15 Jan 2009

Melioris is pleased to announce the signing of Johnson & Johnson Vision Care (“JJVC”) on our ADX-MAR and receivables outsourcing service.  With this signing, Melioris will be responsible for the management of the receivables process using our ADX-MAR solution as well as the follow-up and collections of all receivables from all JJVC customers in Singapore.  Melioris aims to help JJVC improves the effectiveness of the receivables and collections processes through improvement of DSO ratios as well as improvement in customer management.

“We are extremely delighted to have Johnson & Johnson Vision Care as one our valued clients.  Having JJVC shows Melioris continued momentum and leadership in the receivables and collections management arena for the enterprise market. This is especially important and shows Melioris commitment and experience to help our clients in this difficult and volatile environment, given the current state of economic downturns and financial turmoil” said Mr Yue Yew Hoong, Melioris’ Director of Asia Pacific.