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Protecode Announces Streamlined Audit Service for Discovering Open Source and Third Party Code

OTTAWA, CANADA – April 16, 2012 – Protecode, a leading provider of open source license management solutions, today launched QuickAuditTM, a code auditing  service for small projects of 5,000 software files or less. QuickAudit is a one-time software assessment service that identifies all open source and third party code, highlighting licensingand copyright obligations associated with the code. This service is ideally suited for small and medium-sized organizations and for smaller projects in larger organizations.

QuickAudit is intended for use any time a transaction involving software is anticipated. This can include product delivery to market or clients, mergers & acquisitions (M&A),investments, as well as technology transfer between organizations whether they are commercial, academic or otherwise public.

QuickAudit is offered through an easy-to-use, secure, self serve system on Protecode’s website at www.protecode.com. The audit is performed by Protecode’s licensing experts using Protecode System 4TM automated scanning tools. As part of this service, Protecode delivers an executive audit report detailing all open source packages, licenses, copyrights, etc. associated with software files in the target portfolio. A license obligation report, summarizing the obligations associated with all licenses found in the portfolio, is also provided.

Most organizations, knowingly or unintentionally, use open source and third party code to speed up development and reduce costs making software audits necessary. Since records of external code usage are not generally kept, uncertainties around Intellectual Property (IP) ownership can arise, affecting time to market and negatively impacting M&A activities. Protecode’s QuickAudit service allows organizations to identify software components that are used in their projects and remedy licensing issues before they become a problem.

“Often a code audit is one of the last steps in the quality assurance process reviewed by a prospective customer. Protecode’s streamlined audit can be completed in as little as five days, depending of the number of files, which in turn speeds up the customer’s quality review process,” said Mike Sherman, vice president of engineering, Mocana Corp, a leader in smart device security.

Protecode’s streamlined QuickAudit service addresses the global demand for fast and efficient code auditing services, especially in locations where an open source audit service was not previously available. With guaranteed pricing, delivery times worldwide, and a web-based application process, Protecode’s QuickAudit service complements its existingProtecode CertifiedTM service, bringing open source license management to smaller organizations worldwide.

About Protecode

Protecode provides a comprehensive solution for managing open source software licenses. Protecode System 4™ uses lightning fast code scanning that works behind the scenes in real-time with code libraries, build processes and desktops to detect and report open source licenses relative to company-defined policies. Built for ease-of-use and minimal intrusion into existing development processes, Protecode cost-effectively manages the lifecycle of open source licensing obligations. Protecode is headquartered in Ottawa, Canada with partners worldwide. For more information, visit www.protecode.com.

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