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January 11, 2011

Two Step Software launches Corporate Focus for ownership reporting

Updated user interface, automated calculation of reserved shares; and updated reports for tax reporting requirements

By CBR Staff Writer

Two Step Software, a provider of consolidated entity life-cycle management and ownership administration, has launched Corporate Focus version 6.5 with redesigned user interface, as well as many changes for comprehensive entity management and ownership reporting.

The Corporate Focus Version 6.5 features include an updated user interface design; in-depth reporting of historical changes to authorised shares; automated calculation of reserved shares; and updated reports for IRS Sec. 6039 to meet new tax reporting requirements.

Equity Focus which is now renamed as Corporate Focus is the same system, while the latter has features related to equity compensation reporting under FAS 123R and the Corporate Focus comes with Option Expensing module.

Two Step Software CEO Gary Levine said with the upgraded user interface design, view-only users of Corporate Focus will find it even easier to navigate the system to find information or print reports without any training.

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