SafeNet Teams with Open Channel Solutions
January 30 2007 - 7:30AM
Business Wire
SafeNet, Inc. (NASDAQ:SFNT), setting the standard for information
security, and Open Channel Solutions (OCS), a leading provider of
software entitlement and eBusiness management solutions, today
announced their partnership to offer a comprehensive licensing and
entitlement management solution to enterprise software vendors. The
SafeNet and OCS partnership delivers a solution that streamlines
the process of selling, delivering and managing software licenses.
SafeNet�s Sentinel RMS embeds licensing functionality into vendor�s
software, enabling them to sell their products in a variety of
different ways according to their market needs. Poetic, from OCS,
provides software vendors a complete system for distribution,
tracking and management of these licenses through the channel and
across the vendor�s entire customer base. The seamless integration
of these technologies allows software vendors to combine these
processes into a single, highly efficient business process that
increases revenues and reduces costs. "The�integrated solution
offered by�OCS and SafeNet�will greatly benefit software vendors in
managing licensing and entitlements. With an increased�focus on the
small to mid-size business market and the use of innovative
software licensing models - such as subscriptions,
Software-as-a-Service (SaaS) and other time bound entitlements -
vendors require licensing technology�and systems that will enable
them to quickly adapt and effectively manage�critical customer
data,� said Laurie Wurster, Research Director, Gartner. By
combining embedded licensing technology and an entitlement
management system, software publishers can now use OCS Poetic to
generate licenses to activate software protected with SafeNet�s
Sentinel RMS. The integrated solution will also allow users to
easily generate a wide range of additional license models and
effectively administer licensing programs. �OCS is committed to
providing the most comprehensive entitlement management and
eBusiness solutions,� said Ed Rose, president and CEO, OCS. �With
this partnership, we�re extending the value we provide by making
SafeNet�s proven licensing technology available to our clients
right out of the box.� About Sentinel RMS Sentinel� RMS is a
comprehensive system that dramatically reduces or eliminates many
of the costs normally associated with software license management.
The modular design of Sentinel RMS allows it to quickly join up to
back-office systems, automating most fulfillment and management
operations. The secure, role-based system allows every department
the access they require to effectively manage your customer�s
needs. About OCS Poetic OCS Poetic enables software vendors to
optimize their licensing and entitlement management and delivery
requirements, whether they are selling to end customers, or channel
partners. Poetic entitlement management ensures exact access
control to all software, licenses, and content to all customers,
whether they are direct and indirect, in an easy to use, web
enabled application. About SafeNet, Inc. SafeNet is a global leader
in information security. Founded more than 20 years ago, the
company provides complete security utilizing its encryption
technologies to protect communications, intellectual property and
digital identities, and offers a full spectrum of products
including hardware, software, and chips. UBS, Nokia, Fujitsu,
Hitachi, ARM, Bank of America, NetGear, the Departments of Defense
and Homeland Security, Adobe, Samsung, Texas Instruments, the U.S.
Internal Revenue Service and scores of other customers entrust
their security needs to SafeNet. For more information, visit
www.safenet-inc.com About Open Channel Solutions Open Channel
Solutions (OCS) is a leading global provider of software
subscription and e-business management solutions that enable
software-as-a-service. The company�s self-service offerings help
organizations increase software renewal revenues, extend their
reach and manage sales in the growing SMB market through
multi-tiered channels, effectively distribute electronic software
and content, and eliminate costly, inefficient e-business IT
processes. OCS is headquartered in Norwood, MA; the company also
has offices in Utah, the Netherlands, Japan and Australia. For more
information, visit www.ocs.com. "Safe Harbor" Statement under the
Private Securities Litigation Reform Act of 1995 The statements
contained in this release, which are not historical facts, are
forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933 and Section 21E of the Securities Exchange
Act of 1934. These statements are subject to uncertainties that
could cause actual results to differ materially from those set
forth in or implied by forward-looking statements. Important
factors that could cause actual results to differ materially are
included but are not limited to those listed in SafeNet's periodic
reports and registration statements filed with the Securities and
Exchange Commission. The Company assumes no obligation to update
information concerning its expectations.
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