| Guard-IT
Acquires Fidex Americas Corporation Escrow
Accounts & 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.
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1999-2012 Guard-IT Corp. All rights reserved.
Page updated 01.02.2012.
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