OptionEase Wins Red Herring's Top 100 Tech Company North America Award

SAN JUAN CAPISTRANO, CA, May 18 (MARKET WIRE) --
OptionEase, the leader in on-demand software as a service (SaaS)
applications for fair market value accounting and compliance, won Red
Herring's Top 100 Tech Company North America Award for 2009 and closed
$2.5 Million Series A Financing on the same day.

"I must admit that Wednesday was one of the wildest and rewarding days in
my career," exclaimed Kimberly Kovacs, co-founder and CEO of OptionEase.
"I collected a check from our new private equity partner in Irvine and
then headed down to San Diego for the Red Herring awards dinner.
OptionEase is now the second company I have co-founded that has received
this prestigious recognition and I am so proud of my team for their
dedication and drive to build a game changing application for the equity
compliance industry."

"OptionEase has definitely earned the opportunity to be counted among a
long series of Red Herring Top 100 Tech Companies in North America,"
stated Alex Vieux, CEO, Red Herring, Inc. "Their SaaS model fits the
accounting and compliance field's demands perfectly and their seasoned
team deserves kudos for a great series of achievements."

Ms. Kovacs accepted the Red Herring distinction at the 2009 award ceremony
on Wednesday night held at the US Grant Hotel in San Diego. In attendance
were hundreds of CEOs from leading tech companies across the US. Past
award winners include Google, Yahoo!, Skype, Netscape, Salesforce.com, and
YouTube.

About OptionEase:

Founded in 2006, OptionEase is the only SAS 70 TYPE II certified
application in the equity compliance space that was designed specifically
for audit and SEC compliance. Over 350 private VC funded and large
multi-national public corporations rely on the company's FAS 123(R)
compliance software. OptionEase has now expanded into other areas such as
cap table management and solving complex regulatory issues around FAS 157
and International Financial Reporting Standards (IFRS).

About Red Herring:

Red Herring is a global media company which unites the world's best high
technology innovators, venture investors and business decision makers in a
variety of forums.

More information about OptionEase is available at www.optionease.com,
calling 1-866-550-EASE (3273) or by email at info@optionease.com.

Media Contact:
Tracey Claxton
OptionEase
P 949-542-3800 ext. 723
Email Contact

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