Press Releases

OPTIONEASE EXPANDS OPERATIONS AND DEMONSTRATES SIGNIFICANT GROWTH IN 2009

Funding, Customer Satisfaction and Product Enhancements Fuel Success

SAN JUAN CAPISTRANO, Calif., January 19, 2010 – OptionEase® Inc., a leader in on-demandsoftware-as-a-service (SaaS) applications for equity administration and compliance,today announced 60 percent growth in both revenue and new clients for 2009. Additionally,OptionEase received Series A funding, which affirmed its commitment to superiorcustomer service and continual product evolution. The financing was also indicativeof strong market demand for a comprehensive solution that streamlines equity administrationand ensures ongoing compliance.

Award-Winning Solution and Customer Growth

Today, more than 400 customers worldwide use the OptionEase application to savetime and money on complex regulatory issues and audits. With a dedicated team offinancial experts, CPAs, CEPs and stock plan administrators providing unrivaledclient support and knowledge. OptionEase offers industry-leading customer satisfaction,which is evident in its 98 percent customer retention rate (up three percent fromlast year).

Throughout the year, OptionEase was recognized as an industry leader.

Accolades and awards included:

• Red Herring's Top 100 Tech Company North America Award for 2009
• Red Herrings Global 100 Winner
• “Emerging Growth Company of 2009” by the Southern California Venture Network (SCVN)
• CEO and co-founder, Kim Kovacs, appointed to The National Center for Employee Ownership board of directors

Enhanced Functionality with New Product Introductions

OptionEase has received the industry’s most comprehensive SAS 70 Level II certificationavailable. The certification process went beyond standard Level II categories andincluded a comprehensive security penetration test, formulation testing (to ensureaccuracy of calculations) and valuation testing (such as Black Scholes Lattice methods).Additionally, OptionEase increased its focus on servicing public companies by integratingtools and advanced workflow functionality to increase revenue growth and marketshare. As a result, new product enhancements were introduced, including an updatedversion of the Re-Pricing / Modification Module to perform complex scenario modeling.In keeping with its ongoing goal to introduce valuable solutions for stock planadministrators, CFOs and auditors who need these unique tools and functionality,OptionEase created numerous enhancements based on direct customer feedback and recommendations.

Series A Financing and Corporate Expansion

Further signaling investor trust in the company and the dynamic need for advancedequity compensation solutions, OptionEase closed $3.5 million in Series A financingin 2009 led by GADS Option Fund, Miramar Venture Partners and with participationfrom the company's current investors. This money accelerated OptionEase’s growthand allowed the company to outpace marketplace changes.

To support the significant demand for OptionEase products and services, the companydoubled its headcount in 2009. It also built additional office space in the SanJuan Capistrano area to accommodate the growth in operations.

"Despite the soft economic environment of the past year, OptionEase continued itsgrowth trajectory. Our achievements in 2009 demonstrate the industry need for innovationaround equity compensation solutions," said Kimberly Kovacs, CEO and co-founderof OptionEase. "We will continue to provide superior solutions and service for ourcustomers and look forward to making 2010 the strongest in the company’s history."

OPTIONEASE CEO KIMBERLY KOVACS APPOINTED TO THE NATIONAL CENTER FOR EMPLOYEE OWNERSHIP BOARD OF DIRECTORS

OptionEase CEO to Take an Active Role in Promoting NCEO Mission and Vision

SAN JUAN CAPISTRANO, Calif., January 5, 2010 - OptionEase^® Inc., a leader in on-demand software-as-a-service (SaaS) applications for equity administration and compliance, today announced that The National Center for Employee Ownership (NCEO) has appointed Kimberly Kovacs, co-founder and CEO of OptionEase, as a member of the NCEO's board of directors. The NCEO, a nonprofit organization, is the country's leading source of information on all forms of broad-based employee ownership, including employee stock ownership plans (ESOPs), employee stock purchase plans (ESPPs) and individual equity awards, such as stock options, restricted stock, phantom stock, stock appreciation rights and related awards.

Founded in 1981, the National Center for Employee Ownership has over 2,700 members nationwide. It is by far the most widely cited source for all media coverage of employee ownership. Its mission is to provide the most objective and reliable information possible about broad-based ownership plans at the lowest practical cost. It does that through extensive research, over 30 publications, over 50 annual webinars, a legal journal, several live seminars, a comprehensive annual conference, a newsletter and a website that attracts thousands of visitors daily.

OptionEase is a leader in the highly complex governance, risk and compliance (GRC) marketplace. The company's first product was designed for FAS 123(R) [now ASC Topic 718] regulations, but since then OptionEase has expanded into other areas such as online collaboration, comprehensive equity management and providing solutions to emerging regulatory challenges.

"I am honored to receive the distinguished appointment to the NCEO's board of directors," said Kimberly Kovacs. "As a founder of OptionEase, I understand the significant value NCEO provides executive teams. I look forward to continuing the NCEO mission and expanding our reach through my appointment to the board of directors."

