Protecode Named "Cool Vendor" by Leading Analyst Firm

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Ottawa, ON – May 11, 2010 — Protecode®, Inc. creator of the world’s fastest and most reliable software Intellectual Property (IP) engine, today announced that it has been selected as a Cool Vendor in the “Cool Vendors in Intellectual Property, 2010”* report by Gartner, Inc. The report identifies vendors that are taking an innovative approach to applying IP management capabilities in their product offerings.

“Increasing productivity and efficiency are goals in every organization that develop software. Third party code, internal code, and open source code are just a few components that developers use to shorten time to market and reduce production efforts,” said Mahshad Koohgoli, CEO, Protecode. “We consider our inclusion in the Cool Vendor report by Gartner confirmation of our mission to ensure that customers understand what’s in their code and allow them to manage compliance the way they want through an organizationally integrated IP policy framework.”

While not being the only company to provide IP-policy features, Protecode is unique in its policy-first perspective, offering a broad range of products for all stages of software development, and focusing on analysis through the lens of broader IP policy support.

Protecode’s portfolio of Software Lifecycle IP Management solutions enable the implementation of a straightforward process for the safe and efficient adoption of open source, outsourced or any other 3rd party software. Named the Software Adoption Workflow (SAW), this process enables enterprises to achieve mandated IP governance and effective rationalization of their source code assets, increasing corporate value and reducing costs. Now, all software organizations, independent of size and location, can take advantage of open source software and outsourcing to accelerate their development, reduce their costs, and remain confident that all licensing and copyright obligations are understood and adhered to.

For more information about Protecode, its products and services, visit www.protecode.com.

About Gartner's Cool Vendors Selection Process

Gartner's listing does not constitute an exhaustive list of vendors in any given technology area, but rather is designed to highlight interesting, new and innovative vendors, products and services. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness of a particular purpose.

Gartner defines a cool vendor as a company that offers technologies or solutions that are: Innovative, enable users to do things they couldn't do before; Impactful, have, or will have, business impact (not just technology for the sake of technology); Intriguing, have caught Gartner's interest or curiosity in approximately the past six months.

About Protecode

Protecode, Inc. delivers leading products and services for software governance and Intellectual Property (IP) management. Protecode's Software Lifecycle IP Management portfolio includes the Developer IP Assistant real-time IP management solution, Enterprise IP Analyzer, for bulk analysis and reporting of existing code portfolio, The Repository IP Checker for analysis of code that is checked into the library, and Build IP Analyzer, for ensuring end products meet IP obligations. Protecode also offers its IP Audit Service as an accurate, fast and efficient process to determine open source and other third party licensing obligations in anticipation of a commercial, financing or M&A event. 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.


* Gartner “Cool Vendors in Intellectual Property, 2010” by Brian Prentice, 16 April 2010.


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