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April 22, 2008, West Cork, Ireland
Global Shares and Monidee announce a licence agreement for the tOption platform
Global Shares and Monidee are pleased to announce that Global Shares will use the tOption platform with a particular focus on European companies that operate employee share plans.
As part of the agreement, Global Shares will licence tOption, the Monidee system, and offer it as an IT solution for their European outsourced administration business.
Maoiliosa O’Culachain, COO of Global Shares, stated “We are pleased to have reached agreement with Monidee. Global Shares sees the relationship as an important element in our multi-platform strategy, which is designed to ensure that we have the best IT systems available to us to meet our individual clients’ needs. We look forward to working closely with Monidee to build a joint client base.”
Hans Van Tol, Managing Partner of Monidee, said: “With this agreement, Monidee, which has developed the leading European stock plan administration IT system, has joined forces with a premier independent provider of quality stock plan administration solutions to support European companies that operate employee share plans. We are confident that this will be a productive and enduring relationship that will help both companies to grow their business significantly.”
For more information, please go to www.globalshares.com or www.monidee.com.
About Global Shares
Global Shares’ mission is to support all companies that provide equity to their employees through administration and related consulting services to optimize the benefi ts for both the companies and their employees, by combining world class expertise, leading edge technology with excellent client service and total fl exibility. Headquartered in West Cork, Ireland, it has operations in the US, UK and China.
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