Shared Service Week 2008 -- APEX Analytix, a leading provider of services and software used by shared services organisations to conduct accounts payable recovery audits, prevent payment errors and detect fraud, today announced that it has expanded its European customer base by signing six new clients during the first four months of 2008. The companies include leaders in the automotive, construction, defence, energy, food and pharmaceutical industries -- four of them ranked among the Global 1000. As a reflection of its growing commitment to Europe, APEX Analytix also unveiled a new regional website (www.apexanalytix.eu) for ready access to information about the company, its products and services. Both announcements were made today during Shared Services Week 2008 in Barcelona, an event sponsored by the Shared Services & Outsourcing Network. "The European Union (EU) represents a significant portion of the global economy, and we see strong demand for our services across member countries," said Michael Lustig, CEO of APEX Analytix. "Our recovery audit, payment error prevention and fraud detection solutions are used both by companies headquartered in the EU and by EU-based shared services centres that serve internal clients around the world. Delivering our full set of solutions to these organisations is expected to remain a key component of our growth strategy." APEX Analytix is the industry's fastest-growing provider of recovery audit and fraud detection services. The company is also the industry leader in software for error prevention and fraud detection. In fact, the company's pioneering FirstStrike(TM) application suite has led a veritable paradigm shift in shared services organisations by helping companies detect and prevent fraud and overpayment problems as part of the regular business day -- before losses have occurred. To date FirstStrike(TM) has helped 40 of the company's largest corporate clients save millions of Euros. Two years ago APEX Analytix opened a European headquarters in Milton Keynes, Buckinghamshire in the United Kingdom. Since that time, the company has worked with some of the largest and most prestigious organisations in Europe -- including clients in Belgium, the Czech Republic, France, Germany, Hungary, Ireland, The Netherlands, Poland, Portugal, Spain, Switzerland and the United Kingdom.

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 fraud detection and audit recovery industry with FirstStrike(TM), 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 has saved businesses more than 970 million euro in overpayments and is the most widely used software of its type. For more information call +44-1908-306270 or visit www.apexanalytix.eu (+1-800-284-4522 or www.apexanalytix.com in the U.S.).
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