Formation Solutions™ Selects CorpData’s EntityManager™ for Business Entity Workflow

California-based firm joins growing list of business formation service firms utilizing EntityManager software to reduce overhead and increase productivity

Jersey City, NJ — June 16, 2011 — CorpData LLC, provider of enterprise entity management and workflow solutions to the business formation and registered agent services industry, announced today that Formation Solutions, Inc. has selected CorpData’s EntityManager™ solution to support their business formation and registered agent practice. Based in Venice, California and with a practice that was founded in 2002, Formation Solutions joins a growing list of business formation service companies that are taking advantage of CorpData’s EntityManager software platform.

EntityManager is a web-based business process automation tool designed to help business formation and registered agent service providers to process and manage new business entities. EntityManager reduces time spent on routine tasks, reducing overhead and enabling a higher level of service. From entity formation and initial order placement to ongoing management, invoicing, and annual renewals, EntityManager helps users to keep track of critical information and respond to changes and deadlines, quickly and efficiently.

Misha Vaynshenker, CorpData’s president and CEO, says “We’re very pleased to welcome Formation Solutions to the CorpData client roster. They join a growing number of service firms that are using our web-based technology to reduce overhead, while increasing their productivity and overall profitability.”

“Working with CorpData has provided us with an opportunity to increase our internal efficiency in performing services for our customers, enabling us to continue to grow our business aggressively,” says Matthew Burgess, CEO for Formation Solutions. “Over many years, we’ve developed complex internal processes for our workflow. With EntityManager, we’ve found a software platform that has been built from the ground up with this kind of complexity in mind. The functionality and configurability within the EntityManager platform is designed to effectively manage business formations and the ongoing management and compliance requirements for business entities.” He adds, “More importantly, the company’s willingness to make changes and updates to the system to accommodate our needs made all the difference getting us up-and-running on this powerful platform, and is a testament to CorpData’s responsiveness to the needs of their users.”

About Formation Solutions, Inc.
Based in Venice, CA, Formation Solutions, Inc. offers services related to the formation of new Limited Liability Companies, S and C corporations, nonprofit corporations, and professional corporations, providing key initial documentation and required jurisdictional filings for business entity formation. They provide a thorough entity formation package, going far beyond the initial filing of papers with the various Secretaries of State. Their services include Incorporation and LLC Formation Services; Annual Statement Filing Services; and Resident Agent for Service of Process in all 50 States. To learn more, visit their website at www.formationsolutions.com.

About CorpData
CorpData LLC, is a provider of entity management solutions for the business formation and registered agent services industry. Based in Jersey City, NJ, with technology development centers in Riga, Latvia, and Moscow, Russia, CorpData solutions enable workflow and customer relationship management for small and mid-sized businesses. For more information, visit their website at www.corpdata.com.

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Note: All designated trademarks used herein are the property of CorpData, LLC. All other marks are trademarks or registered trademarks of their respective owners.

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