ETM Puts Idaho Into Production on UPExpress

BOISE, ID--(Marketwire - Sep 18, 2012) - ETM, developer of UPExchange for unclaimed property reporting -- and Wings Plus for financial reporting and tax compliance -- announces that the State of Idaho is now in production on UPExpress. UPExpress is the industry's first-ever standardized, online, electronic system for creating and submitting unclaimed reports -- in one session. Additionally, future plans will include the ability to remit payments electronically with UPExpress.

"UPExpress changes the game for us and for all of the holders who report unclaimed property to us, regardless of the states from which they report," said Cozette Walters, Administrator, Unclaimed Property, for the Office of the Idaho State Treasury. "Before UPExpress, the idea that unclaimed property reporting could have been convenient would have been absurd. But it's convenient now. The amount of time and paper it saves is almost incalculable. The amount of confusion and errors it eliminates is even greater. Beyond that, it enables holders to comply with our specific requirements automatically."

UPExpress enables one simple process and one report to be delivered over the Internet. It allows states to tailor the information they receive, their upload requirements, their holder agreements, and their reporting and remittance options. And it makes it possible for holders to take care of all of their multi-state reporting in one, simple, online session.

"One of the benefits for the holder community is that UPExpress can be used with any holder's existing systems," said Layton Olson, SVP at ETM. "It complements the processes and procedures they use right now. It accepts outputs from Tracker, HRS Pro, UPCS, FSITrack -- even internally developed reporting software. One system. One sitting. One large headache gone."

To contact the State of Idaho about UPExpress, please call Sheryl Stans at 208-332-2977.

About ETM
ETM is a Web-application-development firm that specializes in providing financial reporting and tax-compliance services. ETM is dedicated to financial processing and reporting, making its clients more efficient, consistently accurate, and uniformly compliant. Founded in 2001, ETM now serves more than 13,000 companies in automating the administration and filing of financial information to meet numerous regulated reporting requirements. For more information about UPExpress, please visit www.byetm.com/landings/upexpress.html, call 800-975-3245, or e-mail sales@byetm.com. To read a white paper on online, electronic reporting, please go to http://byetm.com/index.php/white-paper.