APEX Analytix Named by Deloitte & Touche One of North Carolina's Fastest Growing Companies
Fast 50 list shows companies that had no less than $1 million in operating revenues through 2002
Greensboro, North Carolina - September 2, 2003 - APEX Analytix, a leading professional services and software provider in the recovery audit and contract compliance space, has been included in Deloitte & Touche’s Technology Fast 50 list, as one of North Carolina’s 50 fastest-growing high-tech firms.
The annual Technology Fast 50 list distinguishes companies that had operating revenues of no less than $50,000 in 1998 and $1,000,000 in 2002. All companies must be headquartered in North America, must have their own proprietary technology (which must contribute to a large slice of their operating revenues) or the company has to have devoted a large portion of its efforts to researching and developing technology.
Winners of the 20 regional Technology Fast 50 programs in the United States and Canada receive automatic entry into the Deloitte & Touche Technology Fast 500 program, which ranks North America's top 500 fastest growing technology companies.
“We are honored to be named a North Carolina Fast 50 company for 2003, which is a testament to our strength and stability during the recent U.S. economic downturn,” Michael Lustig said. “We believe that APEX Analytix is on its way to transforming the entire recovery audit industry because our service and technology are a perfect match for companies looking to aggressively eliminate expenses from their budget.”
Other awards APEX has previously received include recognition as an Inc. 500 company in 1999, Verizon’s Supplier of Excellence Award in June of 2000, Triad Fast 50 firm in both 2001 and 2002, and the 2002 Blue Chip Business Award, sponsored by Mass Mutual.
APEX Analytix is the only recovery audit company that focuses on the entire procure-to-pay business cycle, giving large enterprise level companies critical insights into every step, and every potential hole, of the process -- from transaction initiation to final payment. These insights enable enterprises to detect, control and prevent A/P and procurement issues internally, versus having to outsource contingency fee audits. APEX Analytix has a rapidly expanding customer base with 25 of the Fortune 100 as customers today.