Members’ corporations must have a minimum of $2 Million in Annual Revenue
MISSION VIEJO, Calif., December 13, 2011 – OptionEase® Inc., the global leader in on-demand software-as-a-service (SaaS) applications for fair-market-value accounting and compliance is pleased to announce that its Chief Executive Officer, Kim Kovacs, was named a member of the Women Presidents’ Organization’s (WPO), Orange County chapter. While the International group requires members to head a company with a minimum of $2M in annual revenues, the businesses of the two chapters in Orange County average $12M in revenues a year, one of the groups’ most thriving areas.
“I am honored to stand among the WPO’s esteemed members of Orange County,” said Kim Kovacs, CEO of OptionEase. “It is a tremendous resource for me, and my fellow members, to have a group of female leaders to discuss the challenges and opportunities of our respective entities. It’s also interesting for me, as the CEO of a software company, to gain insight on industries such as construction, petroleum, chemicals, and engineering. The diversity of businesses is a real attribute of the WPO.”
She added that OptionEase was recently honored by Inc magazine for its three-year growth of 1422%, and that it was exciting to meet some other high-growth companies in the Orange County region.
“The rapid growth of the WPO is a reflection of the remarkable development of women-led businesses throughout California and across the country. The WPO helps manage business concerns and continues to be a resource, already used by 1,500 women entrepreneurs, to accelerate their growth and enhance competitiveness,” says Women Presidents’ Organization (WPO) president and founder Marsha Firestone, Ph.D. “WPO members are a growing force, aggregately representing $17 billion in annual revenue and employing 110,000 people.”
About OptionEase, Inc.
OptionEase is the leader in SaaS-delivered regulatory applications in the highly complex governance, risk and compliance (GRC) marketplace. The company’s first product was designed specifically for audit compliance under FAS 123(R) (ASC Topic 718) and now encompasses a full suite of end-to-end equity management tools. OptionEase’s dedication to customer service and customization has earned it a 96% retention rate. Directly, and through its partnership agreements, OptionEase assists more than 700 private and multi-national, public corporations with financial and regulatory reporting requirements under FAS, SEC and IASB. Headquartered in Mission Viejo, CA, OptionEase was recognized this year by Inc., as the 225th fastest growing private company in the nation, in its Inc.500|5000 awards. Inc. also named OptionEase the 22nd fastest growing software company in the nation, as well as the 19th fastest growing business in the Los Angeles area, out of the five hundred private companies it honored.
For more information, please visit us at www.optionease.com. For press inquiries, please contact Jessica Caris at 646-594-3855 or via email, at jessica@cariscommunications.com
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