11-10-2008 07:16 PM CET - Business, Economy, Finances, Banking & Insurance
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InnovaSafe, Inc., Partners with Chaperon, LLC, to Offer IP-Ensure Secure Solutions

Press release from: InnovaSafe, Inc.

Valencia, Calif., Oct. 6, 2008 — InnovaSafe, Inc., a worldwide leader in intellectual property risk management solutions, has announced a partnership with Chaperon, LLC, of Louisville, Colo., to offer its customers Chaperon's secure, active escrow solution and its secure intellectual property (IP) inspecting station. This strategic partnership provides InnovaSafe clients with the opportunity to set up secure, central IP escrow repositories that can be updated in real time. Chaperon’s inspecting station technology then allows third parties to browse, view, and inspect source code IP, while making it virtually impossible to copy or pirate.

InnovaSafe’s IP-Ensure solutions, powered by Chaperon’s patent-pending technology, gives owners/licensors and developers/licensees the opportunity to interact in real time with IP without having to move it. The IP-Ensure escrow is active and up-to-date and eliminates the need to wait for shipment of code via couriers or lengthy downloads from FTP sites. The IP-Ensure inspecting station solution then allows for multiple authorized parties to inspect the protected code simultaneously from multiple geographic locations -- eliminating the cost of travel or expensive network connections.

“The addition of these solutions further demonstrates that InnovaSafe is a dedicated world leader in the intellectual property risk management industry,” said John Stulman, President and CEO of InnovaSafe. “InnovaSafe is always looking for new forward-thinking solutions to offer its clients. So, we’re very excited and enthusiastic about these new solutions because they are a natural fit with what InnovaSafe does and they address our clients’ demands for innovative methods of IP management. Chaperon’s exceptional and cutting edge technology, coupled with InnovaSafe’s sophisticated escrow and IP risk management solutions, provides our clients worldwide with a fresh and unique way to administer their vital intellectual property assets.”

The IP-Ensure escrow solution provides built-in version control features and detailed content and activity reports to show an accurate picture of escrowed contents. Source code is fully protected during shipment and transport. The IP-Ensure inspecting station solution then allows expert teams to interact and inspect the source code without being able to copy or compromise it. Code inspectors can navigate and search the files of the escrowed code using powerful, yet easy-to-use graphical user interfaces, eliminating need for dedicated, expensive network connections.

“These new solutions will address an emerging market requirement that allows InnovaSafe clients to safely maintain and administer their IP,” commented Ashif Dhanani, CEO and President of Chaperon, LLC. “InnovaSafe customers will have the control to set the parameters for the level of access to their proprietary information by their internal staff, third party contractors or clients. And the IP-Ensure solutions will allow InnovaSafe customers to comply with their contractual obligations under certain license requirements in a simple and cost effective manner.”

About Chaperon, LLC
Chaperon, LLC, www.Chaperon-Secure.net, offers a unique portfolio of technology solutions that protect and manage source code Intellectual Property (IP) at every stage of the software development life cycle (SDLC) – no matter where it travels or who is working on it. Source code IP is protected from creation and transport to storage and retrieval whether it remains in-house, is outsourced, or sent offshore. Chaperon’s patent-pending technologies enable any business to safeguard the information that is vital to its survival and competitive viability while lowering security costs, enjoying the benefits of a flexible workforce, and taking advantage of worldwide labor pools without the risks.

About InnovaSafe, Inc.
InnovaSafe, Inc., www.InnovaSafe.com, is a worldwide leader in intellectual property risk management solutions, including escrow, software and hardware verification, and carrier grade remote co-location disaster recovery. As a self-sufficient, independent, and neutral third party, InnovaSafe provides professional solutions to companies around the globe, helping their clients and their clients’ customers protect investments in proprietary business-critical software applications and infrastructure intellectual property, such as source code, data, drawings, and business process information. InnovaSafe, Inc., headquartered in Valencia, California, provides discreet, smart, cost-effective, forward-thinking IP risk management solutions on a global basis.

John J. Stulman, JD
28502 Constellation Road
Valencia, California 91355 USA
Phone: 1-661-310-1810 Ext. 4-788
Fax: 1-661-295-5515
eMail: info@innovasafe.com
URL: www.innovasafe.com

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