Autodesk Licenses Worldwide Rights to GLOBEtrotter's Electronic Licensing Technology; Software Industry Continues Rapid Consolidation on FLEXlm.Business Editors/High-Tech Writers SUNNYVALE, Calif.--(BUSINESS WIRE)--Jan. 9, 2001 Macrovision Corporation (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :MVSN MVSN Milizia Volontaria per la Sicurezza Nazionale (Italy) ), a leading developer and supplier of electronic licensing, rights management, and copy protection technologies, announced today that Autodesk (NASDAQ:ADSK ADSK Autodesk, Inc. (NASDAQ stock symbol) ), one of the largest software companies in the world, signed a license agreement for the worldwide deployment of its GLOBEtrotter Software Division's flagship electronic licensing technology, FLEXlm. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. International Data Corp, over 50% of software revenue will be delivered using electronic licensing by 2003, and virtually all software revenues will be derived from electronic licensing by 2008. Software vendors have to date shipped over $40 billion worth of software using GLOBEtrotter's FLEXlm electronic licensing technology. "One of our challenges was to help customers find a quick, efficient method of acquiring and licensing our products," said Greg Suppes, Software Development Manager for License Technology Development at Autodesk. "After an extensive evaluation of the available software licensing technologies, the FLEXlm product from GLOBEtrotter proved to be the best solution to meet these challenges on a worldwide scale," Suppes concluded. "We're pleased to have Autodesk on board with FLEXlm," commented Mark Belinsky, Senior Vice President and General Manager of GLOBEtrotter. "Autodesk's worldwide licensing of FLEXlm is yet another example of how software vendors are adopting electronic licensing as a key strategy -- and how the industry has chosen FLEXlm as its de facto standard Hardware or software that is widely used, but not endorsed by a standards organization. Contrast with de jure standard. de facto standard - A widespread consensus on a particular product or protocol which has not been ratified by any official standards body, such as ISO, ." "FLEXlm enables companies like Autodesk to offer flexible license terms, and makes licensing of software and software updates easy. FLEXlm offers a large variety of options for licensing practices, such as Internet distribution of software and updates, while ensuring that vendors are fairly compensated in the process," said Richard Mirabella, GLOBEtrotter's Vice President of Marketing. About Autodesk Autodesk is the world's leading design and digital content creation The development of newsworthy, educational and entertainment material for distribution over the Internet or other electronic media. See DAMS. resource, providing software and Internet portal services to help customers drive business through the power of design. One of the largest software companies in the world, Autodesk has more than 4 million customers in over 150 countries. For more information, visit www.autodesk.com. About Macrovision Macrovision develops and markets electronic license management, rights management and copy protection technologies for the enterprise software, consumer interactive software and home video markets. The GLOBEtrotter Software division provides ELM (electronic license management) solutions to independent software vendors (ISVs), and software asset management tools for business applications. These products, led by FLEXlm(R), are in use by over 2,000 ISV (Independent Software Vendor) A person or company that develops software. It implies an organization that specializes in software only and is not part of a computer systems or hardware manufacturer. customers throughout the world. Macrovision's other software products include SafeDisc(R) CD-ROM CD-ROM: see compact disc. CD-ROM in full compact disc read-only memory Type of computer storage medium that is read optically (e.g., by a laser). copy protection and SafeCast(TM) rights management products. SafeDisc has been licensed to over 100 mastering and replication facilities worldwide and is used by many major interactive software publishers. SafeCast includes a wide range of tools that helps publishers encourage trials and generate incremental Additional or increased growth, bulk, quantity, number, or value; enlarged. Incremental cost is additional or increased cost of an item or service apart from its actual cost. sales using electronic software distribution (ESD (1) (Electronic Software Distribution) Distributing new software and upgrades via the network rather than individual installations on each machine. See ESL. ) technology. Macrovision has its corporate headquarters in Sunnyvale, Calif., with European headquarters in London and Asia-Pacific headquarters in Tokyo. GLOBEtrotter, FLEXlm, SafeDisc and SafeCast are registered trademarks or trademarks of GLOBEtrotter Software, Inc. and Macrovision Corporation. All other names mentioned are trademarks, registered trademarks, or service marks of their respective companies or organizations. Note to Editors: Additional background information on GLOBEtrotter and its products can be obtained from our Web Site at www.globetrotter.com. For more information on Macrovision Corporation and its other products, see www.macrovision.com. All statements contained herein, as well as oral statements that may be made by the Company or by officers, directors or employees of the Company acting on the Company's behalf, that are not statements of historical fact, constitute "forward-looking statements" and are made pursuant to the Safe-Harbor provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause the actual results of the Company to be materially different from the historical results or from any future results expressed or implied by such forward-looking statements. Such risks and uncertainties are outlined in the Company's Annual Report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for 1999, its Quarterly Reports on Form-10Q, and such other documents as are filed with the Securities and Exchange Commission from time to time. The Company is not obligated ob·li·gate tr.v. ob·li·gat·ed, ob·li·gat·ing, ob·li·gates 1. To bind, compel, or constrain by a social, legal, or moral tie. See Synonyms at force. 2. To cause to be grateful or indebted; oblige. to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release. |
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