CompIntelligence, Inc. and My Equity Comp, LLC Form Partnership
New Canaan, CT / Folsom, CA (PRWEB) September 25, 2012
CompIntelligence, Inc. and My Equity Comp, LLC ("MEC") have entered into a partnership to mutually enhance their capabilities to provide leading-edge equity compensation consulting products and services to their clients and partners.
Going forward, MEC will leverage CompIntelligence's product, CompXchangeTM, the industry's leading solution for HR and Payroll integration to major stock administration platforms, to enhance its ability to deliver services to its customers. CompIntelligence will utilize MEC's current leadership position in Section 6039 filing and fulfillment, to jointly provide a competitively priced, quality solution to corporate clients and partners. MEC has presented on 6039 at several industry events including NASPP webinars and chapter meetings, Solium Transcentive's Synergy Conference, and the SEC Professionals Group.
"We see this as a win-win-win", stated CompIntelligence Managing Director, Sean Lembree, "in which CompIntelligence, My Equity Comp, and our clients and partners all gain opportunity and benefits. With their experience, network, and highly regarded reputation, we believe that partnering with My Equity Comp perfectly aligns with CompIntelligence's commitment to service and our customers."
Keyoor Mankad, Founder and President of My Equity Comp, agrees, saying "CompIntelligence's unparalleled technical expertise is a perfect match for My Equity Comp and its clients. I believe this partnership will take us and our clients to a completely new level, tremendously enhancing service capabilities across the board. We are a perfect complement to one another."
About CompIntelligence
CompIntelligence is a financial solutions company providing equity compensation solutions for companies ranging from small public and private companies to Fortune 100 companies since 2002. By consistently delivering quality products and exceptional customer service, CompIntelligence has become one of the leading independent service and solution providers in the Equity Compensation industry. CompIntelligence is based in New Canaan, Connecticut with additional locations in Oxford CT, New York, New Jersey, Chicago, Florida and Texas. For more Information, visit http://www.compintelligence.com or contact them at 203.888.1667.
About My Equity Comp
My Equity Comp is a professional consulting organization that has been providing services and products to private and public companies who maintain equity compensation programs for their employees since 2005. Over the last two years, MEC has established itself as one of the industry leaders in Section 6039 IRS Form Filing and mass mailing services. In addition to offering an array of IPO services, training, and database consulting, My Equity Comp also provides stock administration services to companies who need temporary help or are looking to fully outsource the stock administration function on a longer-term basis. MEC is based in Folsom, California with a satellite office in Kansas. For more Information, visit http://www.myequitycomp.com or contact them at 888-837-2667.
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Dear Gary:
Grants of equity compensation create substantial value to the employee, whether the grants are ESOs, SARs, Restricted stock or RSUs.
But along with that value come a substantial risk that the grantee may lose all of the value in the case of ESOs and SARs and the grantee may lose a substantial part of the value in the case or Restricted Stock and RSUs.
Does your company, in the design of the Equity Compensation plan, ever give substantial consideration to how some of the risks of loss of value can be efficiently managed or reduced by the grantee/employee?
John Olagues