iLumen:PressReleases

11.20.2007 - The Precision Machined Products Association Joins the iLumen Financial Information Network

Delivering Valuable Business Intelligence to the Precision Machined Products Industry

November 20, 2007, Atlanta, GA – The Precision Machined Products Association (PMPA) and iLumen, Inc. announced today an agreement that gives PMPA members access to the iLumen Financial Information Network. PMPA members represent a diversified manufacturing base that produce highly engineered components to customer specifications.

The iLumen Network connects private companies with their financial performance, industry peers and business advisors. PMPA members that benchmark through the iLumen Network will be able to view industry-specific dashboards on their financial performance, and compare their performance to industry averages. The iLumen Network also provides analysis and commentary on trends in the precision machined products industry along with the ability to collaborate with other PMPA members, industry experts and business advisors through surveys and online forums.

“Our members are under tremendous pressure to complete globally and our goal is to provide them with the information and resources they need to maintain their competitive advantage,” said Miles Free, Director of Industry Research and Technology of PMPA. “The iLumen Network will give our members unique insights into their businesses by helping them understand the numbers behind the trends and what areas they need to focus on to improve their financial performance.”

“PMPA is dedicated to helping their members leverage their core strengths and identify areas of improvement,” said Robert H. Woosley, Chief Executive Officer of iLumen. “The iLumen Network gives members the ability to view key performance trends on their businesses, compare those trends to industry peers and then collaborate with their business advisors, such as their board of directors, management team or accountant, to make more informed financial decisions.”

“Having a more complete understanding of financial opportunities and challenges is key to helping our members to become more competitive and sustainable,” said Free. ”By joining the iLumen Network, our members will benefit from valuable business intelligence and a more streamlined process for real-time benchmarking.”

About PMPA
The PMPA is an international trade association representing the interests of the precision machined products industry. Founded in 1933 (formerly the National Screw Machine Products Association) the association is known today as the premier provider of programs and services for the industry. Through dissemination of the latest technological advancements, government regulations, benchmarking, business intelligence and management information, PMPA members stay ahead of the curve, ready to compete on a global scale.

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.