NISCO Named as Finalist in 2004 American Business Awards

The Stevies will be presented on May 10, 2004 in New York City

FAIRFAX, VA – May 11, 2004 – NISCO, The Blueprints for Your Bottom Line™ company, today announced its nomination as a Finalist in the second annual American Business Awards for its innovative mBill™ technology.

The American Business Awards are the first national, all-encompassing business awards program honoring great performances in the workplace. Winners will be announced during presentations on Monday, May 10 in New York City.

More than 850 nominations from companies of all sizes, and in virtually every industry, were submitted for consideration in more than 40 categories. NISCO will be competing in the Best New Product or Service category for their mBill™ product.

“We are honored that mBill™ has been selected as a finalist,” said Sundeep Sanghavi, CEO of NISCO. “Our dedicated team worked very hard to develop an innovative, high-quality product, and it is great to see them get the recognition they deserve.”

NISCO’s mBill™ is a fully-customizable invoice-digitization product for the telecommunication industry, created to address the issue of paper-invoice volume from vendors who do not comply with electronic standards such as CABS, SECAB, & EDI. The overwhelming increase in paper invoices is a problem which plagues companies worldwide, and through the use of mBill™, companies can digitize 100% of their invoice processing to realize significant benefits to both their bottom line and overall business process.

Details about The American Business Awards are available at www.stevieawards.com/aba.

About NISCO

Based in Fairfax, Virginia, NISCO is focused on delivering the only 100 percent paperless and J2EE web-based enterprise financial assurance management platform. Named as a finalist for the 2004 American Business Awards Best Product of the Year, NISCO's software platform is designed to perform complete procurement to payment processing, while providing visibility to valuable financial data and analysis. NISCO prides itself in providing managed service and technology solutions that pay for themselves in less than twelve months. Clients include several Fortune 100 companies, as well as the largest IT consulting company in the world. Founded in 2001, NISCO combines superior technology with unparalleled cost management expertise to deliver optimal solutions for enterprise, telecommunications, and government clients. NISCO (www.niscosolutions.com) is a privately-held company and has offices in Fairfax, VA; Bangalore, India; San Ramon, CA; Denver, CO; Woodbury, CT; and Rochester, NY.

NISCO Public Relations Contact
Rachel Kelley
(703) 995-5900