15 Jan 2009

ADX is pleased to announce the signing of Johnson & Johnson Vision Care (“JJVC”) on our ADX-MAR and receivables outsourcing service through our sister company, Melioris Private Limited.  With this signing, JJVC will be using our ADX-MAR solution for the collection of all receivables from all JJVC customers in Singapore.  ADX 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 our continued momentum and leadership in the receivables and collections management arena for the enterprise market. This is especially important and shows ADX’s value to help our clients in this difficult and volatile environment, given the current state of economic downturns and financial turmoil” said Mak Chee Wah, CEO of ADX.