BITSource to Electronically Distribute Micrografx Software Products for E-commerce Solutions.SUNNYVALE, Calif.--(BUSINESS WIRE)--July 6, 1999-- BITSource, Inc., a leader in electronic software licensing, delivery and management, and Micrografx, Inc. (Nasdaq:MGXI), a leader in the development of enterprise graphics software, announced today that licenses for the complete line of Micrografx software will be available to resellers for their corporate customers, using SmartLicense(SM) electronic licensing technology from BITSource. This includes the recently announced iGrafx System(R), a one-of-a-kind, easy-to-use, highly scaleable enterprise graphics platform to address the needs of users at every level. SmartLicense allows customers through their reseller An organization that sells hardware and software to the general public. Resellers purchase products from software publishers and hardware manufacturers. partners to receive volume software licenses In computing, software that is copyrighted and licensed under a software license is done under a variety of licensing schemes. For end-users there are proprietary licenses and there are free software licenses, and there are proprietary Within these schemes are further classifications. in the form of small, digitally-signed text files. These can then be delivered within seconds via e-mail, eliminating the multiple-day wait typically needed to create and deliver traditional paper-based volume licenses. Customers, resellers and publishers can verify (1) To prove the correctness of data. (2) In data entry operations, to compare the keystrokes of a second operator with the data entered by the first operator to ensure that the data were typed in accurately. See validate. the authenticity The correct attribution of origin such as the authorship of an e-mail message or the correct description of information such as a data field that is properly named. Authenticity is one of the six fundamental components of information security (see Parkerian Hexad). of a SmartLicense online at any time using BITSource's patent-pending SmartLicense authenticator The device in an authentication system that physically allows or blocks access to the network. It is typically an access point in a wireless system or a network access server (NAS) in a dial-up system. See 802.1X and authentication. . After a license is purchased, customers can also receive software electronically via the Internet using BITSource's Electronic Software Delivery (ESD (1) (Electronic Software Distribution) Distributing new software and upgrades via the network rather than individual installations on each machine. See ESL. ), or via the enterprise's intranet using a local software server. Because software delivered electronically is tax exempt in 17 states, resellers using BITSource's SmartLicense and ESD technology can also offer customers a price advantage over other resellers. International Data Corp. projects that the market for electronic license distribution will nearly double from $50 billion in 1999 to $90 billion in 2001. 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. Douglas M. Richard, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Micrografx, "Electronic Licensing represents the fastest and most efficient way possible for customers to secure licenses to our graphics products. It also represents a tremendous cost savings to us and our channel partners. We're especially happy to be working with BITSource, whose SmartLicense is the best system on the market for allowing VARs to deliver volume licenses electronically over the Internet to their corporate customers." "We're delighted to add Micrografx as a key top-tier publisher," said David Rubin David C. Rubin is Professor of Psychology at Duke University. He is known for his work on the reminiscence bump as well as other topics related to autobiographical memory. David Joshua Rubin University of Michigan Beachwood,Ohio. , president of BITSource, "Their established leadership in enterprise graphics, coupled with BITSource's electronic licensing and software delivery capabilities, create a powerful synergy The enhanced result of two or more people, groups or organizations working together. In other words, one and one equals three! It comes from the Greek "synergia," which means joint work and cooperative action. enabling us to provide the best solution possible to our resellers and their enterprise customers." About BITSource, Inc: BITSource, Inc., specializes in business-to-business electronic commerce, and is a leading provider of Internet-based systems enabling customers to streamline the licensing, procurement The fancy word for "purchasing." The procurement department within an organization manages all the major purchases. and management of software. For more information about the company, visit www.bitsource.com, or call 1-888-456-BITS. About Micrografx, Inc.: Micrografx, Inc., (Nasdaq:MGXI) a recognized global software solutions provider, is a front-runner in the development of enterprise graphics software. The company provides corporations with intelligent graphic solutions that help people visually communicate and analyze key corporate information, processes and ideas to solve real-world business problems. Micrografx is specifically focused on providing complete solutions that permit companies to manage their businesses by managing their processes. In 1999, Micrografx delivered the iGrafx System(R), a one-of-a-kind, easy-to-use, highly scaleable enterprise graphics platform to address the needs of users at every level. Visit www.micrografx.com for more information or contact 1-888-744-1210. BITSource, SmartShelf and SmartLicense are trademarks and registered trademarks of BITSource, Inc. Micrografx and iGrafx System are trademarks and registered trademarks of Micrografx, Inc. All other trademarks and service marks are properties of their respective owners. |
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