For Immediate Release
Contact: Info@optionadmin.com
650-358-1400
San Mateo, CA (PRBuzz.com) July 18, 2013 -- Option Admin, Inc. (OAI), a provider of state-of-the-art software and service solutions for corporate equity management today announced the successful deployment of its Stock Ledger and Employee Portal modules to automate Storm8's equity compensation process and capitalization.
The deployment of the OAI system provides Storm8 with a centralized platform to execute grants, exercises, terminations, and other equity transactions. The OAI system will be the hub for all equity based communication, documentation and reporting requirements. The OAI system will provide real time access to current equity instrument holders allowing them to access their
equity positions in perpetuity.
Product Key Features:
• Ability to automate all grants, exercises and termination including documents and workflow
• Individual shareholder access to a centralized and unique OAI account with all equity
information including legacy agreements
• Complete end to end stock administration automation
• Tax reporting
• Easy-to-navigate user interface
" I am greatly satisfied with Option Admin's Stock Administration Platform. It has optimized the communication process with our stockholders, automated time-consuming equity transaction procedures and provided us with a full service package that has been customized to the needs of our company, through an excellent and secured portal." Co-Founder and Chief People Officer at Storm8. - Laura Yip
"I'm very pleased with the successful deployment of our Stock Ledger and Employee Portal modules for Storm8. Our platform provides a unique full service solution for Storm8 incorporating both systems and services allowing Storm8 to efficiently manage their equity programs."- Benjamin Portusach, Option Admin's CEO.
About Option Admin, Inc.
Option Admin, Inc. provides a complete state-of-the-art, cloud-based software and service solution for corporate equity management. We are a software and service firm focused on Equity Administration and Accounting. Option Admin's strengths include Stock Based Compensation and Equity Transactions such as Stock Ledgers, ASC 718, Tender Offers, Exchanges and Stock Repurchases.
For more information please visit: http://www.optionadmin.com
About Storm8
Storm8, Inc. is the leading developer of social games for iOS and Android, with more than 400 million total downloads to date. Storm8 is also home to three innovative brands: TeamLava, Shark Party and FireMocha. Under these brands, Storm8 has amassed a network of over 200 million devices worldwide and continues to create engaging mobile social games that span genres - from casual arcade hit Bubble Mania, to social casual games like Pet Shop Story, Restaurant Story, Bakery Story and Dragon Story, to MMORPGs like World War, iMobsters and Vampires Live, to social casino games like Slots. For more information please visit: http://www.storm8.com