OptionEase and Watkins Meegan Partner to Provide Advanced FAS 123R 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




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



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