API Outsourcing Secures Contract With Katun Corporation

ST. PAUL, MN, Jun 17 (MARKET WIRE) --
API Outsourcing Inc. (API) (http://www.apifao.com), a leading finance and
accounting outsourcing (FAO) provider of state-of-the-art document management,
accounts-payableprocessing solutions and billing, today announced that
Minnesota-based
Katun Corporation has signed a multiyear service agreement to utilize API's
document
management solution. Katun Corporation, the world's leading alternative supplier
to
the office equipment industry, will utilize API's document indexing and
archiving
capabilities.

"We chose API because of their industry experience and reputation for
keeping
customers satisfied," said Jan Bolin, VP corporate controller, Katun
Corporation. "By
utilizing API's services, we will significantly reduce our operating costs and
improve
financial controls. In addition, the service will help us reduce errors,
eliminate duplicate payments, meet applicable requirements of the
Sarbanes-OxleyAct and improve management of the day's payable outstanding (DPO),
all while
providing an electronic audit trail."

API will deliver a front-end workflow solution for Katun's automated
accounts
payable processes. All invoices from Katun's vendors will be sent directly to
an onshore API service delivery center, where the processes of collecting
invoices,
document prepping, scanning, indexing, and archiving the documents for
approval and payment will be performed by API staff.

About API Outsourcing

API Outsourcing Inc. is a leading onshore outsourcing provider of
state-of-the-art document management, accounts payable processing solutions, and
billing. By transforming manual, paper-dependent billing and payable processes
through our proprietary imaging, printing and workflow systems, clients are able
to
minimize the labor-intensive work associated with back-office processing.
Clients
have more time to focus on their core business. Benefits include reduced
processing costs of 30 to 60 percent, increased business intelligence and
improved
vendor relationships. API is a finance and accounting outsourcing (FAO)
company headquartered in St. Paul, Minn. API Outsourcing currently processes
millions of transactions annually and uses Six Sigma Techniques for
high-quality,
consistent service.

About Katun

Headquartered in Minneapolis, Katun Corporation is the world's leading
supplier
of OEM-compatible imaging supplies, photoreceptors, fuser rollers, parts, and
other select products and services for the office equipment industry. With
nearly
three decades of expertise, Katun serves more than 18,000 customers in more
than 150 countries.

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Contact:
Jennifer Schwegman
KC Associates, LLC
(651) 247-6640
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