Corey Rosen, the NCEO's executive director and founder, said, "We are delighted for Kimberly Kovacs to join the board. We have been very impressed with OptionEase and their commitment to creating high-quality products and services. Kimberly's leadership has been instrumental to the company's success. We know she will be a great addition to the board."

Kimberly Kovacs has been the CFO of both public and private companies for 20 years, as well as an active member of the community. She is a member of the Forum for Women Entrepreneurs, an advisor to the Association of Women in Technology and an active member of E2. She graduated with honors from California State University at San Diego with a Bachelor of Science in Business Administration /Finance degree.

OptionEase presents session and scholarship at CEPI’s sixth annual symposium

Kim Kovacs Explores the Changing Landscape and Emerging Technologies for Equity Professionals

SAN JUAN CAPISTRANO, Calif., December 1, 2009 – OptionEase^® Inc., a leader in on-demand software as a service (SaaS) applications for equity administration and compliance, today announced that CEO and Founder Kim Kovacs will present at the Certified Equity Professional Institute’s (CEPI) Sixth Annual Symposium at Santa Clara University on December 8, 2009. Additionally, Kovacs will announce the First Annual OptionEase CEPI Scholarship.

Due to shifting regulations, the equity compensation market has changed dramatically over the last several years. In the "Equity 2.0 – Embracing Technology to Accomplish More in a Virtual World" session, Kovacs will present with Karen Needham, CEP of Independent Stock Plan Advisors, LLC and Dan Walter, CEP of Performensation Consulting to explore the future of equity compensation, sharing tangible examples of emerging tools and technologies that can make equity professionals more effective and productive.

The Certified Equity Professional Institute (CEPI) establishes, promotes and provides certification and continuing education for the equity compensation industry. Since its founding in 1989, the CEPI's self-study curriculum has served as the industry's educational standard. The Annual OptionEase CEPI Scholarship will be awarded each year to a member of the stock plan community who wishes to pursue the Certified Equity Professional (CEP) designation through Santa Clara University.

At OptionEase we are committed to helping equity professionals embrace the tools, technologies and training necessary to compete in this constantly changing market," said Kovacs. Our participation at CEPI’s annual symposium gives us the opportunity to strengthen this commitment not only by sharing our knowledge and experience, but by actually helping individuals advance their careers through our annual scholarship."

Central Desktop Saves Hundreds of Hours and Thousands of Dollars Annually with OptionEase

Rapidly Expanding Company Leverages OptionEase's Solution and Service to Ensure Equity Compliance

SAN JUAN CAPISTRANO, Calif., November 10, 2009 OptionEase^®Inc., a leader in on-demand software-as-a-service (SaaS) applications for fair-market-value accounting and compliance, today announced that Central Desktop, a leading SaaS-based social technology platform for next-generation business teams,is using OptionEase for equity administration, valuation and compliance. The comprehensive OptionEase solution lets Central Desktop navigate the complex FAS 123(R) [now ASC Topic 178] regulation, saving Central Desktop hundreds of hours and thousands of dollars annually.

Central Desktop’s venture capital funding in 2008 fostered explosive growth and the need to move beyond managing its equity administration with simple Excel spreadsheets and into an equity compliance software application. Central Desktop chose OptionEase to ensure scalable growth without increasing operational overhead, allowingthe company to remain focused on managing its business.

"As we continue on our growth trajectory, it is critical that we stay focused on the strategic direction of our company, even during the rigorous audit process,"said Steve Anderson, director of finance and operations for Central Desktop. "OptionEase’s solution and superb service gave us peace of mind as we headed into our annual audit.It helps us streamline equity administration and ensure ongoing compliance, eliminating the need to spend excessive time and money with accountants and legal teams throughout the audit."

Built to address audit and compliance issues, OptionEase has more than 400 customers worldwide who use the solution to save time and money with complex regulatory issues and audit. With a 98 percent customer retention rate, OptionEase helps clients across a broad number of industries to administer stock plans and remain compliant.

"Central Desktop is a rapidly expanding company that needs a trusted, long-termpartner to achieve ongoing audit readiness and accounting compliance," said Kim Kovacs, CEO and founder of OptionEase. "We built our company and technology from the ground up to deliver a superior solution that is cost-effective, flexible and supported by an expert, dedicated team."

About Central Desktop

Central Desktop delivers a pure Software-as-a-Service (SaaS) social technology platform that allows next-generation business teams to communicate and collaborate more efficiently. Easy to implementand scalable for small and medium-sized businesses, Central Desktop’scollaboration software solution allows businessteams to interact, share and manage their daily work activities from anywhere atany time. Key Central Desktop customers include the Humane Society, CBS, U.S. Department of Health & Human Services, Avid Technology, Omniture, Gymboree, InterContinental Hotels Group and the University of Wisconsin-Madison. Founded in 2005, Central Desktop is a privately-held company with headquarters in Pasadena, California. For more information about the company, visit http://www.centraldesktop.com

OptionEase Continues to Break Records and Hit Milestones

The business posts the single largest quarter in company history, introduces new products and receives award

SAN JUAN CAPISTRANO, Calif., October 7, 2009 – OptionEase^®Inc., a leader in on-demand Software as a Service (SaaS) applications for equity administration and compliance, today announced several milestones in the company’s history, including achieving record sales for the quarter ending September 30, 2009, demonstrating the robust demand for the company’s compliance applications – even in a soft economic period.

