X0305 4 2012-03-15 0 0000884144 ASURE SOFTWARE INC ASUR 0001325533 Red Oak Partners, LLC 304 PARK AVE SOUTH 11TH FL NEW YORK NY 10010 1 0 1 0 Common Stock, ($0.01 par value) 2012-03-15 4 X 0 120000 5 A 440150 I By The Red Oak Fund, LP Red Oak Partners, LLC ("ROP") serves as the general partner of The Red Oak Fund, LP, a Delaware limited partnership (the "Fund"), the direct owner of the subject securities. David Sandberg is the managing member of ROP and the Fund's portfolio manager, and the direct owner of the subject securities. ROP serves as a managing member of Pinnacle Partners, LLC, a Colorado limited liability limited company ("Pinnacle Partners"). Pinnacle Partners is the general partner of Pinnacle Fund, LLLP, a Colorado limited liability limited partnership ("Pinnacle Fund"), the direct owner of the subject securities. Each Reporting Person disclaims beneficial ownership of all securities reported herein, except to the extent of their pecuniary interest therein, if any, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of the shares for purposes of Section 16 of the Securities and Exchange Act of 1934 or for any other purpose. David Sandberg 2012-04-06