NISCO Recently Featured In The Washington Post

Launches mBill™ Platform 2.0

FAIRFAX, VA – September 15, 2004 – NISCO today announced its release of version enhancements to its mBill™ Platform 2.0 - the industry’s only 100% paperless solution for enterprise cost management and revenue assurance solution. This new release of mBill™ Platform 2.0 integrates the auditing, reporting, disputing and processing of invoices, completely eliminatingthe manual processing of paper invoices with state-of-the-art imaging, OCR technologies and neuro-scripting, and enabling accurate invoice processing.

One of the biggest challenges companies face today is improving their bottom line, managing their corporate-wide spend and the multitudes of paper that accompany such. The mBill™ Platform2.0 is a comprehensive enterprise cost management solution designed to facilitate a completely paperless procurement to payment process. The industry’s only J2EE web-based platform allows users to view invoice details, configure audits, analyze errors, file disputes, reconcile credits, allocate expenses, manage inventory, verify rates and manage contracts. The XML driven Dashboard and reporting tools provide executives visibility to invaluable spend data.

"Since early 2001, NISCO clients have leveraged modules within the mBill™ Platform. Integratingthese modules onto one platform allows for greater scalability across organizations" said Sundeep Sanghavi, CEO at NISCO. "The enhanced capabilities of the mBill™ Platform 2.0, is the foundation needed to continue our mission of increasing efficiencies, while reducing costs and significantly impacting the bottom line for our clients, today and well into the future."

NISCO’s continual development of innovative technology, its unparalleled industry expertise, and its fast growing list of marquis clients, differentiates itfrom the typical Total Telecommunication Cost Management (TTCM) Solution Provider. Companies are making decisions to not only utilize the telecommunications module of the mBill™ Platform, but leverage it across multiple cost centers within their organizations, increasing the ROI and directly impacting their bottom line™. NISCO is rapidly gaining increased visibility through its recent nomination as finalists for the 2004 American Business Awards Best Product of the Year, and recent acknowledgement by The Washington Post in a feature article, Keeping Tabs on Invoices to Avoid Billing Errors, By Yuki Noguchi.

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