API Outsourcing, Inc. (API) is a leading business process outsourcing (BPO) provider in finance and accounting outsourcing (FAO) supporting both front and back office automation through a combination of scalable technology and labor. Cost reduction, improved controls and streamlined processes are achieved by transforming manual, paper-based document management, accounts payable, accounts receivable and accounting services to innovative web-based processes. (Ranked #1 in Innovation in the The Black Book of Outsourcing.) The combination of API's infrastructure and support team provides flexibility by allowing customers to choose which functions to outsource within their accounts payable or accounts receivable department.

API's Services are provided on a transactional pricing model which eliminates upfront capital expenditures for hardware and software and converts a fixed cost to a variable cost. These solutions provide customers with increased information accuracy, significant cost savings, and more time to focus on their core business. API currently processes millions of transactions annually and uses Six Sigma practices for high quality, consistent service. API's annual SAS 70 Type II audits provide customers with confidence that their transactions will be processed and maintained accurately, predictably and safely.

API uses its extensive experience and best practices to provide customers with world-class service. API defines success by satisfied customers and dedicated loyal employees. The following are key highlights regarding API:

• Proven Services - API's core service offerings of document management, accounts payable, accounts receivable and accounting services was designed and built to be efficiently implemented, easily and flexibly used by customers, with secure and reliable standards. While API continues to add features and functions to its services, they all have proven their functionality and reliability in customer implementations and retain their ease-of-use quality. The breadth of API's service offerings rivals that of any other company.
  
• Stable, Robust and Scalable Technology Platform - API has strategically invested in redundant data centers, data communication, computing, imaging, storage, security and disaster recovery technology to assure customers of its ability to provide scalable services which meet their rigorous needs for reliable production support. Most importantly, API has developed proprietary mission-critical software which provides a common workflow engine and information storage system which is used in all services to provide seamless end-to-end service with minimal customer integration requirements.
• Blue Chip Customer Base - API counts among its satisfied customers companies like Fifth Third Bank, Randstad, Delta Airlines, Lee Enterprises, Gannett, AMN Healthcare, Hearth & Home, Kohler, G&K Services, Sirius XM Satellite Radio, Spectrum Brands and NASDAQ. This does not include the numerous customers which we work with on a confidential basis.
• Proven Proprietary Implementation Process with Outstanding Results - API has garnered numerous customer testimonials for its flawless implementation process. Implementations can be completed in as quickly as 2 weeks and begins with a thorough and rigorous understanding of the customer's requirements. The requirements phase is an upfront service which analyzes the customer's current processes, recommends new, more efficient processes and creates the technical specifications for configuration and testing. API's processes produce exceptional results.