Guard-IT
Corporation Secures Two of
Austin's 'Top 50' Technology
Companies
AUSTIN, TEXAS (October 10, 2000)
– Guard-IT Corporation, the
Austin-based leader in
third-party escrow services for
source code and intellectual
property, has added two prominent
Austin technology companies to
its local clientele.
InfoGlide Corporation (www.infoglide.com)
and QuickArrow Inc. (www.quickarrow.com),
both on LocalBusiness.com’s
current “Top 50 To
Watch” list (Austin), are
the newest additions to
Guard-IT’s growing list of
escrow clients.
Guard-IT founder and CEO Jim Ford
said that while most of the
company’s clients are
located across the country, the
local client base is expanding
with the increasing need for
Guard-IT’s escrow services.
"The energy and activity in
Austin, and our region in
general, helps create a great
hometown market for our
services," Ford said.
"Escrow is of particular
value to emerging technology
companies, many of which reside
in Austin."
Escrow acts like title insurance
for a software or technology
license agreement, securing the
developer’s source code and
intellectual property while also
protecting the licensee’s
investment in the technology.
Founded in 1999, Guard-IT
Corporation protects the
intellectual assets of small
developers and Fortune 500
powerhouses from coast to coast.
Recently, Guard-IT was named as a
seat holder in Pricewaterhouse-
Coopers’ Intellectual
Property Exchange, expanding its
reach and services worldwide.
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