BDO Seidman, LLP to Implement iLumen's Financial Information Network


ATLANTA, Dec. 12, 2005 (PRIMEZONE) -- iLumen, Inc. announced today that BDO Seidman, LLP, one of the nation's leading professional services firms providing assurance, tax, financial advisory and consulting services, will roll out iLumen's client financial monitoring and benchmarking service to private company clients served from their Chicago, Dallas and Orange County, CA offices.

"BDO Seidman has always been focused on providing our clients with the highest quality of service, and new technologies like iLumen are helping us deliver on that promise," said Mark Mayberry, Assurance Partner, BDO Seidman. "The initial roll out of iLumen's services to three of our offices is further evidence of our commitment to quickly identify and respond to the changing needs of our mid-market clients."

"BDO Seidman is a firm that is recognized and respected worldwide. Their decision to deploy iLumen's services is further validation of the importance of providing a seamless flow of financial information between private company clients and their most trusted business advisors," said Robert H. Woosley, Co-Founder and Chief Executive Officer of iLumen.

"Being able to electronically access interim financial information and analysis regarding our clients throughout the year is key to delivering the proactive communication and advice our clients expect," said Stephen Ferrara, Partner and Central Region Assurance Leader, BDO Seidman, Chicago. "iLumen's services will help enable us to easily access that valuable information to better serve our private company clients."

About iLumen

iLumen, Inc. is a financial information technology company that delivers and manages private-company data gathering and analysis solutions designed to solve critical problems in risk management, financial compliance and financial oversight within the banking, accounting and corporate environments. iLumen's services are based on a proprietary (patent pending) data warehousing engine known as iMonitor(r) that automates and standardizes the gathering, mapping, analysis and benchmarking of electronic accounting data from private companies.

iLumen(tm) and iMonitor(r) are trademarks of iLumen, Inc., all rights reserved.

About BDO Seidman, LLP

BDO Seidman, LLP is a national professional services firm providing assurance, tax, financial advisory and consulting services to a wide range of publicly traded and privately held companies. Guided by core values of integrity, trust, professionalism, independence and service for more than 90 years, we have provided quality service and leadership through the active involvement of our most experienced and committed professionals.

BDO Seidman serves clients through more than 30 offices and 250 independent alliance firm locations nationwide. As a Member Firm of BDO International, BDO Seidman, LLP serves multi-national clients by leveraging a global network of resources comprised of more than 600 member firm offices in 105 countries. BDO International is a worldwide network of public accounting firms, called BDO Member Firms, serving international clients. Each BDO Member Firm is an independent legal entity in its own country.



            

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