CEDAR RAPIDS, IA--(Marketwire - April 13, 2010) -  The National Association of Unclaimed Property Administrators (NAUPA) has selected ETM to be its exclusive provider of holder-reporting software. ETM will offer the software to NAUPA members and their holders at no charge and will provide ongoing product training and customer support. The software will be available for this fall's reporting deadlines.

"We conducted a rigorous national search," said John Gabriel, president of NAUPA. "Our RFP had stringent requirements. Our search committee was demanding. But ETM met every one of our criteria and then some. Our commitment to giving thousands of holders of unclaimed property a system, at no charge, for reporting, simplified administration, regulatory compliance, and standardized formatting will continue."

ETM's unclaimed property system was required to:

  • Meet the electronic reporting needs of all state agencies responsible for unclaimed property law administration
  • Conform to the most recent NAUPA Standard Electronic File Format (NAUPA II)
  • Ensure required fields are populated with appropriate numbers/types of characters
  • Import Excel spreadsheets
  • Print the file in a legible format
  • Export the file in .CSV format
  • Allow free-form entry for non-US address fields.

"This is a gratifying endorsement of our capabilities," said Larry Kane, ETM's president. "NAUPA challenged us to meet its uncompromising commitment to its members. And they demonstrated their faith in us with this agreement. We're as grateful as we are pleased."

NAUPA is a non-profit organization affiliated with the National Association of State Treasurers and the Council of State Governments. Its mission is to promote and support excellence and professionalism among those responsible for unclaimed property administration and compliance. Members represent all states, the District of Columbia, and other international governmental entities. NAUPA provides a forum for continuing discussions for interstate cooperation, education, training, laws, reporting requirements, and public awareness of the states' role in protecting and returning property to rightful owners. For more information, please visit www.unclaimed.org.

About ETM
ETM is a 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. For more information, please visit www.byetm.com, call (800) 975-3245, or e-mail sales@byetm.com.

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Media contact:
Mark O'Brien