APRA and iLumen Announce Relationship to Deliver Financial Analysis and Benchmarking Services to Members
Connecting Members to a National Network of Private Companies
April 3, 2007, CHANTILLY, VIRGINIA - The Automotive Parts Remanufacturers Association (APRA), a non-profit trade association whose focus is to provide members with industry information and expertise, and iLumen, Inc., today jointly announced a relationship to provide access to the iLumen Financial Information Network to its members. APRA encourages innovative thinking to find new sources of income, to control costs, to enhance member service quality and to work more efficiently.
“Our goal is to give our members access to the information and resources they need to be successful,” said Bill Gager, President of APRA. “The iLumen Network provides a unique online community of private companies, business advisors and industry analysts that interact to share challenges and opportunities. The iLumen Network will give our members the insight into their business, industry and marketplace they need to make better decisions throughout the year.”
“APRA’s impressive history of serving their members and expertise in the industry makes them an ideal sponsor of the iLumen Network,” said Robert H. Woosley, Chief Executive Officer of iLumen. “By joining the iLumen Network, APRA members will have access to financial analysis, comparative benchmarking and trend analysis specific to the automotive parts remanufacturing industry. The iLumen Network not only gives private companies access to valuable information but also gives them the tools to help grow their businesses.”
“Today, businesses of all sizes must think like global players,” said Paul Schuck, Managing Director of Undercar Express and Chairman of APRA. “They must constantly look for ways to improve performance and efficiency while finding ways to innovate. To do all this, we must have real-time information and be able to see (and understand) our historical data and trends. The iLumen Network provides an easy to understand format with a simple upload process resulting in user-friendly information that is specific to our remanufacturing industry. I believe the ability to view this specific information will allow me to see industry information that will impact my company’s direction.”
About APRA
The Automotive Parts Remanufacturers Association (APRA) was founded in 1941 and has a membership of 1000 companies worldwide. Members rebuild/remanufacture automotive and truck related "hard" parts for passenger cars, trucks, off-road, marine, equipment and industrial uses. For more information go to www.apra.org or contact Bill Gager at gager@buyreman.com.
About iLumen
iLumen, Inc. (www.iLumen.com), an Atlanta-based financial services company, provides a financial information network that enables virtual business communities. iLumen allows private companies to submit, analyze, aggregate and deliver their financial data in collaboration with their trusted financial advisers including banks, accounting firms and other authorized third parties. iLumen connects private companies with leading accounting firms, financial institutions and industry partners in a secure online environment. The company utilizes proprietary (patent pending) technology and business processes to deliver the first and most widely used business financial network of its type.
For more information visit www.ilumen.com or call 888.663.8003. iLumen™ and iMonitor® are trademarks of iLumen, Inc., all rights reserved.






