SOURCE: Eagle Technology Management, Inc.

Eagle Technology Management, Inc.

September 07, 2011 10:07 ET

ETM Achieves Another 33 Percent Growth With UPExchange

From 4,500 Subscribers to More Than 6,000 in Two Months

CEDAR RAPIDS, IA--(Marketwire - Sep 7, 2011) - After achieving 4,500 subscribers to UPExchange, its acclaimed service for unclaimed property reporting, in June, ETM now has more than 6,000 UPExchange subscribers. A software-as-a-service (SaaS) offering, UPExchange automates the management and reporting of unclaimed property to meet regulatory requirements. UPExchange is endorsed exclusively by NAUPA* (the National Association of Unclaimed Property Administrators).

"While we envisioned rapid adoption, we are most grateful for the market's acceptance of UPExchange," said Larry Kane, ETM's president. "The combination of intuitive user-friendliness, functional comprehensiveness, and dependable support has proven to be a winning one. We're grateful to NAUPA and our subscribers for the enthusiasm and their support."

UPExchange helps companies that hold unclaimed property automate their reporting in accurate accordance with state-sponsored regulatory changes. To meet end-user requirements, it's accessible from anywhere with just a browser and can be configured with all the fundamental capabilities unclaimed property professionals expect -- importing unclaimed property records while checking for errors, calculating dormancy requirements by state by property type, producing search letters, documenting due diligence activities, creating reports to each states specifications, and more. And with the combination of SaaS delivery and intuitive usability, many holders are up and running on UPExchange in as little as 60 seconds.

About ETM
ETM is a Web-application-development firm that specializes in providing financial reporting and tax-compliance services. ETM is dedicated to financial processing and reporting, making its clients more efficient, consistently accurate, and uniformly compliant. Founded in 2001, ETM now serves more than 7,500 companies in automating the administration and filing of financial information to meet numerous regulated reporting requirements. For more information, please visit www.byetm.com, call (800) 975-3245, or e-mail sales@byetm.com.

* NAUPA's endorsement pertains to the free holder-reporting software. Neither NAUPA nor its member states endorse any other products or services available to holders through ETM.

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