Emagia CEO Veena Gundavelli to Present ''How to Plan, Build and Manage A Finance Shared Services Center of Excellence'' at IQPC Shared Services Week 2006.

SANTA CLARA, Calif. -- Thought Leading Presentation to Provide Financial Professionals With Leading Best Practices on Leveraging Specialized Technology for Finance Shared Services 

Emagia Corporation, the leading provider of Financial Performance Management Solutions, announced today that Veena Gundavelli, CEO of Emagia, will present, "How to Plan, Build and Manage a Finance Shared Services Center of Excellence" at the annual IQPC Shared Services Week 2006 conference on March 27-31, 2006. This presentation will include a lecture and workshop to provide finance professionals with best practices on leveraging specialized technology for finance shared services. The presentation will take place on March 27, 2006 at the Disney Yacht & Beach Club, Orlando, Florida, from 5:45 p.m. to 8:45 p.m.

Key discussion points for this informative presentation and workshop will include:

--How Finance Shared Services are elevating global working capital management to drive strategic value for the enterprise.

--The role of technology in automating and enhancing global Shared Service Centers and finance functions such as credit, billing, collections, dispute management and payables.

--Best practices in establishing performance metrics and Service Level Agreements to drive Finance Shared Services to higher levels of efficiency.

"Finance Shared Services are in a unique position to improve the financial performance of a company significantly beyond cost containment. Back-office finance processes lockup significant amount of working capital. Driving efficiency and productivity in these processes leads to unlocking millions of dollars of cash for organizations," said Ms. Gundavelli. "This forum will enable Emagia to share the latest research into what leading companies are doing to transform Finance Shared Services around working capital processes into a source of sustainable value by leveraging specialized technology."

Emagia customers such as Solectron, Textron, Sun Microsystems, Celestica, Parker Hannifin, Compucom, Syngenta and Volt Information Sciences utilize the Emagia solution to drive financial services consolidation and power Finance Shared Services Centers.

Gundavelli's presentation is also available with registration at www.emagia.com/iqpc.

Veena Gundavelli will be available for interviews during the IQPC Shared Services Week 2006. To schedule a meeting, contact Donna Michaels at [phone] or [e-mail].

About Veena Gundavelli

Veena Gundavelli is the Chairman and Founder of Emagia Corporation, a leading provider of Financial Performance Management Solutions. Veena Gundavelli has extensive experience in the software industry with a strong business management background combined with solid technical expertise. A visionary and seasoned entrepreneur, Veena founded Emagia in 1998. Under her leadership and vision, Emagia established itself as the leader in Enterprise Cash Flow Management area with leading edge products and a marquee Fortune 100 and Global 2000 customer base. Prior to founding Emagia, Veena was a cofounder and vice president of Solix Technologies, a leading provider of enterprise applications services. Before Solix Technologies, Veena held several management and development roles at Cisco Systems, Canon Information systems and other companies. Veena holds a MSCE from Santa Clara University and a BSEE from Osmania University.

About Emagia

Emagia Corporation is the leading provider of cash flow performance management solutions that streamline and automate working capital processes for Fortune 2000 enterprises. Emagia solutions include receivables, credit, collections, deductions, customer financials service, payables, cash forecasting and cash flow analytics. Emagia solutions allow companies to realize significant benefits including maximizing cash conversion efficiency, facilitating strong internal controls for financial reporting, mitigating credit risk, reducing DSO, bad debt write-offs, reducing operating costs on order-to-cash and procure-to-pay processes. World-class enterprises use Emagia solutions to strengthen and accelerate corporate initiatives around cash flow management, Six Sigma, shared services, and Sarbanes-Oxley compliance. Emagia products seamlessly integrate with SAP, Oracle, PeopleSoft, Baan, JD Edwards, Geac, BPCS, QAD/MfgPro and other back-office financial systems. Emagia software solutions can be deployed using standard enterprise license models as well as in hosted on-demand model. Emagia's customers include Global 2000 companies such as SUN Microsystems, Textron, Parker Hannifin, Solectron, Celestica, Autodesk and others.