Restricted Stock Systems' solutions allow inside traders to buy or sell securities within the trading plan safe harbor of SEC Rule 10b5- 1(c). Trading plans can be selected, approved, monitored and sent directly to a preferred broker entirely through the RSS web-based application. The merger is expected to close within 30 days, pending the satisfaction of closing conditions.

The acquisition will enhance Computershare's growing number of compliance- related services, including stock option, restricted and employee stock purchase plan administration and software as well as global subsidiary management solutions. The RSS solution will also complement and enhance Computershare's current employee plans offering in the US.

"Restricted awards are becoming a greater part of compensation plans. And, with the greater flexibility to insiders via Rule 10b5-1(c), managing, tracking and reporting insider trading has become more complex and resource- intensive," said Steve Rothbloom, President and CEO of Computershare US. "Insider trading solutions are the next natural step for Computershare. We already provide software, administration and management to clients in all industries for their employee stock plans. Now we can provide even broader support to clients as they manage their compensation programs."

Restricted Stock Services, Inc. was founded in 2000 and is located in Princeton, NJ. They have 20 employees.