Gordon C. Rausser, Ph.D., Elected Chairman of the EASi Board of Directors

PLEASANTON, Calif., July 10, 2012 /PRNewswire/ -- Equity Administration Solutions, Inc. (EASi), the leading independent stock plan software company today announced that the Board of Directors of the Company has elected  Dr. Gordon Rausser as its Chairman.  Vito Palmieri, EASi's former Chairman and co-founder continues to serve as a Board Member.

Dr. Rausser is a recognized national expert on financial markets, a widely-published author and inventor, and a founder of several successful start-up companies. The recipient of 16 national awards for original research discoveries, since 1986 Dr. Rausser has been the Robert Gordon Sproul Distinguished Professor at University of California, Berkeley.  He is also Chairman and founder of OnPoint Analytics, Inc., an economic and financial consulting firm.

"EASi's management team continues to impress me," said Dr. Rausser.  "I see a company that is singularly focused on delivering best-in-class SaaS solutions for equity compensation management and poised for exponential growth. I look forward to the contributions I can make in my new leadership role."

Dr. Rausser's distinguished career achievements include serving as Senior Economist on the President's Council of Economic Advisors in the mid-1980's (under President Reagan) and subsequently as Chief Economist of the U.S. Agency for International Development from 1988 to 1990.  Dr. Rausser has been elected as a Fellow of the American Association for the Advancement of Science, the American Statistical Association, and the American Agricultural and Applied Economics Association (AAEA).

"As a lead investor and early EASi supporter, Dr. Rausser has been instrumental in the growth and continued success of the company since he joined the Board in 2007," said Carine Schneider, EASi's CEO.  "He brings invaluable insight, business acumen and knowledge of global economics and we are delighted to have him serve in this new role. I personally appreciate his support and guidance as we work together to bring innovative solutions to the marketplace."

About EASi
Equity Administration Solutions, Inc. www.easiadmin.com is the largest independent stock plan software technology company in the world. Unlike other technology providers, EASi works with any brokerage firm and does not derive any revenue from wealth management fees or trading commissions. A SaaS company, EASi set the standard in stock plan solutions with its comprehensive industrial strength platform that handles all the accounting, tax, administration, participant services and compliance needs of companies that grant equity awards. Headquartered in Pleasanton, CA, EASi serves more than 750 companies on five continents in over 20 countries with participants based in 70 countries and continues to lead the industry with second-to-none solutions in areas including ASC718 (FAS123R), IFRS2, Performance Awards, material modifications and WorkStream process automation. In 2010 Inc. Magazine ranked EASi 35th in the Financial Services industry segment and in the top 12% on its annual list of fastest growing private companies in America.   In 2011, EASi was ranked 174th on Deloitte's Technology Fast 500™, ranking of the 500 fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America.

Contact:
Jennifer Lopez, EASi
[email protected] 
+1-925-730-4223

SOURCE Equity Administration Solutions, Inc.