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Escrow Assured

iFOREM Unveils Escrow Assured On-Demand Intellectual Property Protection

iForem introduces Escrow Assured - the industry's first on-demand, fully-automated, purely-digital Open Escrow service. iForem Escrow Assured allows businesses to easily and affordably safeguard intellectual property and associated digital content by dramatically reducing the cost and complexity of traditional escrow offerings.

For the first time, Independent Software Vendors (ISVs) can benefit from the competitive advantage of a streamlined Web-based solution that ensures property integrity. In addition to offering affordable protection to individual and small-medium size ISVs, iForem Escrow Services provide value to large software publishers as well.

The Software Escrow Challenge Software escrow agreements enable customers to gain access to application code (and the intellectual property that supports it) if certain conditions arise - for example, if the ISV's operations are disrupted, it goes out of business or is acquired by another vendor that is unwilling to support the application.

In traditional software escrow, a custom contract is created where an escrow agent keeps possession of source code and releases it to a beneficiary under very specific circumstances. Only iForem provides a universal client-independent contract backed by secure digital code storage and release based on iForem Virtual Vault technology. Moreover, many software vendors, as well as customers, are discovering that traditional escrow agreements are not well-suited for today's on-demand world due to their expense, lack of scalability, reliance on physical storage, and the long lead times involved in resolution.

To stay current with intellectual property protection news and trends, visit the IPAssured Network at http://IPassured.com/.

About iForem Escrow Assured Escrow Assured, iForem's flagship software/intellectual property (IP) escrow solution, is based on key principles and best practices from the on-demand services market and leveraging iForem's groundbreaking Automated Retention Management (ARM) platform, iForem's unique Pick, Click & Go Universal Escrow Contract and the company's Virtual Vault technology, Only Escrow Assured allows beneficiaries to be selected after software (including Open Source Code core modules) or other intellectual property is escrowed.

Escrow Assured Affiliate Partner Program iForem has also made Escrow Assured available to a wide audience through its Affiliate Partner Program, which allows IP attorneys, aggregators, service providers, or large software publishers looking for the convenience of escrowing their clients' code with a single click through another industry first - the iForem Escrow Assured Badge.

Pricing and Availability Escrow Assured is priced at $799 per code base (includes one beneficiary). Each additional beneficiary is priced at $29.95. For more information, visit www.iforem.com.

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fact sheet
DPW id#: 1222922337
date posted: Oct. 17, 2008
category: Small Business Software and Services:Storage and Media
platform: All
vendor: iForem
(www.iforem.com)
vendor's information:
about Escrow Assured
about iForem


Small Business Software and Services

Accounting / Financials / Taxes | Anti-Spam and Anti-Virus | Business and Productivity | Communications and Networking | Graphics / Publishing / Web Design | Groupware / Middleware / Server Software | Groupware/Middleware/Server Software | Human Resources | Misc/Other | Security and Firewalls | Servers and Networking Gear | Storage and Media | Utilities | Web-based Applications
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