"Since our financing in May, we have accelerated our efforts on a number of fronts, and we are now seeing big returns," stated Kimberly Kovacs, OptionEase co-founder and CEO. "Sales have been excellent this summer and we are pleased to close Q3 with the strongest quarter in the company’s history."

"Our increased focus on servicing public companies with integration tools and advanced workflow functionality has enabled us to significantly grow revenue and market share," continued Mrs. Kovacs. "In the prior quarter, we enhanced our product by releasing an updated version of our Re-Pricing / Modification Module that performs complex scenario modeling. So far, over 30 clients have utilized this tool to successfully reset their option plans. We were recognized last month by the Southern California Venture Network (SCVN) as the ‘Emerging Growth Company of 2009’ and we continue to maintain a 98% customer retention rate.I am really proud of the advancements the team has made over the past quarter. However, I am even more excited about the new items we have slated for release this coming quarter. Our goal is to infuse the latest technology into a space that has been behind the innovation curve for a long time. Stock plan administrators, CFOs and auditors need unique tools and functionality, but still need to collaborate on a single, unified platform. OptionEase is taking a new approach to delivering equity compliance solutions".

OptionEase Recognized by SCVN as "Emerging Startup of 2009"

Southern California Venture Network (SCVN) awards OptionEase, Inc. as part of their OC Emerging Growth Awards Ceremony

SAN JUAN CAPISTRANO, Calif., October 1, 2009 – OptionEase^®Inc., a leader in on-demand Software as a Service (SaaS) applications for fair market value accounting and compliance, today announced that they were recognized by the Southern California Venture Network at the annual awards ceremony on September 29, 2009 in Newport Beach, CA. The "Emerging Startup" award is reserved for companies demonstrating significant of growth in key areas including revenue and market share; as well as industry leading levels of customer satisfaction.

"We are pleased to be honoring OptionEase with this award", said Eric Tanezaki, SCVN executive director. "The SCVN selection committee was extremely impressed with the success OptionEase has demonstrated over the past year. Their growth, both in terms of revenue and number of customers, is very impressive in this difficult economy."

"It is an honor to be recognized by the Southern California Venture Network for our hard work over the past year", stated Kimberly Kovacs, OptionEase co-founder and CEO. "Having recently completed our Series A round of funding, we are in an excellent position to capitalize on our success and move the company to the next level. With close to 400 clients and a customer retention rate of 98%, we are very proud of our accomplishments to date. Over the next 12 months, we plan to invest aggressively to scale the company to the next level."

About the Southern California Venture Network

With over 1,000+ influential members, the Southern California Venture Network (SCVN.org) is Orange County's premier entrepreneur and business growth network. SCVN’s mission is to increase the entrepreneurial velocity of both start-up and emerging growth companies through its network of skilled professionals, high-level business contacts, and sources of funding. The goal is to help navigate the many road blocks that often prevent early stage and late stage entrepreneurial companies from reaching their full potential in a timely manner.

As a "venture development" organization, SCVN focuses its efforts on helping those companies with revenues between $1M and $25M and that already have funding in place. It does this by hosting open networking events, invitation-only company presentations, executive educational events, and DealMaker lunches.

SAN JUAN CAPISTRANO, CA--(Marketwire - September 9, 2009) - OptionEase® Inc., a leader in on-demand Software as a Service (SaaS) applications for fair market value accounting and compliance, today announced that Miramar Venture Partners has joined the Series A round of financing, bringing the total investment to $3.5 million. In addition, Bruce Hallett, managing director of Miramar Venture Partners, will join the OptionEase board of directors

"We are delighted to welcome Miramar Venture Partners as an investor in OptionEase. Our ability to attract such an industry leader both reinforces our business strategy and also provides us with additional leadership, guidance and resources," said Kimberly Kovacs, OptionEase co-founder and CEO. "As a profitable startup, we are raising this money to allow us to further accelerate our rapid growth. We see a unique opportunity to gain significant market share and capitalize on changes in the marketplace."

"The market for stock option administration, and in particular FAS 123(R) [now ASC Topic 718] compliance, has proven to be very robust," said Bruce Hallett, managing director for Miramar Venture Partners. "Having built the product from the ground up to address this specific market need has positioned OptionEase as a leader in this space. Over 350 companies worldwide depend on the OptionEase application to administer their stock plan, and OptionEase has a 98% customer retention rate. Additionally, there is plenty of opportunity for growth through add-on functionality."

