Software Escrow means deposit of the source code of mission critical software into an account held by a third party, an escrow agent.
FGE protects your intellectual property, mission critical material, source codes, high technologies and licensed software applications with validated deposits.
First German Escrow (FGE) is a worldwide and independent working Intellectual Property Escrow Agent since 23 years.
FGE is acting as a neutral institution and trustee for software develepors and large IT end users in depositing and verifying source code
The relationsship between the licensor and licensee strengthens
when an escrow agreement is signed.
An Escrow Contract symbolizes the licensor`s commitment to the licensee`s need for uninterrupted support. This gives everybody a considerable peace of mind.
FGE becomes activ, if deposits or updates are missing or if parameters have changed and the fruit of the deposit is in danger.
Investor Escrow is used where a financial investor ( person, bank or venture capitalist) of software development is in need of security.
When both the investor and licensor have agreed on the escrow contract, they both sign and send it to FGE for signature. The licensor makes its deposits on a regular basis during product development and couriers it to FGE.
Many business processes are depending on embedded software, software integrated technologies, on electronical developments, industrial formulas, telematik, control units, black-boxes, state-of-the-art tools or other vital know-how, which are not in the hands of the customer or licencee, but in the secret hands of the electronic supplier or licensor. FGE offers Industrial Escrow.
First German Escrow was founded by long experienced international Account Manager Norbert Ritz, who worked for a leading escrow agent in Europe, Escrow Europe. He was the "first" software escrow agent in Germany, starting in March 2000 in Duesseldorf. You should choose FGE in "first" instance when source code escrow is needed. You can be honestly certain.
"If critical business processes are at issue, you cannot afford to be fully dependent
on your software supplier. Our logistic solution is essential for our business and that is why
we insisted on having that software escrowed"
Knowledge is a software developer`s most important asset.
By safeguarding that knowledge we are actually safeguarding our whole company.
First German Escrow not only makes sure that our
material is preserved intact and deposited safely
but keeps it up to date as well