SOURCE: Eagle Technology Management, Inc.

Eagle Technology Management, Inc.

October 23, 2012 11:01 ET

ETM Puts Arizona Into Production on UPExpress

Online, Electronic System for Unclaimed Property Reporting

PHOENIX, AZ--(Marketwire - Oct 23, 2012) - ETM, developer of UPExchange for unclaimed property reporting -- and Wings Plus for financial reporting and tax compliance -- announces that the State of Arizona is now in production on UPExpress. UPExpress is the industry's first-ever standardized, online, electronic system for creating and submitting unclaimed reports in one session. Additionally, future plans will include the ability to remit payments electronically with UPExpress.

"UPExpress serves as an innovative solution for holders of unclaimed property, whether they have reportable property exclusively for Arizona or are required to report to multiple states," said Joshua Joyce, Unclaimed Property Administrator for the Arizona Department of Revenue. "From a holder's perspective, UPExpress will save time and resources. From my perspective, UPExpress will assist me in fulfilling the Department's core mission with respect to unclaimed property. We strive to efficiently and effectively collect, safeguard, and distribute unclaimed property to its rightful owners, and UPExpress will undoubtedly serve to increase our efficiency and effectiveness."

UPExpress enables one simple process and one report to be delivered over the Internet. It allows states to tailor the information they receive, their upload requirements, their holder agreements, and their reporting and remittance options. And it makes it possible for holders to take care of all of their multi-state reporting in one, simple, online session.

"We're finding fans of UPExpress on both sides of the aisle," said Layton Olson, SVP at ETM. "Holders appreciate it because it works with whatever reporting software they might be using. States appreciate it because it reduces the volume of paper and other materials they have to collect. And both parties like it because it reduces time and administrative costs."

To contact the State of Arizona about UPExpress, please call Joshua Joyce at 602-716-6033.

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 13,000 companies in automating the administration and filing of financial information to meet numerous regulated reporting requirements. For more information about UPExpress, please visit www.byetm.com/landings/upexpress.html, call 800-975-3245, or e-mail sales@byetm.com. To read a white paper on online, electronic reporting, please go to http://byetm.com/index.php/white-paper.

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