GREENSBORO, North Carolina, February 10 /PRNewswire/ --

- APEX Analytix strengthens global audit services and protects client
earnings with powerful new features for FirstStrike(R) software

As the global economic crisis deepens, cash-strapped and results-focused
Global 1000 companies are turning to technology-enabled audits to help them
protect their bottom line. By doing so, they can speed the recovery of lost
profits and stem future losses from overpayments and fraud.

To respond to this burgeoning market need, APEX Analytix is introducing
broad new features for its FirstStrike(R) Accounts Payable, Purchasing and
Fraud Detect software. The FirstStrike(R) family brings automation to the
labor-intensive accounts payable and recovery audit industries by proactively
detecting and resolving a wide range of procurement and payment errors.
Client companies report more than US$2 billion in documented savings to date
-- often realizing a total return on their investment in days or just a few
weeks after adding FirstStrike(R) to their operations.

"We've experienced double-digit growth in our recovery audit business
over the past year, as we help our clients identify, recover and prevent
losses from overpayments and fraud," said Michael Lustig, CEO of APEX
Analytix. "Clients who implement FirstStrike(R) within their accounts payable
or Shared Services organizations experience a rapid return on investment --
with tangible results and a lasting impact on profitability."

FirstStrike(R) 9.0 includes a wide new range of features:

-- Faster Return on Investment. New import features make it a snap to 
       load accounts payable and purchasing data into FirstStrike(R) -- with 
       minimal impact on a company's operations and little or no IT team 
       intervention. That means a much faster return on investment.

    -- Improved Escheatment Tracking. New commodity tracking capabilities,
       descriptions and detailed vendor histories make it easier than ever to
       identify and take action on uncashed checks.

    -- Expanded Goal-Driven Reporting. A broader range of preconfigured
       reports are available to drive performance improvements and track 
       progress. Companies can use FirstStrike(R) reports to clean up their 
       master vendor file, manage "days payable outstanding" and even 
       increase the use of electronic invoices. All reports can now be 
       exported in an XML format.

    -- New International Tax Capabilities. With expanded management and
       reporting capabilities for the Value-Added Tax (VAT) systems used by 
       the European Union, companies can systematically track tax payments 
       and manage related claims, credits and overpayments to be recovered.

    -- Proven Fraud Detection Capabilities. Research by the Association of
       Certified Fraud Examiners shows U.S. organizations alone lose an 
       estimated seven percent of revenues annually to fraud. By 
       collaborating with industry partners and analyzing the fraud schemes 
       detected by FirstStrike(R), APEX Analytix has developed significant 
       new prevention techniques. FirstStrike(R) 9.0 analyzes key supplier 
       demographic data and tackles potential collusion by monitoring 
       employees who approve fraudulent invoices. The software also offers 
       broader protection against inadvertent payments to sanctioned
       individuals or companies.

Companies who choose to safeguard their earnings with FirstStrike(R) have
a number of options for doing so. They can schedule an APEX Analytix audit
powered by FirstStrike(R), license the software or use it over the Web as a
managed service.

FirstStrike(R) 9.0 will be demonstrated during the National Association
of Purchasing and Payables conference February 8-11 in New Orleans
(http://nappconference.com) and the IQPC's 2009 Shared Services Summit
February 9-11 in London (http://www.ssonsummit.com).

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(R), 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(R) has
saved businesses more than US$2.0 billion in overpayments and is the most
widely used software of its type. For more information, call +1-800-284-4522
or visit www.apexanalytix.com.

PRESS CONTACT:
    Linda Edgerton
    +1-336-286-9211
    linda@edgertoncommunications.com