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First German Escrow (FGE), a worldwide and
independent working Intellectual Property Escrow Agent protects
your intellectual property, mission critical material, source codes,
high technologies and licensed software applications with validated
deposits.
Software
Escrow means deposit of the source code of the software
into an account held by a third party escrow agent. Escrow is
typically requested by a party licensing software (the licensee),
to ensure maintenance of the software. The software source code is
released to the licensee if the licensor
files for bankruptcy or otherwise fails to maintain and update the
software as promised in the software license agreement.
The
relationsship between the licensor and licensee strengthens when an
escrow agreement is signed. It symbolizes the licensor`s
commitment to the licensee`s need for uninterrupted support.
First German Escrow provides
intellectual property protection for software developers (licensors)
and business continuity assurance for licensees by placing a verified
copy of source code into an escrow account. Under specific conditions
described in an escrow agreement the licensee is able to access the
source code, thus mantaining mission critical applications, without
harming the intellectual property rights of the licensor. This gives
everybody considerable peace of mind.
First German Escrow stands out from other escrow agents
because it does not only concentrate on active escrow, but as well
looks out for the needs of various licensors, who do
not and never wish to lay out their "top secrets" to a third
party. We offer the solution. There are three steps to create a
deposit with FGE:
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