EASi's Second Software Release in 2009 Delivers Big

Adds Modification Accounting, Cash Dividend Equivalents at the Plan Level,
Grant Acknowledgement, Plan Share Reserve Tracking and Import/Export
Functionality

PLEASANTON, Calif., May 19 /PRNewswire/ -- Equity Administration Solutions,
Inc. (EASi), the leading independent stock plan management software company,
today announced that it has released the second of three major releases
planned for 2009 with a rich mix of new functionality and enhancements.

Responding to evolving market needs and customer requests, EASi has
strengthened its core product with new features and enhanced functionality.
The May release introduces modification accounting for all types of
modifications, including option exchange repricings, as well as grant
acceptance fields and tracking functionality. Three notable enhancements
include increased dividend equivalents functionality, more granular plan share
reserve tracking, plus additional fields and process improvements for
importing and exporting. EASi also added a number of new accounting and
administrative reports designed to improve forecasting, efficiency and
transparency.

Highlights of the release include expanding the EASi plan share reserve
tracking to support more flexibility for performance awards under a multiplier
model and the ability to batch-process both share-based and cash-based
dividend equivalents. Fields that allow for the tracking of grant actions,
including acknowledgment, acceptance requested, acceptance required or
acceptance enforced have also been added along with special instruction flags
of Bypass, No Reporting and Special Process.

Modification accounting and grant acceptance functionality are two key
additions to EASi's software. "Software as a Service is a powerful alternative
to older solutions where you need IT support to install each new version of
the software. With EASi's web-based solution, all users can immediately gain
the advantage of new features and functionality," explained Denise Vitale,
Vice President of Product Development for EASi. "We aim to future-proof our
solution with timely delivery of the tools companies need to support
ever-changing equity compensation plans and practices."

"Our U.S.-based team of software engineers has earned a reputation for
deployment speed and for redefining equity compensation management," said Mark
Ebersole, Chief Technology Officer for EASi. "Our ability to respond to the
market and quickly provide customers with the flexible functionality they need
is unmatched," Ebersole added.

Equity Administration Solutions, Inc. www.easiadmin.com sells industrial
strength stock plan expensing software designed to handle the accounting, tax
and administration needs of companies that grant equity awards. Headquartered
in Pleasanton, CA, EASi continues to lead the industry with second-to-none
solutions in areas including FAS123R, IFRS 2, Performance Awards and
WorkStream process automation. The company serves nearly one million
participants in more than 60 countries spanning four continents.

Contact: Amy Damianakes
EASi
amy@damianakes.com
(925) 937-4561

SOURCE Equity Administration Solutions, Inc.

Amy Damianakes of EASi, +1-925-937-4561, amy@damianakes.com