Guard-IT
Acquires Fidex Americas
Corporation Assets
AUSTIN, TEXAS (October 1, 2002)
– Guard-IT Corporation, a
leading innovator in software and
intellectual property escrow
services, has acquired the escrow
accounts and business assets of
Sandpoint, ID-based Fidex
Americas Corporation. Financial
details were not disclosed.
Guard-IT assumed the
administration of all Fidex
Americas escrow accounts and its
website on September 25.
“We are excited about
extending our reach in the escrow
marketplace and we look forward
to working with these new
clients. In our capacity as an
independent agent and
administrator, we will be
honoring the existing escrow
agreements and rates to make the
transition as smooth as possible
for them,” said Guard-IT
founder and CEO Jim Ford.
Guard-IT has retained Fidex
Americas Corporation founder and
president Steven Olson for an
interim period to assist in the
transition.
"We at Fidex are proud of
our 10-year tradition of
friendly, professional service.
It is especially gratifying that
our successor, Guard-IT, is
equally committed to its
customers," Olson said.
Guard-IT Corporation secures
software source code, proprietary
data and intellectual property by
implementing and administering
third-party escrow agreements for
technology developers and their
licensees. Guard-IT also offers
paperless account administration
online and independent software
testing and verification services
for its escrow materials and
other technology products.
back
to news index |
Copyright
1999-2008 Guard-IT Corporation. All
rights reserved.
|
