WALTHAM, Mass — February 3, 2009 - V.i. Laboratories, Inc. (“V.i. Labs”), a leading provider of software protection and piracy business intelligence solutions, today announced a successful year of growth and expansion in 2008. V.i Labs’ CodeArmor® platform has achieved success by fulfilling a pressing need in the market for protecting ISVs’ applications from software piracy, tampering and code theft. V.i Labs’ highlights from 2008 include technology innovation, the addition of key personnel and strategic partnerships designed to aid customers in the fight to recover software revenues.
“As a result of the current financial crisis impacting business and global markets, we have experienced increased demand for our anti-piracy solutions as a revenue generation source for software vendors experiencing downward trends in their license revenue,” said Joseph Noonan, president and CEO of V.i. Labs. “Entering 2009, we now have a complete anti-piracy platform and our new CodeArmor Intelligence product is being adopted by some of the largest ISVs that recognize the new opportunity to acquire customers from unlicensed installs of their products.”
“Our ISV customers have validated that a piracy detection and lead generation approach provides a better means to justify their anti-piracy strategies and to go after the source of the piracy problem: the use of unlicensed software by businesses,” said Victor DeMarines, vice president of Products for V.i. Labs. “By adding Intelligence capabilities to the CodeArmor platform, we enable ISVs not only to quantify their specific piracy risk, but to target the actual users of pirated software to convert them into paying customers.”
Driven by the growing need for enterprises to protect their intellectual property, V.i. Labs received significant new customer orders demanding its technology and solutions within key markets, and now protects more than $1.5 billion in software assets. The Company garnered a number of new customers and gained additional momentum in these markets, including:
V.i. Labs also secured key alliances and partnerships to extend its solutions for preventing software piracy, code theft and software tampering:
V.i. Labs is the first company to offer software that combines piracy business intelligence, anti-tampering and reverse engineering technology to recover sales revenue, prevent the theft of software intellectual property and avert reputation damage. V.i. Labs’ patented CodeArmor® platform allows software vendors, embedded system providers, enterprise organizations and government agencies to harden their applications against theft, gain business intelligence into emerging markets, measure unlicensed use of their software, uncover new revenue streams and increase sales. V.i. Labs is privately held and is headquartered in Waltham, Mass. For more information please visit www.vilabs.com.
©2009 V.i. Laboratories, Inc. All rights reserved. V.i. Labs, the V.i. Labs logo, and CodeArmor are trademarks or registered trademarks of V.i. Laboratories, Inc. All other product and brand names herein are trademarks or registered trademarks of their respective owners.
Marketing Director at Revulytics
Michael is Marketing Director at Revulytics where he is responsible for corporate marketing, content, and social media. He has helped to educate the industry on the benefits of software usage analytics for compliance and product management through the company's blog and contributed articles in trade publications. Michael was previously a marketing programs manager at The MathWorks and principal at Goff Communications. Michael earned a J.D. from Boston University School of Law and a B.A. from Colgate University.
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