SHELTON, Conn., May 1 -- Computershare Limited , a leading financial services provider for the global securities industry, today announced the release of Express Options(TM) application version 7.0 (v7.0). In addition to offering more efficient and detailed reporting capabilities to help meet FAS123R requirements, Express Options application v7.0's new security enhancements will assist clients with Sarbanes-Oxley compliance standards. The Express Options application is part of Computershare's Express Equity Suite(TM) of products, which also includes Express Stock Purchase(TM), Express Desktop(TM) and for their private company clients, Express Share Tracking(TM).
"Similar to other rollouts, this major upgrade comes at no-cost for current customers," said Patricia Brown, Senior Product Manager for Computershare Plans Software. "We have launched an aggressive 2007 and 2008 product enhancement schedule for the applications and we are excited introduce new and updated features that are in line with the needs of the marketplace and our clients' feedback."
The Express Option application will now support Windows Authentication for MSDE and MSQL users. For clients utilizing Oracle, v7.0 will support the processing of error codes as defined by the client's database administrator. In addition to the security enhancements, there are upgrades to nearly all financial reporting features.
Additional data segregation elements as well as sorting and filtering capabilities will allow significantly improved flexibility, especially for those companies that have changed expense amortization methods post-123R. As for proxy reports, these have been updated to reflect the Securities and Exchange Commission's December 29, 2006 regulation changes. Within the Express Share Tracking module for private company clients, enhancements in the report selection for capitalization table and certificate areas have also been developed.
Computershare's The Source Conference
Computershare will exhibit the Express Options application v7.0, as well as the entire Express Equity Suite(TM) of products, at The Source in San Francisco from June 10 to 13. A broad array of sessions including compliance updates, thought-provoking plan innovations and training led by industry leaders, clients and staff makes The Source an excellent opportunity for learning and networking with industry peers. To learn more about The Source or to register please visit http://www.transcentive.com/
Computershare is a global leader in transfer agency, employee equity plans, proxy solicitation and other specialized financial and communication services. Many of the world's largest companies employ our innovative solutions to maximize the value of their relationships with investors, employees, customers and members. Computershare has approximately 10,000 employees across the world and serves 14,000 corporations and 100 million shareholders and employee accounts in 17 countries across five continents. For more information about Computershare, visit http://www.computershare.com/
About Computershare Plans Software
Computershare Plans Software is the equity plans software solutions provider of choice for over 2,000 corporations worldwide. As part of the Computershare group of businesses, Computershare Plans Software delivers a comprehensive range of software solutions aimed at responding to the needs of today's equity compensation environment. Computershare Plans Software develops, maintains and markets the Express Equity Suite(TM) of products, which includes Express Options(TM), Express Stock Purchase(TM), Express Desktop(TM) and Express Share Tracking(TM). To learn more about the solutions offered by Computershare Plans Software, call the sales experts at 1 888 339 4267, ext. 325.