APEX Analytix Named Finalist for Two NCTA Awards

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APEX Analytix, a leading provider of services and software for performance improvement, error prevention and fraud detection in accounts payable, is a finalist for two "2008 NCTA 21 Awards" sponsored by the North Carolina Technology Association. The annual showcase honors the best and brightest in North Carolina technology and business. APEX Analytix will compete in both the "Private Company of the Year" and "Software Company of the Year" categories.

APEX Analytix, a leading provider of services and software for performance improvement, error prevention and fraud detection in accounts payable, is a finalist for two "2008 NCTA 21 Awards" sponsored by the North Carolina Technology Association. The annual showcase honors the best and brightest in North Carolina technology and business.

APEX Analytix will compete in both the "Private Company of the Year" and "Software Company of the Year" categories. Winners will be announced at an annual awards gala scheduled for November 13.

Headquartered in Greensboro, APEX Analytix is a privately held firm that uses software and services to transform the procurement and payment operations of some of the world's largest businesses and to uncover potential fraud and risk. The company's FirstStrike® software has revolutionized the financial services industry by offering a powerful alternative to labor-intensive manual audits.

During a traditional audit, forensic accountants pore over mounds of records to identify potential issues and recover overpayments. By comparison, FirstStrike® provides continuous protection in advance -- before checks hit the mail and hard-earned revenues are lost. To date the software has prevented more than $2 billion in overpayments.

"We're proud to be singled out by NCTA for the success of our technology-enabled business services for accounts payable recovery audit, overpayment detection and potential fraud detection provided to large accounts payable and procure-to-pay organizations," said Michael Lustig, CEO of APEX Analytix. "By helping businesses manage their cash more effectively, protect their profits and weather tough economic times, we've been able to partner with our clients for mutual benefit."

For additional information or to view a list of past NCTA winners, visit http://www.nctechnology.org.

About NCTA:
The North Carolina Technology Association's mission is "Making North Carolina #1 in Technology and Technology #1 in North Carolina." The organization does this through three main focus areas: executive engagement, public affairs, and enabling member transition to a technology-enabled workplace. For more information, visit http://www.nctechnology.org.

About APEX Analytix:
APEX Analytix is an innovative audit recovery firm serving more than a third of the Fortune 100. The company has transformed the audit recovery industry with FirstStrike®, a highly functional family of standards-based software that detects and prevents both errors and fraud and improves performance across the procure-to-pay process. To date FirstStrike® has saved businesses more than $2.0 billion in overpayments and is the most widely used software of its type. For more information, call 800.284.4522 or visit http://www.apexanalytix.com.

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