Salt Lake City, UT (PRWEB) October 30, 2012
Colonial Stock Transfer Company, Inc., a leading stock transfer agent, announced today it has entered into an agreement with SyncBASE Inc., a leading supplier for share based compensation, to assist in providing employee stock option plan administration solutions to clients of Colonial Stock Transfer.
OPTRACK, SyncBASE’s flagship product, is a state of the art web based platform that allows both administrators and employees direct access to manage their own stock option equity plans and provide financial reporting.
“We are very happy to provide stock plan administration and accounting to our clients. OPTRACK is certainly a state-of-the-art product, and our market research has indicated to us that it is the best in its class. In addition, references from our clients who are already using OPTRACK has been very positive and is indicating to us that this is the company that we would like to work with I am certain that our clients will be thrilled with Colonial’s new offering to provide all equity services to its clients,” said Kathy Carter, President of Colonial Stock Transfer.
“It is only natural for the leading stock transfer agent and the leading stock plan administration software company to be working together. This alliance will provide the Colonial’s clients all aspects of running their share based plans. We are very pleased to be working with Colonial Stock Transfer, which has demonstrated a high level of professionalism and diligence in all aspects of their operations,” stated Ramy R. Taraboulsi, CEO of SyncBASE, Inc.
ABOUT SYNCBASE, INC.
Based in Toronto, Canada, since 2003, SyncBASE has been providing leading edge web-based solutions for financial executives in both public and private companies in the areas of stock-based compensation management and accounting, risk management and internal control certification, and International Financial Reporting Standards conversion.
ABOUT COLONIAL STOCK TRANSFER COMPANY, INC.
Colonial Stock Transfer is a leading stock transfer agent providing first class service combined with cost saving efficiencies. With over 25 years of being in business, Colonial Stock Transfer offers a synergetic combination of technology and personalized, energetic, professional and experienced customer service. In addition to transfer agent services, Colonial Stock Transfer offers Annual Shareholder Meeting and Proxy Services, EDGAR and XBRL Filings, Press Release Distribution, Employee Stock Option Plan Administration (ESOP), and Dividend and Escrow Paying Agent Services. Colonial serves public companies listed on NASDAQ, NYSE AMEX, OTC Bulletin Board, and Pink Sheets and offers a full suite of services for privately-held companies. Colonial Stock Transfer has been registered and in good standing with the Securities and Exchange Commission since 1987. The firm is a DTC FAST and DRS agent participant and are active members of the Securities Transfer Association (STA).
Colonial Stock Transfer Company, Inc.