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CAPITAL ACCESS NETWORK AND CEO GLENN GOLDMAN NAMED FINALISTS IN 2010 AMERICAN BUSINESS AWARDS

Eighth Annual Stevie Awards will be presented on June 21 in New York City

NEW YORK - JUNE 1, 2010 - Capital Access Network, Inc. (CAN), parent company of AdvanceMe, Inc, leading provider of Merchant Cash Advances, and its Chief Executive Officer, Glenn Goldman were named finalists, respectively, in the Best Overall Company of the Year and Executive of the Year for the Financial Services category in The 2010 American Business Awards.

The American Business Awards is the nation's premier business awards program. All organizations operating in the U.S. are eligible to submit entries, whether public and private, for-profit and non-profit, large and small.

This year's Stevie Award winners will be announced during the annual gala on Monday, June 21, at the Marriott Marquis Hotel in New York City. More than six hundred executives from across the U.S.A. are expected to attend. The event will benefit Oceana (www.oceana.org), the largest international organization focused on ocean conservation. The ceremony will be nationally broadcasted on the radio by the Business TalkRadio Network.

More than 2,700 entries from organizations of all sizes and in virtually every industry were submitted for consideration in more than 40 categories, including Most Innovative Company of the Year, Management Team of the Year, Best New Product or Service of the Year, Corporate Social Responsibility Program of the Year and Corporate Environmental Responsibility Program of the Year.

CAN serves the small business market through its wholly-owned subsidiaries, including AdvanceMe, Inc., the leader in Merchant Cash Advances. The company also leverages leading edge data, systems and technology, married to a unique and highly effective collection methodology, to deliver innovative financial products and services geared to the small and mid-sized business markets. CAN's Data Services Division was formed to provide predictive analytics, scoring and other risk management tools to help quantify, control or reduce the exposure of those providing capital or credit to small and mid-sized businesses and to improve the marketing efficiencies of those who target such businesses.

Over the past four years, CAN and its subsidiary AdvanceMe, Inc., have created a legacy with the Stevie awards. AdvanceMe, Inc. was named a winner in the Best MIS & IT Organization category in 2007. Also, throughout 2008 and 2009 CAN and AdvanceMe have been named as finalists in the following categories: Best Marketing Campaign, Executive of the Year - Financial Services, Best Overall Company of the Year and Marketing Campaign of the Year for a Service.

"We are honored to be named finalists, for the second year in a row, in two strong categories for the 2010 American Business Awards and congratulate the other finalists," said Glenn Goldman, CEO of CAN. "Our team has been working hard for more than twelve years to help small and mid-sized businesses be successful. We are thankful for the recognition by the Stevie Awards for our efforts."

Members of the Awards' Board of Distinguished Judges & Advisors and specialized final judging committees will select Stevie Award winners from among finalists through May 28. Finalists were chosen by business professionals nationwide during preliminary judging in April and May.

Details about The American Business Awards and the list of Finalists in all categories are available at www.stevieawards.com/aba.


About Capital Access Network Inc.
Capital Access Network, Inc. (CAN) serves the small business market through its wholly owned subsidiaries, including AdvanceMe, Inc., the leader in Merchant Cash Advances. CAN leverages leading edge data, systems and technology, married to a unique and highly effective collection methodology, to deliver innovative financial products and services geared to the small and mid-sized business markets. Founded in 1998 and headquartered in New York, CAN and its subsidiaries currently employ 300 people in four locations in New York, Georgia, Massachusetts and Costa Rica. CAN's Data Services Division was formed to provide predictive analytics, scoring and other risk management tools to help quantify, control or reduce the exposure of those providing capital or credit to small and mid-sized businesses and to improve the marketing efficiencies of those who target such businesses. CAN's Data Services Division draws upon the data gathered by CAN's subsidiaries through 11 years of collecting and analyzing the sales trends and firmographics of tens of thousands of businesses to which they have provided capital or purchased future credit card receivables. Learn more at www.CapitalAccessNetwork.com.

About The Stevie Awards
Stevie Awards are conferred in four programs: The American Business Awards, The International Business Awards, the Stevie Awards for Women in Business, and the Stevie Awards for Sales & Customer Service. Honoring organizations of all types and sizes and the people behind them, the Stevies recognize outstanding performances in the workplace worldwide. Learn more about The Stevie Awards at www.stevieawards.com.
Sponsors and partners of The 2010 American Business Awards include Infogroup, Netezza, CIGNA, Citrix Online, Epic Advertising, High Performance Technologies Inc., imagistic, John Hancock, LifeLock, Lionbridge, PetRays, RCN, and SoftPro.

 

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