Software Escrow

We provide source code escrow services by acting as a neutral third party and holding a copy of the source code during the license agreement. This benefits both the software proprietor and the licensee of the software.

Software escrows are relevant when the software user licenses an important or critical application and there is no commercially available substitute that could be acquired and placed in use on short notice at a reasonable cost. If the software publisher fails to maintain and enhance the software as required by the license agreement, or goes bankrupt, the user would need the program's source code and technical information about the source code in order to continue to maintain and enhance the critical program.

We provide a competitive and reliable alternative to the offerings currently on the market for both single and multi user agreements. Single agreements involve a 3 party agreement between us, the software developer and the user. Under a multi user agreement the same parties will be involved, save that a number of users can be added at later dates.

Software escrows are a subset of a broader type of escrow known as the technology escrow. The major difference between the two is that a software escrow arrangement is limited to software and related items including updates, enhancements, technical documentation, user documentation, and flow charts, while technology escrows are used for non-software and software technology. Technology escrows are used by inventors and participants in research and development joint ventures to substantiate the date and timing of the creation of their inventions. The inventions or technology of such parties may or may not involve or include software.