About Miramar Venture Partners

Miramar Venture Partners invests in early-stage information technology companies, primarily in Southern California. Miramar's team is highly experienced at working with emerging companies, and it applies that experience as well as financial resources to support entrepreneurs and their teams in building and growing their companies. More information about Miramar can be found at www.miramarvp.com.

About OptionEase

Founded in 2006, OptionEase has become a leader in the highly regulated Governance, Risk and Compliance (GRC) marketplace. The company's first product was designed for FAS 123(R) [now ASC Topic 718] regulations, but now OptionEase has expanded into other areas such as online collaboration, comprehensive equity management and providing solutions to emerging regulatory challenges. Over 350 private VC funded and large multi-national public corporations rely on the company's FAS 123(R) [now ASC Topic 718] compliance software. The company is headquartered in San Juan Capistrano, CA and can be reached at 866-550-3273, info@optionease.com or www.optionease.com.

This press release may include forward-looking statements, including statements regarding the company's product development plans, which are subject to change. The actual results may differ materially from those described in any forward-looking statement.

SAN JUAN CAPISTRANO, Calif., August 12, 2009 – OptionEase® Inc., a leader in on-demand Software as a Service (SaaS) applications for fair market value accounting and compliance, today announced that Kevin J. Liebl, former director of corporate marketing for LSI Corporation, has joined the company as executive vice president of operations.

OptionEase reached positive cash flow within 18 months of operations, is GAAP profitable, has been able to achieve triple-digit year-on-year growth, and continues to maintain a 98% customer retention rate. The company closed a Series A round of financing in May of this year to further accelerate this growth and launch significant new technology initiatives — which will be announced shortly.

"As part of our aggressive expansion strategy, we recognize the need to attract proven leadership in key executive roles," said Kimberly Kovacs, CEO of OptionEase. "Kevin’s extensive technology and management experience will be critical in helping to lead the company to the next level."

Mr. Liebl has over 20 years of executive experience in marketing, business development, sales, strategic planning, capital formation, mergers/acquisitions, public relations, analyst relations and investor relations. Prior to joining OptionEase, he was the director of corporate marketing for LSI Corporation, a multi-$B provider of silicon, systems and software technologies. Mr. Liebl joined LSI through the acquisition of StoreAge Networking Technologies a software startup offering storage virtualization solutions. As vice president of marketing for StoreAge, he led the company’s sales and marketing strategy from startup through acquisition. Before joining StoreAge, Liebl was the president and CEO for Nextier Solutions Corporation, a supply-chain management SaaS company offering solutions to the paper, printing and publishing industry. As CEO, he led the company from startup through acquisition by International Paper. Mr. Liebl has also held the positions of vice president of marketing for MTI Technology Corporation and director of North American marketing for MAI Systems/Basic Four.

Mr. Liebl received a Bachelor of Science in Information and Computer Science from the University of California at Irvine and a Master of Business Administration from Pepperdine University.

Founded in 2006, OptionEase has become a leader in the highly regulated Governance, Risk and Compliance (GRC) marketplace. The company’s first product was designed for FAS 123(R) [now ASC Topic 718] regulations, but now OptionEase has expanded into other areas such as online collaboration, comprehensive equity management and providing solutions to emerging regulatory challenges. Over 350 private VC funded and large multi-national public corporations rely on the company's FAS 123(R) [now ASC Topic 718] compliance software. The company can be reached at 866-550-3273, info@optionease.com or www.optionease.com.

OPTIONEASE, INC. AND AVANT ADVISORY GROUP ANNOUNCE STRATEGIC BUSINESS ALLIANCE

Los Angeles, California, June 8, 2009, OptionEase, Inc. (www.OptionEase.com), the leader in on-demand accounting compliance software, and Avant Advisory Group (www.AvantAdvisory.com), a premier management consulting firm with a national practice, have partnered to provide efficiency, additional cost savings, and valuable compliance tools to their clients. The alliance between OptionEase and Avant Advisory provides professional services along with web-based accounting and finance tools to companies that need to maintain and disclose their equity compensation plans as required under FAS123(R) [now ASC Topic 718] financial reporting and compliance requirements. OptionEase is web-based SAS 70 Type II certified application for stock option administration, valuation, and financial reporting that has withstood the rigors of more than 250 successful independent audits.

Avant Advisory Group provides strategic, operational and financial expertise to clients through its CFO, controllership and C-Suite services from its Los Angeles, Newport Beach, and Santa Barbara offices in California. "The goal of the firm's CFO services is to reduce client costs, increase profitability, and improve cash flows, particularly in this difficult recessionary business environment," said Jim Davidson, managing director of Avant Advisory. "The OptionEase application is the highest quality, most comprehensive solution for FAS 123(R) [now ASC Topic 718] accounting, reporting and compliance that we have seen. We are committed to providing the best services and solutions to our clients, and the OptionEase service allows us to do that.  Their team is extremely knowledgeable and responsive. We are proud to be in partnership with them and are looking forward to working together."

