Wednesday, December 07, 2005

THe Benefits of a software Escrow - ETI

How Source Code Escrow Benefits the Developer

• Establishes clear ownership


• Demonstrates efforts to protect the trade secrets that make your intellectual property valuable (You must take steps to guard your trade secrets before a court will consider them your confidential property.)

• Protects against fraudulent claims by employees or competitors


• Helps increase sales by providing a cost-effective solution to your customers' need for assurance of program maintenance

• Can be used as collateral for financing from banks or investors



How Source Code Escrow Benefits the User


• Protects your investment in technology

• Ensures the transfer of proprietary information to you should the developer declare bankruptcy

• The source code will remain updated and intact

• Ensures long-term maintenance of licensed software

• Easy to enroll as a licensee

No comments: