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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.
First
German Escrow is located
in Erkelenz, Germany.
Founded by experienced international account manager Norbert
Ritz,
who worked for a leading Escrow Agent in Europe. The manager
has
more than twelve years of experience in this global software & technology escrow
market.
Norbert Ritz did the contract management for many escrow
agreements with many key players of industry, banks,
insurance, telecommunication and car companies (see references).
Cooperation with wellknown and reputated national and
international law firms as well as worldwide cooperation with other wellknown Escrow
Agents is given.
The office in Erkelenz, close to Rhine-area
around Düsseldorf and Cologne, is offering its service
to German and European companies as well as to Global
Players.
FGE
is acting as a neutral institution and trustee for
software vendors and large IT end user accounts in the
area of source code depositing and verification to save
investments into high value software and to make sure
that the continuity of mission critical software
processes in large companies can be granted
any time.
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