"We are very excited about this strategic alliance with Avant Advisory.  It brings great benefit to our clients as well as our firms," said Kimberly Kovacs, chief executive officer, OptionEase. "We welcome our new relationship with Avant and its clients and growing our installed base."

SAN JUAN CAPISTRANO, CA--(Marketwire - May 18, 2009) - 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) [now ASC Topic 718] 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.

SAN JUAN CAPISTRANO, CA--(Marketwire - May 13, 2009) - OptionEase, the leader in On Demand Software as a Service (SaaS) applications for fair market value accounting and compliance, has closed $2.5 Million in Series A Financing. The round was led by GADS Option Fund, a private equity fund out of Irvine, California, with participation from the company's current investors.

"Since launching our software application service two years ago, OptionEase has been able to attract and retain over 350 customers ranging from private venture backed companies to large multi-national public corporations," states Kimberly Kovacs, OptionEase co-founder and CEO. "I am proud of the fact that OptionEase has been able to achieve year on year growth of over 300%, retain over 90% of its customers, attain cash flow positive within 18 months of operations and achieve GAAP profitability. With two compelling term sheets to select from and not needing capital, we decided to move forward with the round so we can accelerate our growth and launch new technology initiatives. Demand for our application has been tremendous and we see a very large market opportunity that is currently underserved by existing technologies," adds Ms. Kovacs.

"I am extremely impressed with the performance of OptionEase," states Jan Scholes, the company's first investor and member of the OptionEase Board. "Kim and her exceptional team continue to meet and exceed projections. What OptionEase has accomplished in such a short time frame is remarkable and to continue to perform in this down economy is quite simply extraordinary. I am proud to be affiliated with OptionEase," remarks Ms. Scholes.

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. The company's first product was designed for FAS 123(R) [now ASC Topic 718] regulations, but now OptionEase has expanded into other areas such as cap table management and solving complex regulatory issues such as FAS 157 and International Financial Reporting Standards (IFRS2).

Earlier in the week, OptionEase presented at the RED Herring (www.redherring.com) Top 100 Private Tech Company Awards conference and announced two new fully automated and integrated applications dealing with under water stock options, bulk grant modifications and complex performance award measurement and accounting.

About GADS Option Fund:

GADS Option Fund is a private equity fund out of Irvine, California and an existing OptionEase customer and long term strategic partner.

About Jan Scholes:

Jan Scholes is formerly General Counsel for Babcock & Brown, an international investment banking and management firm with 27 locations in 18 countries. Prior to Babcock & Brown, Jan was in private practice as a partner at Heller Ehrman LLP, where she specialized in partnership and international taxation. Ms. Scholes is married to Dr. Myron Scholes (Nobel Prize laureate in Economic Sciences for the Black Scholes Option Pricing Model, 1997).

SAN JUAN CAPISTRANO, CA--(Marketwire - May 11, 2009) - OptionEase, the leader in On Demand applications for fair market value accounting compliance has been named one of the finalists for the prestigious "2009 Red Herring 100 North America" award. Red Herring's editorial team states that they select the most innovated companies, from a pool of 1200 that has been surveyed from around the world, to mark with their highest distinction and honor. Past award winners include Google, Yahoo!, Skype, Netscape, Salesforce.com, and YouTube.

Kimberly Kovacs, co-founder and CEO of OptionEase, will speak at 4:00pm on May 12, 2009 at the Red Herring North America Conference in San Diego, California. "We are honored to be recognized by Red Herring for our innovative SaaS application which allows companies to self navigate complex regulatory issues surrounding fair market valuation under US or International rules. OptionEase released its first product just 2 years ago and now has over 350 clients and partners ranging from private venture backed companies to large multi-national public corporations using our web-based platform for audit and SEC reporting compliance," states Ms. Kovacs.

Among those in attendance to this annual event will be CEOs and C-level Executives from both private and public sectors, marketing and strategy executives, various consulting and legal advisors, private equity investors, VCs, other financers, government officials, and technology focused media and industry analysts. Red Herring North America 2009 conference agenda "features two days of presentations from the top companies in the region, keynote presentations, roundtable panels, and social networking events in a setting that fosters personal encounters and exchanges."

OptionEase Closes 2008 and January with a Bang: Growth, Profitability and Enhanced SaaS Capabilities

Positive Growth & Profitability Direct Result of OptionEase’s Most Complete Equity Compensation Compliance Solution & Unmatched Customer Satisfaction

SAN JUAN CAPISTRANO, Calif.--(BUSINESS WIRE - March 12, 2009) - OptionEase, the leader in on-demand compliance solutions for FAS 123(R) [now ASC Topic 718] and IFRS2, today announced solid revenue growth of 300% in 2008, and achieving a company first; GAAP profitability in January 2009. The Company attributes these performance milestones to providing the most innovative and complete on-line application for FAS 123(R) [now ASC Topic 718] accounting compliance by a dedicated team of financial experts, software visionaries and CPAs providing unrivaled client support.

