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EASi Celebrates Five Years in Business 5 December 2007

Source: EASi
FOR IMMEDIATE RELEASE
Contact: Amy Damianakes, amy@damianakes.com,  (925) 937-4561

EASi Celebrates Five Years in Business Doubles Customer Count Since June and Enhances Flagship Product.

Pleasanton, CA – January 15, 2008 –Equity Administration Solutions, Inc. (EASi), today announced the release of the latest version of its stock option expensing and administration software which coincides with the company’s five year anniversary and 200th customer milestone.

EASi made several enhancements to its collaborative web-based software product. Release functionality included a new Company Notification Center which enables authorized users to set up standard or customized automatic email notifications triggered by 11 common events. In addition, the company now provides direct access to the EASi Importer tool for efficient and accurate loading of participant and transaction information. Other changes include ISO $100,000 limit compliance with automated split-off of nonqualified stock option grants interactively linked to adjust upon subsequent ISO grant changes, liability award and performance award updates plus additional report filtering and new Plan Activity Summary and RS Cancellation reports.

“Our commitment to building the best-in-class product to set the new industry standard is driving these enhancements” explains EASi CEO, Vito Palmieri. “Our roadmap will bring even greater employee self-service and Performance Award functionality in the New Year.”

Equity Administration Solutions, Inc. sells industrial strength stock plan expensing software designed to handle the accounting, tax and administration needs of companies that grant equity awards. Headquartered in Pleasanton, CA, EASi is setting the new standard by delivering the most complete FAS123R solution available; addressing valuation, expensing, tax, dilution and disclosure.

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