwood

Tarpley & Underwood is a leading CPA firm based in Atlanta, Georgia. Founded in 1978, Tarpley & Underwood provides a broad range of business and personal accounting, tax and business advisory services. Since inception, the firm's mission has been to understand the financial, personal and business objectives of their clients and to assist them in achieving their goals.

For more information visit www.t-u.com or call 770-447-2700.

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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