Growth & Profitability

Since its initial product launch in early 2007, the Company has retained over 300 clients ranging from VC backed to large multi-national public corporations through direct relationships and partnerships with accounting, valuation and independent CPA firms worldwide. Most clients continue to be US based; however, the Company expanded its multi-currency, multi-lingual product to clients in Europe, Asia and the Middle East in 2008. In August of 2008 the Company achieved a positive cash-flow position and in January 2009 posted its first month of net profitability. "We reached these milestones without compromising our product offering or dedication to quality service," notes Kim Kovacs, CEO of OptionEase.

OptionEase’s industry high ninety-five percent (95%) customer retention and satisfaction rate also remains unmatched in the industry due to the Company’s comprehensive and expert service methodology and advanced product offering.

Enhanced Functionality

OptionEase is the only application in the equity compliance space that runs on a solid state-of-the-art platform which allows for rapid development and deployment of functional enhancements to save time and money with complex regulatory issues and audit. To further enhance its SaaS offering, the Company is underway with multiple third-party connectors and is releasing its integration with Merrill Lynch’s On-Line Benefits application later this month. The Company is dedicated to delivering functionality to assist clients in this challenging market such as automating the process for re-pricing underwater stock options, enhanced analytics and custom tools for the stock plan administrator.

"Our customers view us as their long-term partner for one very important reason – we understand their business challenges better than others," said Kim Kovacs. "We have advanced our product innovation with a focus on customer results and now have the industry’s most comprehensive SAS70 Level II Certified equity compensation compliance platform available. I am honored to work with some of the smartest minds in the industry to help our customers achieve new levels of audit readiness and accounting compliance."

Former eProsper Executive Joins OptionEase

OptionEase attracts top new talent for EVP of Business Development position

SAN JUAN CAPISTRANO, CA--(Marketwire - April 23, 2008) - OptionEase, Inc., the leader in web based on-demand accounting compliance software, announced today that Pam Washburn, formerly Vice President of Business Development and Marketing at eProsper, will join the company as Executive Vice President of Business Development.

"The addition of Pam to our management team brings tremendous validation for our company and product offering and we are thrilled to have her on board." said Kimberly Kovacs, CEO of OptionEase."Her leadership, relationships, and operational experience will be instrumental in our becoming the premier accounting compliance solution provider for companies and their service providers. "

Washburn will be responsible for sales initiatives and business development activities with companies, their investors, and service providers including financial consulting firms and audit firms.

"OptionEase has quickly established itself as a leader in stock option expensing compliance as evidenced by the phenomenal growth and adoption of the solution by both private and public companies and leading audit firms" said Washburn. "A solution architected from the audit perspective assures our clients that their stock option expense required under FAS 123(R) [now ASC Topic 718] will be calculated quickly and accurately, and that all compliance requirements, from the disclosure reports to the SAS70 report, are satisfied. I look forward to working with the team here at OptionEase and expanding the company’s footprint in this evolving compliance marketplace."

Prior to joining OptionEase, Pam served as Vice President, Business Development and Marketing at eProsper, a provider of stock option administration and capitalization management software for private companies. eProsper is majority owned by SVB Analytics, a Silicon Valley Bank Financial Group company. Previously she spent 20 years at Hewlett-Packard Company where she held senior management positions in technical marketing, sales development and business development. Her experience also includes operations management of a private equity firm, and she has consulted leading hardware and software enterprise companies in channel and field sales strategies. She received a Bachelor of Arts in math and economics from Mount Holyoke College, and her MBA from the University of Michigan.

About OptionEase Inc.
OptionEase, Inc. is the leading Web-based software-as-a-service company providing subscription on-demand tools for accounting and financial compliance. After its first year of operations, OptionEase FAS 123(R) [now ASC Topic 718] is the compliance solution of choice for more than 130 companies and has withstood the rigors of more than 90 successful independent audits. Headquartered in San Juan Capistrano, Calif., OptionEase services publicly traded and privately held venture backed companies of all sizes. For more information visit www.OptionEase.com or call 866-550-EASE (3273).

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

OptionEase Adds Equity and CapTable Management Solution to Product Offerings

New EquitEase Tool Integrates With the Company's Existing Applications and Is Available in Limited Beta

SAN JUAN CAPISTRANO, CA--(Marketwire - February 21, 2008) - OptionEase Inc., the leader in on-demand accounting compliance software, introduces EquitEase, an on-demand Equity and CapTable Management tool, designed for financial professionals. The new tool, which is in limited beta testing, has been designed to manage and analyze all current or future equity and debt financings. In addition, EquitEase integrates seamlessly with the OptionEase FAS 123(R) compliance solution, offering a more complete solution for equity compliance and stock option accounting.

