OptionEase and Watkins Meegan Partner to Provide Advanced FAS 123(R) Compliance Services - 31 July 2009

OptionEase and Watkins Meegan Partner to Provide Advanced FAS 123(R) Compliance Services

OptionEase
Inc., the leader in on-demand accounting compliance software and
Watkins, Meegan, Drury & Company, LLC (Watkins Meegan), a certified
public accounting and consulting firm based in Bethesda, MD, have
partnered to provide advanced FAS 123(R) compliance services.
OptionEase and Watkins Meegan provide complementary professional
services to their clients and combined will be able to give superior
customer service and advanced FAS 123(R) compliance.

The
agreement expands OptionEase’s customer base by adding Watkins Meegan
clients to its roster. Watkins Meegan will be utilizing the OptionEase
application to perform FAS 123(R) compliance services for their
clients. The Web-based solution meets FAS 123(R) employee stock option
accounting and reporting requirements and is scalable for companies
small and large, public and private.

“We believe the strategic
relationship with Watkins Meegan provides a tremendous benefit to both
our companies as well as the end customer,” said Kimberly Kovacs, chief
executive officer, OptionEase. “Watkins Meegan is a well-known and
reputable accounting firm that brings the highest level of client
service and regulatory expertise to the market. In addition, Watkins
Meegan will prove to be a reliable resource for us as we grow and
develop new products.”

“We are committed to providing
exceptional services to our clients and by using the OptionEase
web-based application we can perform compliance services more
efficiently and securely,” said Kristen Eitzel, CPA, Watkins Meegan.
“We have used other software applications in the past, but the
OptionEase platform was written by auditors so it encompasses what we
are looking for and in a well thought out manner.”

To learn
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 FAS123(R) 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).

About Watkins, Meegan, Drury & Company, LLC

Watkins,
Meegan, Drury & Company, L.L.C. was founded in 1975 and has grown
steadily to rank today among the 100 largest Certified Public
Accounting firms in the nation. The firm is headquartered in Bethesda,
Maryland, with additional offices in Tysons Corner, Virginia, and
Annapolis, Maryland. It offers a vast array of services including tax
compliance and consulting, auditing and accounting, business process
outsourcing, forensic accounting, government services, and more. To
learn more about Watkins Meegan, go to www.WatkinsMeegan.com or call
Kristen Eitzel at (703) 847-4411.

Media Contact:

Tracey Claxton

OptionEase

P 949-542-3800 ext. 723

tclaxton @ optionease.com



Author Information

Tracey Claxton
OptionEase, Inc.