PLEASANTON, Calif., May 30 /PRNewswire/ -- Equity Administration Solutions, Inc. (EASi), the experts in equity compensation accounting and taxation, today announced several enhancements to their collaborative web-based software product in response to customer needs.

EASi now handles accounting, taxation and administration for deferred stock units. In addition, the new software release lets global companies select single currency and choose between US or European date formatting. EASi has also added the prospective accounting method to support private company accounting needs. In addition to the more than 200 standard reports that EASi provides, the company added 11 new filters including Award, Branch, Country, Department, Experience Group, Name, Plan, Section, Subsidiary and Tax Entity for its deferred tax reports.

"We selected EASi to serve our global clients, because they provide leading edge technology designed first and foremost to meet the intricate accounting, compliance and reporting needs of financial professionals," explained Maoiliosa O'Culachain, COO of Global Shares. "EASi's customer support philosophy is a prerequisite for today's ever changing equity compensation environment where system flexibility is so essential."

The EASi product architecture efficiently handles accounting for the past, present and future and includes processing rules that easily accommodate Plan changes. "We continue to evolve our product to support the dynamic needs of customers and the reporting and regulatory requirements for companies in the US and abroad," explained Mark Ebersole, President and Chief Technology Officer at EASi. "Our single product focus gives us the agility to rapidly customize our product and respond quickly to our customers."

Equity Administration Solutions, Inc. is a software as a service company that conquers the complexity and risk of managing equity compensation plans. EASi provides a complete, web-based, collaboration tool for the real-time accounting, taxation, administration, and reporting of equity compensation for public and private companies. Headquartered in Pleasanton, California, EASi is a privately held company with a rapidly growing customer base for its subscription based, on-demand software. (925) 730-4300.

CONTACT: Amy Damianakes of Damianakes Communications, +1-925-937-4561,
amy@damianakes.com, for Equity Administration Solutions, Inc.

Web site: http://www.easiadmin.com/