Clark, Schaefer, Hackett & Co. Implements the iLumen Financial Information Network


ATLANTA, Nov. 28, 2006 (PRIME NEWSWIRE) -- Clark, Schaefer, Hackett & Co., one of Ohio's largest professional services and accounting firms, and iLumen, Inc. jointly announced today that Clark, Schaefer, Hackett & Co. will implement the iLumen Financial Information Network. Clark, Schaefer, Hackett, a founding member of AGN International, will use iLumen's service to better understand their clients' financial challenges and opportunities throughout the year.

"Clark, Schaefer, Hackett & Co. is a firm focused on helping our business clients reach their unique financial goals," said Bill Schmidt, Shareholder. "By implementing the iLumen Network in our Cincinnati office, we are using leading edge technology to more efficiently collect and analyze interim financial information from our business clients within our Audit & Assurance practice. We see the iLumen Network as a key element in our commitment to continually enhancing our client relationships."

"As a leading consulting and accounting firm, Clark, Schaefer, Hackett & Co. is an ideal partner for the iLumen Network," said Robert H. Woosley, Co-founder and Chief Executive Officer of iLumen. "By implementing iLumen's client financial monitoring and benchmarking service, Clark, Schaefer, Hackett & Co.'s CPAs will enhance service to their existing clients and be more successful when competing for new business."

"The iLumen Network delivers the largest online financial benchmarking network for private companies across all industries - something no one firm could do on their own," said Schmidt. "By taking advantage of this valuable industry benchmarking analysis we will be able to have a complete understanding of the financial environment for each of our business clients."

About Clark, Schaefer, Hackett & Co.

Founded in 1938, Clark, Schaefer, Hackett & Co. is one of the top 50 CPA firms in the nation operating five offices throughout the state of Ohio - Cincinnati, Dayton, Springfield, Middletown and Columbus. The firm also serves clients in Kentucky and Indiana.

Clark, Schaefer, Hackett & Co. is a founding member of AGN International. Through AGN, the firm has contacts throughout the country and the world, giving access to a vast association of accounting professionals and their firms. For more information, go to www.cshco.com.

About iLumen

iLumen, Inc. is a financial information network 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.

For more information, visit www.ilumen.com or call 404-446-1600. iLumen(tm) and iMonitor(r) are trademarks of iLumen, Inc., all rights reserved.


            

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