EASi Enhances ESPP Solution with February Release

Contact: Jennifer Lopez

EASi

jennifer.lopez@easiadmin.com

(925) 730-4223

EASi's February Release Adds Portal Functionality and Enhanced Reporting to ESPP Solution

New Tools Improve Self-Service, Ensure Compliance and Simplify Disposition Handling

Pleasanton, CA - February 21, 2012 - Equity Administration Solutions, Inc. (EASi), the largest independent stock plan software technology company in the world, today announced enhancements to its comprehensive ESPP solution that enable participant self-service, support more efficient disposition handling and simplify reporting.

The EASi Share Participant Portal offloads time-consuming tasks from Plan administrators. The portal now enables eligible employees to enroll, review plan documents, change payroll elections, view contributions, confirm purchases, track dispositions and see their full ESPP history. EASi also developed an automatic authentication process that instantly provisions a participant login and password, once the administrator has designated employee eligibility.

"We have incorporated ESPP requirements from clients and industry experts to ensure we've built the most comprehensive solution on the market for simplifying the complex processes of eligibility and enrollment through purchase and reporting," said Mark Ebersole, EASi's Chief Technology Officer. EASi clients realize a significant savings over administration fees charged by brokerage firms or transfer agents for enrollment and purchase calculations. EASi's solution can be used by companies on administration platforms other than EASi just for ESPP financial reporting. "EASi can import data from any platform (including participant history) or payroll provider, calculate the purchase, send the file to the broker and handle the financial reporting," Ebersole added.

The platform determines qualifying and disqualifying status of disposition shares and systematically tracks qualifying dispositions. EASi's tools support the participant survey process, making it easier to import responses and determine proper tax treatment.

In addition, EASi introduced a new disposition detail report and an offering period activation results report in its February product release. EASi's robust set of administrative and accounting reports keep administrators on top of enrollment, contributions, transactions, tax and IRS reporting requirements. EASi provides all the reports needed to effectively communicate with a client's payroll department, broker and transfer agent.

Equity Administration Solutions, Inc. www.easiadmin.com is the largest independent stock plan software technology company in the world. Unlike other technology providers, EASi works with any brokerage firm and does not derive any revenue from wealth management fees or trading commissions. A SaaS company, EASi set the standard in stock plan solutions with its comprehensive industrial strength platform that handles all the accounting, tax, administration, participant services and compliance needs of companies that grant equity awards. Headquartered in Pleasanton, CA, EASi serves more than 700 companies on five continents in over 20 countries with participants based in 70 countries and continues to lead the industry with second-to-none solutions in areas including FAS123R, IFRS2, Performance Awards, material modifications and WorkStream process automation. In 2011, EASi was ranked 174th on Deloitte's Technology Fast 500 ranking of the 500 fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. In 2010 Inc. Magazine ranked EASi 35th in the Financial Services industry segment and in the top 12% on its annual list of fastest growing private companies in America.