"Our number one priority is to provide our clients with the accounting and finance tools they need to save time, money and more importantly, to meet stringent regulatory compliance issues. EquitEase will enable clients to have a single source solution for complete equity tracking," said Kimberly Kovacs, chief executive officer, OptionEase. "Our application is Web-based, so we are able to develop EquitEase in real-time with our client CFOs, to ensure that it accurately meets their specific requirements."

On-Demand Secure Access
The tool, available as a Software-as-a-Service (SaaS) provides finance professionals the ability to accurately track, by investor, all equity, debt or other financing arrangements, as well as the effects on dilution, voting and other key parameters. EquitEase is offered on its own or with the OptionEase FAS 123(R) [now ASC Topic 718] application, as a fully integrated equity, CapTable and FAS 123(R) [now ASC Topic 718] compliance solution. The Web-based solution can be accessed at any time, day or night, from any Internet-equipped device. Completely secure, EquitEase can be accessed by multiple users simultaneously and each user can be assigned specific security level access.

Complete Integration for Accurate Tracking and Planning
EquitEase fully integrates with the OptionEase FAS 123(R) [now ASC Topic 718] compliance solution, delivering a seamless solution for an accurate audit trail for every add, update or delete transaction. The new solution, allows for "what-if" planning to see the impact of the next round of funding or the impact of varying stock price changes for equity holders and outstanding option holders. In addition, EquitEase has detailed document generation and tracking features and allows for complex queries and filtering.

Availability
The EquitEase application is available in limited access only to customers participating in the beta test. The OptionEase FAS 123(R) [now ASC Topic 718] compliance solution is available today and is in full implementation with more than 100 companies.

To find out more about EquitEase or OptionEase or to schedule a live web demonstration, visit, www.OptionEase.com or call 866-550-EASE (3273).

About OptionEase Inc.
OptionEase Inc. is the leading Web-based software-as-a-service company providing subscription on-demand tools for accounting and financial compliance. After its first year of operations, OptionEase FAS 123(R) [now ASC Topic 718] is the compliance solution of choice for more than 100 companies and has withstood the rigors of more than 80 successful independent audits. Headquartered in San Juan Capistrano, Calif., OptionEase services publicly traded and privately held venture backed companies of all sizes. For more information visit www.OptionEase.com or call 866-550-EASE (3273).

Media Contact:
Theresa Dreike
WunderMarx|PR Inc.
P 714-862-1112 ext. 205

OptionEase, Inc. Completes Investment with Tech Coast Angels and Pasadena Angels
A Software as a Service (SaaS) solution, OptionEase helps public and private companies satisfy all audit requirements regarding FAS 123(R) [now ASC Topic 718] - Accounting for Employee Stock Options

SAN JUAN CAPISTRANO, CA, November 19, 2007 — OptionEase Inc., a Software as a Service (SaaS) provider for the equity-compensation compliance marketplace, eclipsed another company milestone on Nov. 14 by closing an investment round co-led by Tech Coast Angels and Pasadena Angels. To date, OptionEase has captured more than $1.4 million in cash, service and technology investments.

“We are privileged to be recognized by the TCA and Pasadena Angels as a qualified investment,” said Kimberly Kovacs, founder and chief executive officer, OptionEase. “Their active participation in our business will enable us to rapidly expand our customer reach by funding branding, business development and customer acquisition activities. Since releasing our application and service offerings in 2006, we have garnered an overwhelmingly positive response from the CFO community and will use the funding to expand our market footprint.”

OptionEase is a software solution, delivered as a service, designed around approved valuation methodologies and particulars of the FAS 123(R) [now ASC Topic 718] regulations. OptionEase’s customers, such as Integrien Corp., say its Web-based technology is flexible and robust enough to meet the complex requirements of large public companies yet simple and cost-effective for small private companies.

“OptionEase really helped us prepare for our audit and drastically reduced the amount of time we needed to spend on the usually daunting task,” said Mark Smialowicz, chief financial officer, Integrien, a venture-backed, intelligent systems management company. “The OptionEase team includes CPAs and other industry experts, so they understand the complexities of equity compliance. More importantly, the OptionEase software application is by far the easiest to use and the best in the marketplace.”

About OptionEase Inc.
OptionEase is the leading Web-based Software as a Service (SaaS) for stock option administration, valuation and compliance with the new accounting regulations under FAS123(R) [now ASC Topic 718]. The San Juan Capistrano headquartered software company services both publicly traded and privately held venture backed companies with their quarterly subscription service. OptionEase can be found on the web at (www.optionease.com).

About Tech Coast Angels
Tech Coast Angels is the largest angel network in the United States and the number one source of startup funding in Southern California. TCA members have invested more than $80 million in more than 128 companies and have helped attract more than $776 million of additional capital, mostly from venture capital firms. TCA operates networks in Los Angeles, Orange County, San Diego and Westlake/Santa Barbara.

About Pasadena Angels
The Pasadena Angels is a group of more than 100 accredited entrepreneurial investors who provide early-stage financing and counsel to emerging companies located in Southern California. In the first seven years since its founding in 2000, Pasadena Angels investors have funded more than 45 companies with more than $15 million.

