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A Powerful Combination - Corporate Audit Partners and Artesium Associates Join Forces to Deliver Global Cost Recovery Audits and Specialty Software

SAN JUAN CAPISTRANO, Calif. & BRACKNELL, England -- (Business Wire) -- Corporate Audit Partners LLC (CAP) and Artesium Associates Ltd. announced today that they have reached a definitive agreement to deliver cost recovery expertise and specialty software to clients globally.

"We are very pleased to announce this agreement with Artesium. Joining with Artesium enables CAP to continue to execute our long-term strategy to extend services globally. Our companies' reputations are recognized for providing superior service to clients. The combined resources of our two companies will enhance those reputations as audit service industry leaders," said Neil Loder, president and founder of CAP.

"We are excited to combine forces with CAP. With this agreement, we are able to share technology and resources on a larger scale to better serve our clients. When this opportunity surfaced, it was clearly the right direction for Artesium. We have always considered Neil Loder and CAP to be leaders in the audit recovery industry," said Ian Mathieson, managing partner, Artesium Associates.

In addition to working together to provide global services, synergies will be utilized to increase the suite of services provided to each client. Corporate Audit Partners and Artesium will share software and other technological advances to better serve their clients. The combined practices will provide audit expertise and specialty software in the areas of disbursements, supply chain, ship and debit, VAT, sales tax, telecom, contract compliance and property & utilities.

Corporate Audit Partners (www.corporateaudits.com) is one of the world's leading professional services firms, providing recovery audits, audit and financial reporting software and consulting worldwide. Neil Loder has had a distinguished career, starting in 1985 as one of the founding members of the audit recovery industry with Loder, Drew and Associates (LDA). CAP has the prestige of being the fastest-growing audit recovery firm in the United States.

Artesium Associates (www.artesiumreports.com) has a notable history of delivering exceptional financial cost containment and recovery services. Artesium specializes in large shared service center audits. Artesium Associates' team of experienced professionals consistently provides industry-leading methodology with an entrepreneurial flair.
Corporate Audit Partners, LLC