Greensboro, North Carolina - March 1, 2003 - APEX Analytix, Inc. (www.apexanalytix.com) an auditing and technology firm for Fortune 500 companies and GraphOn Corporation (Nasdaq: GOJO) (http://www.GraphOn.com), developer of business connectivity software that instantly web enables software applications, today announced that they have entered into a partnership that makes iAPEX software available via a web browser. Utilizing GraphOn’s GO-Global, APEX Analytix has created software that delivers bottom-line results with accounts payable and procurement. The enhanced iAPEX system is even more convenient thanks to this partnership.
APEX is a family of decision support tools designed to generate immediate savings while assisting companies in bringing control and accountability to the management of their spending. APEX enables Fortune 500 companies (including Verizon, Eaton, Nortel Networks, and many others) to quickly and easily review contracts and payment records to ensure that all monies are accounted for. The system can check for duplicate payments, pricing fluctuations, billing errors, and a number of other areas of preventable waste. In the case of large companies, even a small number of inadvertent mistakes can amount to large amounts of lost profit.
“Teaming iAPEX capabilities with GO-Global’s web enabling technology is a strong combination,” said Jim Arnold, President and CEO of APEX Analytix. “Now our customers can get the same powerful results from our data mining software over the web, making it readily available to anyone in an organization. The ability to use a web browser delivers a smoother, faster implementation and requires less end-user technical support by the client. It’s a convenient means to manage your disbursement operation and save money for shareholders.”
“GO-Global’s powerful web enabling architecture as well as superior security features are a perfect fit for iAPEX software, meeting the day to day needs of Fortune 500 companies ”, said GraphOn COO, Bob Peterson. “ We are confident APEX Analytix customers will benefit tremendously from these enhancements to their existing product.”
Headquartered in Greensboro, North Carolina, APEX Analytix, Inc., formerly JBA Consulting, Inc., is a leading provider of professional services and software to organizations to help them manage their spend from purchase to payment. The APEX customer base consists of over 50 of the Fortune 500. For more information on APEX Analytix, visit www.apexanalytix.com.
iAPEX for Accounts Payable is one of several software offerings available from APEX Analytix. iAPEX for Accounts Payable enables organizations to vastly improve their accuracy in the accounts payable function by virtually eliminating duplicate payments, increasing cash discounts, improving cash flow, and promoting accounts payable efficiencies. The software delivers immediate bottom line results.
Headquartered in Concord, New Hampshire, GraphOn sells high performance software that instantly provides fast remote access, cross platform capability, and a centralized architecture that delivers a dramatically lower cost of ownership to the user. Using GO-GlobalÒ, any application can be simply and easily web enabled without any software modification required, allowing applications to be run from browsers or portals. GraphOn is and is traded on the Nasdaq under the ticker GOJO (Nasdaq: GOJO). The company s web site IS http://www.GraphOn.com.