SOURCE: Transfer Online, Inc.

Transfer Online, Inc.

December 17, 2014 09:30 ET

New Software Lets Companies Issue Own Electronic Shares and Save on Fees

SOLO Allows Startups and Businesses to Serve as Own Stock Transfer Agent

PORTLAND, OR--(Marketwired - Dec 17, 2014) - Transfer Online, Inc. released a new web-based software called SOLO, which bypasses expensive fees for stock transfer agents by allowing SOLO users to issue their own electronic shares directly from the web-based platform. The release marks the first time that Transfer Online has made such software available as a standalone platform.

"We've used Transfer Online's software with our transfer agent clients for years," said Lori Livingston, CEO of Transfer Online, Inc. "But we learned there are a lot of startups and companies that need to issue shares but don't want the cost of a full-service agency. So we decided to make our software available on a web-based platform for anyone to use."

SOLO meets all users' stock transfer needs and includes many features previously unavailable with other products on the market. SOLO lets users send shares electronically instead of by mail, thereby eliminating the need for printing and shipping documents. Electronic shares provide a more environmentally-friendly solution while also maintaining secure communication.

Additional SOLO features include:

  • No monthly fees for startups and others using the "Pay As You Go" plan.
  • A "Professional" plan that allows the issuance of unlimited shares, options, notes, and stock transfers.
  • A web-based dashboard accessible from any device
  • Completely free accounts for shareholders to manage shares and communicate with companies.

By adding SOLO to its product line, Transfer Online continues to develop a wide range of software applications to better serve their customers.

About Transfer Online, Inc.: Transfer Online, Inc. is a SEC-registered stock transfer agent, financial services provider, and consulting firm. Transfer Online manages corporate securities and serves clients' recordkeeping needs with the latest technology, including their own proprietary stock transfer management software. In addition to offering traditional transfer agent functions, Transfer Online Inc., through its wholly-owned subsidiary, Jagalee, LLC., develops automated solutions for private placement offerings, escrow services, and stock-trading boards. For more information, visit www.transferonline.com or call (503) 227-2950.

About Jagalee, LLC: Jagalee is a software development and design subsidiary of Transfer Online, Inc. that offers a wide range of technology services and solutions. At the forefront of new electronic trading applications for emerging markets in the field of alternative and illiquid securities, the company also provides a wide range of services outside of the financial industry. With new website, Jagalee has expanded its internal staff to include a marketing expert and a UX/UI designer. The team now takes on a variety of projects across a broad spectrum of development fields. For more information, visit www.jagalee.com or call (503) 227-2950.

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