OTTAWA (Marketwire - June 25, 2009) – Protecode® Inc. today announced details of its global partner program expansion aimed at responding to the growing need for reducing the business risks and the commercialization costs of software-intensive products and applications. Leading service providers, system integrators and Value Added Resellers (VARs) are concerned with Intellectual Property (IP) issues that are becoming dominant with the explosive growth of open source software, code re-use, and development outsourcing.
"Our customers are embracing more outsourcing and open source solutions to reduce time to market and development costs. Businesses need to reduce risks and commercialization indemnity costs by ensuring company software has clean IP and is unencumbered by unmet legal obligations," said Ankur Mehrota, CEO of Meteonic in Bangalore, India. "By partnering with Protecode, we gain access to the most advanced industry tools for software IP audit and IP management within the development environment. It will enable our customers to compete more effectively in their market segments."
Emenda, a European-wide service provider to companies delivering safety critical, business critical, high integrity software systems, is committed to helping its customers reduce the time it takes to build and test their software, enabling them to concentrate on improving software quality. "By automating the management of IP rights within the build environment, Protecode will help our customers concentrate on developing software by ensuring they comply with any relevant license agreements," said Neil Langmead, CEO of Emenda.
Jorge Sagastume, Vice President of EscrowTech International, stated, "We are very pleased to team up with Protecode. We now use Protecode's advanced software and technology to expand the tools and resources available to EscrowTech, providing our clients sophisticated open source due diligence services that mitigate legal, contractual, investment, acquisition, and intellectual property risks and uncertainties relating to software products. Our technical team's review of Protecode's software and technology gave Protecode an enthusiastic 'thumbs up!' By combining Protecode's software and technology with our own resources, expertise, and experience, EscrowTech offers open source due diligence services unmatched by any of our competitors."
Protecode solutions are of particular interest to partners that provide automated software development, testing and quality assurance solutions, as well as those involved in software IP management activities in the context of M&As, technology transfers, commercial transactions and investment valuations.
About Protecode
Protecode Inc. delivers leading products and services for software governance and Intellectual Property (IP) management. Protecode IP Audit Service is an accurate, fast and efficient process to determine open source and other third party licensing obligations in a code portfolio. Protecode products include Developer IP Assistant, the software industry's first real-time IP management solution, Enterprise IP Analyzer, for bulk analysis and reporting of existing code portfolio, and Build IP Analyzer, for analysis and ensuring end products meet IP obligations. Protecode products enable enterprises worldwide to achieve mandated IP governance and effective rationalization of their source code assets, increasing corporate value and reducing costs. For more information, visit www.protecode.com.
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