Palamida Partners with Cyber Korp to Protect Software Intellectual Property Rights
Strategic Relationship Enables Confident Adoption and Use of Open Source in Software Development Projects
San Francisco, CA - January 10, 2007 -
"Software today is a mix of commercial and open source code. Current development efforts offer no transparency into whether or not the end product creates any intellectual property, compliance or import/export challenges for the company," said Mark Tolliver, CEO of Palamida. "Our relationship with Cyber Korp provides customers with a comprehensive means of auditing and managing mixed code compliance and intellectual property rights — allowing them to safely and effectively embrace the benefits of open source."
Cyber Korp performs code audits using Palamida's IP Amplifier — offering a fast, intelligent method for evaluating and protecting software assets. IP Amplifier scans an organization's existing code base, uncovers and catalogs commercial and open source third-party software components, and associates those components with licenses and in-house policies. Clear, concise IP Ingredients reports and a multi-user workspace help quickly pinpoint specific high-risk areas of company code against due diligence criteria to identify legal and compliance remediation issues. Drawing on the industry's largest and most comprehensive library, IP Amplifier provides detailed information on over 750,000 commercial and open source projects including licensing and copyright information.
Once high-risk issues are identified, Cyber Korp also provides strategic consulting and remediation resources to cost-effectively rectify intellectual property violations and recommend solutions to restore organizations to full compliance.
"The Palamida - Cyber Korp partnership provides a truly complete solution for managing software and IP risks," said Chellasamy Jamburajan (Chella), CEO of Cyber Korp. "Our customers are committed to respecting intellectual property rights and want to identify and remediate violations. By working with Palamida, we are now able to bring software transparency solutions to our clients so that they can confidently incorporate open source into their development environments and effectively manage them in the future."
About Cyber Korp
Cyber Korp offers a complete range of services in business-technology consulting, Enterprise Information Portal (EIP) development and deployment, Internet and e-business services, custom application development, re-engineering, facilities management and IT out-sourcing. Their key competency is their ability to derive and understand the business needs of customers, then effectively translate those needs into technology solutions. Cyber Korp has built extensive expertise in vertical industry segments of finance, insurance, manufacturing, sales & distribution of FMCG, plastics & polymer, textiles and calibration. With operational bases in the US and India, Cyber Korp is strategically positioned to address the technology needs of customers around the globe. For more information about Cyber Korp, visit www.cyberkorp.com.
Founded in 2003, Palamida answers the question, "What's in your code?" By providing an unprecedented level of software transparency, customers are empowered with in depth information about the use and development of software assets in their organizations. Palamida software intellectual property (IP) management solutions and audit services offer a fast, intelligent method for on-going testing against IP policy during application development, evaluating and protecting software assets during mergers and acquisitions (M&A), and providing proactive governance and risk mitigation for organizations utilizing custom built software applications including: financial services, insurance, telecom and government. Palamida's customers include Avaya, Cisco Systems, EMC, Microsoft and Sun Microsystems, among others. Read Palamida's blog at www.palamida.com/blog or for more information visit www.palamida.com.
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