Press Release: ICM Corporate Plan Services LLC is acquiring Mission Mpower Inc. - 29 Jul 2010

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 Attachment.Attachment.


 

FOR IMMEDIATE RELEASE:


New York, NY, July 30, 2010 


 


ICM Corporate Plan Services LLC is acquiring Mission Mpower
Inc. 


The acquisition of Mission Mpower by ICM Corporate Plan
Services brings together two firms, each with  a  long  history  of 
expertise  in  equity  plan 
services,  to  serve  a  rapidly  changing  marketplace. 


 


 


The combined organization will specialize in assisting
corporations with customized stock plan services ‐‐  from administration to software to brokerage services.       


 


 


The combination of ICM Corporate Plan Services and Mission
Mpower will afford clients an array of services, all under one roof. Together,
they will service three distinct markets; corporate & private equity plans,
brokerage services, and equity service providers.   


 


 


The acquisition of Mission Mpower, with its state‐of‐the art
software platforms, “Equity Central” and 
“Wealth  Central,” will  provide ICM  Corporate 
Plan  Services  clients  with  equity
compensation administration, transaction services, employee communications,
consulting, and financial reporting.     


 


 


“ICM is now in the position to offer everything a corporation
needs to effectively manage their equity 
compensation plans, from software, to recordkeeping, to brokerage, to
participant services, to project 
management,” said Paul Buchbaum, President, and CEO of ICM Corporate
Plan Services. 


 


 


“The old business models don’t work in the new
economy," said Arnold Kingsberg, COO for Mission  Mpower and the newly named EVP and Chief Operating Officer
for ICM Corporate Plan Services. “Only 
those companies that can offer cutting‐edge, customized solutions will
be able to make the transition 
this market demands. By combining the companies now, we are uniquely
positioned to take advantage  of
the current market opportunities.”   


ICM Corporate Plan Services will continue to use an “Open
Architecture” approach to software, services,  and brokerage. This will allow their clients to choose
services that match their needs and goals.   


 


 


“For the first time,” Kingsberg stated, “clients can match
world‐class solutions without having to buy  features they don’t want.” 


 


 


 About ICM
Corporate Plan Services LLC.   


ICM 
Corporate  Plan  Services  LLC 
provides  stock  plan  software  and  services  to  public  and  private 
corporate issuers, brokers, and third party administrators. 


 


Contact: Paul Buchbaum, President, and CEO, ICM Corporate
Plan Services LLC. at 646.833.4920 



 


© 2010 ICM Corporate Plan Services LLC.

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