OptionEase, Inc. and Westlake Securities Announce Strategic Business Alliance

San Juan Capistrano, CA, October 2, 2007 - Orange County, CA based OptionEase, Inc., and Westlake Securities, Austin, TX, have announced today a strategic business alliance focused on providing access to on-line tools and quality professional services to their respective FAS123(R) [now ASC Topic 718] and IRC 409A clients.

TThe alliance between OptionEase and Westlake Securities was a decision to provide professional services along with web-based tools to companies that need to maintain their equity compensation plans. OptionEase offers its Web 2.0 application for FAS123(R) [now ASC Topic 718] compliance and reporting, while Westlake Securities provides business appraisals to support new 409A requirements. OptionEase and Westlake Securities form a tight synergistic bond in that each of their clients ultimately needs the other. The alliance between OptionEase and Westlake Securities is guaranteed to produce results as both firms are committed to quality professional services.

OptionEase customers have already completed their 2006 and up through Q3 2007 audits seamlessly using their application. Westlake Securities references many longstanding client engagements and are a dominant player in the southern US for business valuation services. Both companies are well versed and highly regarded as stand outs in the industry. OptionEase offers innovative software-as-a service (SaaS) equity compensation compliance tools that have quickly risen to the top of its marketplace in the Governance, Risk and Compliance marketplace for midsized companies.

Kimberly Kovacs, Chief Executive Officer for OptionEase commented on the new alliance by saying, "We believe Westlake Securities to be a very good fit considering our common lines of financial expertise, on the Westlake Security end we realize the importance that clients must comply with 409A regulations and we see the ultimate need for each client to adhere to FAS 123(R) [now ASC Topic 718]. The partnership is ingenious and will bolster growth for both parties”.

Alex Klingelberger, VP and CFO of Westlake Securities says, “We are always pursuing ways to bring the best alternatives to our customers, to expedite our services and to deliver a quality product. OptionEase will help to alleviate the equity compensation compliance challenges that currently exist in our marketplace”.

About OptionEase, Inc.
OptionEase is the leading web based ‘software as a service’ (SaaS) for stock option administration, valuation and compliance with the new accounting regulations under FAS 123(R) [now ASC Topic 718]. The San Juan Capistrano headquartered software company services both publicly traded and privately held venture backed companies with their quarterly subscription service. OptionEase can be found on the web at www.optionease.com or by calling their toll free number 866-550-EASE (3273).

About Westlake Securities
Westlake Securities was founded in 2003 to serve the corporate finance needs of emerging growth and middle market companies in Texas. Our firm believes that Texas companies are remarkably underserved by the investment banking industry relative to the amount of capital deployed and successful companies created in this region. The principals of Westlake come from diverse backgrounds - including investment banking, venture capital, operations and securities law - to provide clients with many perspectives on their corporate finance opportunities and challenges. Westlake Securities can be found on the web at www.westlakesecurities.com.

OptionEase, Inc. Selected to Present at VentureNet 2007

SAN JUAN CAPISTRANO, CA, October 1, 2007 - Orange County, CA based OptionEase, Inc., (www.optionease.com) has been selected as a keynote presenter at Technology Council of Southern California VentureNet, October 5, 2007 at the Westin, Costa Mesa, CA. Kimberly Kovacs, CEO of the rapidly growing stock option software administration company will speak on compliance regulations such as FAS 123(R) [now ASC Topic 718] and how the ruling has produced a new market that is driving compliance technology forward.

Ms. Kovacs says, “our product is geared toward small to mid-size companies, and the SaaS (software as a service) application significantly assists CFO’s in the reporting, valuation and auditing that companies must adhere to now. The CFO market has long been underserved in the GRC (Government, Risk and Compliance) arena. Large firms such as Oracle have made significant investments in the SAP area but have neglected the mid-tier and smaller companies. OptionEase is a Web 2.0 application lending itself well to multiple user’s at an economical price. Kovacs notes also, “OptionEase, Inc. customers have already completed their 2006 and Q1 2007 and Q2 2007 audits successfully using our application for reporting. I believe the market will see a continued growth in SOA (service oriented architecture) products that address these compliance issues and help CFO’s navigate through audits quickly and efficiently.”

About OptionEase, Inc.
OptionEase is the leading web based software as a service for stock option administration, valuation and compliance with the new accounting regulations under FAS123(R) [now ASC Topic 718]. The San Juan Capistrano headquartered software company services both publicly traded and privately held venture backed companies with their quarterly subscription service. OptionEase can be found on the web at (www.OptionEase.com).

About VentureNet
VentureNet is the premier capital conference in the Southern California region for early stage investment professionals and entrepreneurs to get together once per year and showcase new technology companies. There are over 14 capital presentations from Southern California’s most promising new startup companies chosen by a select group of Venture Capitalists. (www.venturenet.org)