APEX Analytix Named Mid-sized Company of the Year By NCEITA
Greensboro, North Carolina - December 2, 2003 - APEX Analytix, a leading professional services and software provider in the recovery audit and contract compliance space, has been named "2003 Mid-Sized Company of the Year" by the North Carolina Electronics and Information Technology Association (NCEITA), one of the oldest and most prestigious technology organizations in the state.
"We're very proud to be included in this impressive list of award winning North Carolina based companies," said Michael Lustig, chief executive officer of APEX Analytix. "APEX enables enterprise level companies to internally detect, control and prevent accounts payable and procurement errors. This is in contrast to the traditional approach of engaging a recovery audit firm to recapture funds on a contingency fee basis months after the transactions took place. We look forward to making a positive impact on North Carolina's business community as we redefine the entire procure to pay process for Fortune 500 companies."
Grant Thornton, one of the world's leading accounting, tax and business advisory organizations for mid-sized companies, spearheaded the search for 21 companies and organizations whose exemplary efforts and advances were integral to North Carolina's economic vitality and growth.
"The 21 Awards" is an opportunity for the technology industry to celebrate the people and companies who are demonstrating true excellence," said Joan Myers, president of NCEITA. "This year's NCEITA 21 Awards theme was "Super Heroes of Technology," and all of our winners have been truly heroic during these tough economic times. North Carolina is a global leader in the technologies industry, as is demonstrated by these brilliant people and outstanding companies."
In order to qualify for the 2003 Mid-Sized Company of the Year award companies had to generate revenues up to $25 million, be a proven innovator in market penetration, and demonstrate marked sales growth and employment expansion.
APEX Analytix has a rapidly expanding customer base with 25 of the Fortune 100 companies as clients, and has been consistently profitable since its inception, Lustig said.
APEX has received several awards during the last few years, including recognition as an Inc. 500 company in 1999, Verizon's Supplier of Excellence Award in June of 2000, the 2002 Blue Chip Business Award, and the 2003 Deloitte & Touche North Carolina Fast 50, as well as being named to the Triad Fast 50 list from 2001-2003.
About APEX Analytix
About APEX Analytix Headquartered in Greensboro, N.C., APEX Analytix is a leading provider of professional services and software to organizations to help them manage their spending from purchase to payment. The APEX customer base includes 25 of the Fortune 100 companies.
APEX Analytix is the only recovery audit services and technology provider that focuses on prevention as well as detection.
For the past 15 years, APEX Analytix has delivered effective business solutions in the end-to-end procure-to-pay realm, enabling the detection, recovery and prevention of errors. APEX Analytix allows its customers to go beyond standard annual recovery auditing to actual error prevention - stopping problems once and for all, rather than simply accounting for them.
Services include Recovery Audits, Vendor Verification/Cleansing, Contract Compliance, Spending Analysis, Vendor Analysis and more. Technology Enablers include iAPEX® Real-Time Audit Software, iInquire®, and iRemit®.
For information call 1-800-284-4522 or e-mail info@apexanalytix.com