SOURCE: Eagle Technology Management, Inc.

Eagle Technology Management, Inc.

October 09, 2013 11:44 ET

ETM Puts 25 States Into Production on UPExpress

Online, Electronic System for Unclaimed Property Reporting and Payment Remittance

CEDAR RAPIDS, IA--(Marketwired - Oct 9, 2013) - ETM, developer of UPExchange for unclaimed property reporting -- and Wings Plus for financial reporting and tax compliance -- has now connected 25 of the 50 United States to UPExpress. (The U.S. states account for 50 of the unclaimed property reporting jurisdictions that also include the District of Columbia; the Canadian provinces of Quebec, British Columbia, and Alberta; the US Virgin Islands; and the Commonwealth of Puerto Rico.) UPExpress is the industry's first-ever standardized, online, electronic system for creating and submitting unclaimed reports -- and for remitting unclaimed property payments -- in one online session.

"Companies that use older technology for creating holder reports want the convenience and accuracy of online reporting, too," said Layton Olson, CEO of ETM. "Participating states are realizing the operational advantages of automating this aspect of compliance, suggesting we've created the right tool for the right job at just the right time."

While online reporting and payments is inherent in UPExchange, ETM's holder reporting solution, UPExpress makes it possible for holders using virtually any holder reporting software (HRS Pro, Tracker, etc.) to take care of all of their multi-state reporting in one, simple, online session.

This is a complete list of the states that have adopted UPExpress to date, including the functions available for holders to use:

Reporting:
Arizona
Arkansas
Idaho
Kansas
Michigan
Minnesota
Missouri
Montana
Ohio
Oklahoma
Oregon
North Carolina
North Dakota
Pennsylvania
Rhode Island
Tennessee
Utah
Virginia
Washington
Wyoming

Reporting & Payment
Iowa
Kentucky
Maine
South Carolina
South Dakota

About ETM
ETM is a Web-application-development firm that specializes in providing statutory financial reporting, tax-compliance, and unclaimed property reporting services, making its clients more efficient, consistently accurate, and uniformly compliant. Founded in 2001, ETM now serves more than 22,000 companies in automating the administration and filing of financial information to meet numerous regulated reporting requirements. For more information about UPExpress, please visit http://www.byetm.com/index.php/upexpress, call 855-737-1688, or e-mail sales@byetm.com.

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