APEX Analytix Expands its Customer Base in Europe


BARCELONA, Spain, May 19 /PRNewswire/ --

- Adds six clients during first four months of 2008

- Unveils new website to support the European market

Shared Service Week 2008 -- APEX Analytix, a leading provider of services
and software used by shared services organisations to conduct accounts
payable recovery audits, prevent payment errors and detect fraud, today
announced that it has expanded its European customer base by signing six new
clients during the first four months of 2008. The companies include leaders
in the automotive, construction, defence, energy, food and pharmaceutical
industries -- four of them ranked among the Global 1000.

As a reflection of its growing commitment to Europe, APEX Analytix also
unveiled a new regional website (www.apexanalytix.eu) for ready access to
information about the company, its products and services.

Both announcements were made today during Shared Services Week 2008 in
Barcelona, an event sponsored by the Shared Services & Outsourcing Network.

"The European Union (EU) represents a significant portion of the global
economy, and we see strong demand for our services across member countries,"
said Michael Lustig, CEO of APEX Analytix. "Our recovery audit, payment error
prevention and fraud detection solutions are used both by companies
headquartered in the EU and by EU-based shared services centres that serve
internal clients around the world. Delivering our full set of solutions to
these organisations is expected to remain a key component of our growth
strategy."

APEX Analytix is the industry's fastest-growing provider of recovery
audit and fraud detection services. The company is also the industry leader
in software for error prevention and fraud detection. In fact, the company's
pioneering FirstStrike(TM) application suite has led a veritable paradigm
shift in shared services organisations by helping companies detect and
prevent fraud and overpayment problems as part of the regular business day --
before losses have occurred. To date FirstStrike(TM) has helped 40 of the
company's largest corporate clients save millions of Euros.

Two years ago APEX Analytix opened a European headquarters in Milton
Keynes, Buckinghamshire in the United Kingdom. Since that time, the company
has worked with some of the largest and most prestigious organisations in
Europe -- including clients in Belgium, the Czech Republic, France, Germany,
Hungary, Ireland, The Netherlands, Poland, Portugal, Spain, Switzerland and
the United Kingdom.

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 fraud detection and
audit recovery industry with FirstStrike(TM), 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 970 million euro in overpayments and is the
most widely used software of its type. For more information call
+44-1908-306270 or visit www.apexanalytix.eu (+1-800-284-4522 or
www.apexanalytix.com in the U.S.).

PRESS CONTACT:
    Linda Edgerton
    Linda Edgerton Communications
    +1-336-286-9211
    ledgerton@triadbiz.rr.com


    Web site: http://www.apexanalytix.eu
              http://www.apexanalytix.com

© PR Newswire Association LLC.

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