Greater reporting flexibility and detail to support share plan compliance
requirements
SHELTON, Conn., Oct. 4 /PRNewswire/ -- Computershare Plans Software, a
business unit of Computershare Limited (ASX: CPU) announced today the
release of Express Options application version 6.5 (v6.5). The enhancements
to the Express Options application provides for more efficient and detailed
financial reporting of data to help users meet complex compliance
regulations, including FAS 123R. Express Options is part of the Express
Equity Suite(TM) of products, which also includes Express Stock
Purchase(TM), Express Desktop(TM), and Express Share Tracking(TM).
"This is the second major release of Express Options this year," said
Gary Scrofani, Senior Product Manager for Computershare Plans Software. "We
have enhanced the flexibility of the financial reports to help our clients
meet their compliance requirements and efficiently handle ever-changing
regulations. Moving forward, we will continue to support our clients and
the industry by investing in further enhancements to the Express Equity
Suite of products."
Similar to all software enhancements from Computershare Plans Software,
the release of Express Options application v6.5 is a no-cost upgrade for
current customers. A key component of v6.5 is the enhancement of financial
reporting and the addition of tracking and reporting on participant
retirement eligibility.
Users will now be able to group the earnings per share dilutions report
by codes they define themselves, which will allow them greater alignment of
the reporting with their own internal cost centers or divisions. And, a new
line item was added to the existing disclosure summary report that will
assist users in gathering the numbers needed for FAS 123R - paragraph A240
b(2)(d). This will provide the number and weighted-average grant date fair
value for awards that became vested within a user-defined reporting period.
FAS 123R also requires the estimation of forfeitures for expense
purposes and the "truing up" of these estimates to the actual forfeitures
that occur. A new report feature in Express Options application v6.5
assists in this process by comparing forfeiture estimates to actual
activity against the awards.
Express Options users will now be able to define retirement eligibility
parameters at the plan and grant level to help meet FAS 123R retirement
eligibility reporting requirements. A new report has also been created that
lists all participants affected by retirement eligibility for audit
purposes.
Support for an additional database engine version has also been added.
Starting with version 6.5 of the Express Equity Suite; Oracle 10g will be
supported - an addition to Computershare Plans Software's existing list of
supported databases engines, which include Oracle 9i, Microsoft SQL Server
2000 and MSDE 2000.
Computershare to exhibit at the National Association of Stock Plan
Professionals
Computershare will exhibit Equity Options v6.5, as well as the entire
line the Express Equity Suite(TM) of products, at the National Association
of Stock Plan Professionals' (NASPP) annual meeting taking place October
10-13 in Las Vegas. To learn more about Computershare's equity plans
software solutions, please stop by booths 501, 503 and 505 and ask for Joe
Potenza, Senior Vice President, Computershare Plans Software. The NASPP is
the leading membership association devoted to meeting the needs of stock
plan professionals. They have nearly 6,000 members whose responsibilities
relate, directly or indirectly, to stock plan design and administration,
including compensation and human resources professionals, stock plan
administrators, securities and tax attorneys, accountants, compensation
consultants, corporate secretaries, transfer agents, stock brokers, and
software vendors.
About Computershare
Computershare (ASX: CPU) 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 of 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(TM) suite of products,
which includes Equity Options, Express Stock Purchase, Express Desktop, and
Express Share Tracking.
Windows is a registered trademark of Microsoft Corporation in the
United States and/or other countries.
Office furniture, chairs, computer accessories by DataflexUK distributor of office furniture, chairs and computer accessories. 47 Albert Street, Aberdeen AB25 1XT Tel:01224 . back care office chairs computer accessories & KAB seating. For the new Dataflex computer accessories brochure, e-mail . designed to meet the various requirements and needs of the computer user. Compact secure and mobile computer cabinet . Dataflex Work Area Accessories. Monitor arms,keyboard stands, monitor stands with copy holder, notebook centres, multi-use . office furniture website Latest news. Dataflex Computer Accessories. Chairs. TrainingRoom/Seminar/. Conference/Dining . “
Gateway. accessories, and computer software at Gateway. Quality desktops, notebooks, laptops, gaming PC, tablet PCs, convertible . Check out our recommended gifts for all the folks on your “nice” list, whether it’s a new PC or accessories for stocking . Store | Downloads | Support | Order Status | My Account | My Quotes | Cart. Chat. *Products *Accessories. * . , Order by Phone: 800-369-1409. Gateway recommends Windows Vista? Home Premium. Store .
Share This
Entries (RSS)