AgriculturalLink.com/blog updates latest topics about livestock, food manufacturers, vegetables, organic farming, agritourism, marketing & market info, agribusiness.

Archive for July 23rd, 2017

EscrowTech Announces Synchronized Software Escrows with GitHub Repositories

Sunday, July 23rd, 2017

FOR IMMEDIATE RELEASE

(Lehi, UT) Today more than ever software developers need to have access to a reliable partner who will keep their source code safe while making sure the end users maintain the ability to use the mission critical software should the worst happen. In an effort to meet this demand, EscrowTech International, Inc. launched software escrow services to provide developers, as well as end users with invaluable peace of mind.

“With our software escrow services, developers and users can mitigate the business continuity risks associated with a software license,” stated company representative Bryan Christiansen. “If you are responsible for creating mission-critical software applications, you need to provide your customers with some type of guarantee that you – or at a minimum, your source code – will be around in case they ever need maintenance, recompiling, updating or reinstallation. Even if you have a sterling reputation, your customers may want more than just your word if they are making a major software purchase.”

The software escrow service provided today is the something extra many customers are looking for. It is a method of reducing risk when there are two, or more, parties that are working to negotiate a software license. By using source code escrow services, the source code will be placed in a secure account and held by a reputable independent third party.

“With our services, if the software developer is unable to support their product for the reasons outlined in the escrow agreement, such as merger acquisition, obsolescence or bankruptcy, the licenses are still going to have access to the source code needed to keep the mission-critical applications up and running,” continued Christiansen.

With the software escrow solutions provided by EscrowTech, parties can enjoy smoother negotiations, establish confidence by addressing concerns of potential licensees and provide safe storage of the source code, along with other materials with a single company rather than scattered across several customers. The additional security and peace of mind make the services invaluable for modern businesses.

ABOUT ESCROWTECH INTERNATIONAL, INC

EscrowTech offers “two site” storage for source code, IT assets, documentation, intellectual property and other types of technology materials to provide added retention security at no additional fees. The company offers clients 24-hour armed protection, as well as 24-hour electronic surveillance. The vault is also constructed with fire retardant material and located inside of a granite mountain. Thanks to the unique construction, the location is natural disaster proof and meets the federal standards regarding temperature, humidity and other factors for archival storage.

Advanced reading: http://studio-5.financialcontent.com/mi.islandpacket/news/read/34261998

Why not learn more about Programs?

Sunday, July 23rd, 2017

HOW TO PROTECT YOUR CUSTOM SOFTWARE ASSETS USING SOURCE CODE ESCROW.

A source code escrow is a guarantee to companiesthat in procuring bespoke solution from the software developers. The functioning of custom software is a critical mission to companies and if the buyer are unable to continue maintaining and supporting the software as a result of bankruptcy, it can cause a major problem to the licensee. One conceivable arrangement would be for the licensee to approach the breakthrough source code. However most programming improvement organizations won’t consent to this – the source code is their protected innovation and they will be greatly unwilling to discharge it to the licensee.

It is at this point the source code escrow is introduced by companies. If there is a conflict of interest in the company source code escrow is the best solution. A third party person is used as the escrow code agent and the code is released to the licensee when the buyer is unable to continue providing support and maintenanceas per the agreement of the contractual source escrow code agreement. It is worth noting that the software escrow agent is typically a company specializing in the source code service and it should completely independent for both the licensor and the licensee. The typical provisions of a source escrow agreement include the following.

A meaning of the degree and subject of the escrow(for the most part this will incorporate the source code of a particular programming arrangement, and anything that would be required to freely keep up the product, including documentation and programming devices.) is the first benefit of the source escrow code.

Another consideration they should be made is looking at the conditions that meet for the escrow agent so that they can release the source of code to the licensee,for instance, bankruptcy of the software buyer or the cancellation of the development project.

Another thing that should be considered are the specification of the rights that of the licensee when it comes to the source code after the software is released, for instance, the right to modify the code to fix bugs.

The fourth consideration is the determination of administrations.the escrow operator gives past straightforward guardianship of the product, the specialist may, for example, manufacture the product and watch that the paired matches the adaptation provided to the licensee.

Any charges because of the specialist for givingescrow administrations. If a bankruptcy occurs.], on the side of the software developer, the developers creditor may be legally entitled to seize all the aspects such as source code escrow and this may prevent or may delay the release of the software to the licensee.

Featured post: click now