PLEASANTON, Calif. and MOUNTAIN VIEW, Calif., Dec 16, 2008 /PRNewswire via COMTEX/ --
Equity Administration Solutions, Inc. (EASi), and SOAProjects today announced
plans for a global partnership that leverages EASi's stock plan management
software and the expertise of SOAProjects, a Risk Advisory Services firm
supporting; Finance & Accounting, IT and outsourced Equity Administration
Accounting.

Historically, accounting firms and software companies have worked
independently and have not been able to help clients fully capture operating
and cost efficiencies. SOAProjects and EASi will offer a joint solution to
their clients to more effectively support their complete equity administration
and accounting needs, including FAS123R compliance.

"A strategic partnership with EASi will provide the benefits of one-stop
shopping to clients who need the right combination of tools and resources to
manage their equity compensation," said Manav Singh, Partner at SOAProjects.
"In today's current economy we have to provide leveraged solutions to bring
value to a client and help them with overall cost reduction. With EASi
software support, we will be able to deliver a comprehensive solution."

"We are pleased to add SOAProjects to our roster of premier partners. The
global expertise they bring in auditing, IT and stock plan management will be
highly valued by our growing number of customers around the world," explained
Michael Guerra, Senior Vice President of Business Development of EASi.
"SOAProjects understands the regulatory requirements, worldwide, which gives
peace of mind to clients that must ensure they properly meet the standards and
prepare for the introduction of IFRS 2."

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 delivers the most complete FAS123R solution available; addressing
valuation, expensing, tax, dilution and disclosure serving nearly a million
participants in more than 60 countries spanning four continents.

SOAProjects is a leading accounting and finance firm providing risk
management consulting services, technical accounting support and information
technology expertise. The team at SOAProjects, headquartered in Mountain View,
CA, brings strong analytical skills and extensive experience in providing high
quality services, with three U.S. offices and four International locations, to
support our clients' needs overseas. The team is comprised of former Big Four
senior managers and directors, with decades of public accounting and industry
experience, providing highly skilled resources at competitive rates.

     Contact: Amy Damianakes
              EASi
              amy@damianakes.com
              (925) 937-4561

     Contact: Chuck Bajaj
              SOAProjects, Inc.
              Cell - 714.609.6811
              cbajaj@soaprojects.com

SOURCE Equity Administration Solutions, Inc.; SOAProjects SM

 http://www.easiadmin.com