SOURCE: Equity Administration Solutions Inc.

Equity Administration Solutions, Inc.

August 29, 2013 10:00 ET

Equity Administration Solutions, Inc. Books Record Quarter

Equity Compensation Software Leader Announces Significant Investments in Customer Success

PLEASANTON, CA--(Marketwired - August 29, 2013) - Equity Administration Solutions, Inc. (EASi), the largest independent equity compensation software-as-a-service company, today announced a record-breaking second quarter in new customer bookings as well as significant investments in the success of its customers, who use the EASi software to streamline and simplify how they track, manage and report on stock compensation.

New customers for the quarter included Globalstar, Global Glass and Copper, Pegasystems, and many others. These customers join EASi's current roster of clients which include public companies such as Con-way, Wynn Resorts, and Belden, as well as privately-held companies such as GrubHub, TriNet, and Zscaler.

In light of its rapidly expanding customer base, EASi has made significant investments in people, new offerings, and a new operations center in Sacramento, California -- all designed to drive customer success. Specific initiatives and plans include:

  • Expanding its team of implementation consultants and doubling its client relationship team,
  • Launching new professional service offerings and a broader set of training solutions,
  • Opening a new operations center to cultivate best-in-class processes across customer implementations, support, advisory services and education, and
  • Increasing training and certification programs for its service partners, who are pivotal players in the success of EASi customers.

"The aim of our new investments is to help EASi's customers maximize the value from our applications and efficiently manage their equity compensation administration and reporting processes," said Jorge Martin, senior vice president of services and support for EASi. "The company's rapid growth demands an increasing level of customer focus and support, which is what these investments will deliver."

About EASi:
Equity Administration Solutions, Inc. (EASi) is the largest independent stock plan software company in the world. It offers an intuitive, time-saving solution, based on sound accounting principles, which ensures compliance with all financial reporting and SEC rules and regulations. Combining robust web-based technology with in-depth financial expertise, EASi provides both public and private companies with a flexible solution that allows clients to work with the broker of their choice.

Since its founding more than 10 years ago, EASi has focused exclusively on equity compensation management, offering clients insights to strategically manage their programs. EASi now serves more than 800 companies on five continents in over 20 countries and continues to lead the industry with solutions in areas including ASC718 (FAS123R), IFRS2 and performance awards. For more information, visit www.easiadmin.com.

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