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Protecode has released its annual corporate update for 2014. A record level of growth is being driven by an increase in proactive adoption strategies of open source software. the 6th of november, 2014, in the city of Ottawa, Canada Today, protecode, a creative supplier of open source vulnerability management solutions, revealed that it has completed its 300th installation anywhere in the globe since it first started offering solutions for open source software adoption in 2010. The number of new installations of protecode has been consistently increasing, reaching 90 in only the first half of 2014. deutsche post, germany airbus defense and space, indra, otto group, schneider electric, and tata consultant services are just few of the major companies that make up its varied and worldwide customer base. The licensing, security, encryption, and quality problems that are linked with the usage of open source and third party code are identified and reported on by the solutions provided by protecode. Protecode has witnessed a surge in the number of firms interested in establishing an end-to-end open source adoption pipeline. This is in addition to the one-time audits that are often carried out before a software transaction, such as a merger and acquisition. Customers cite speed, accuracy, and ease of use as deciding factors when choosing to implement protecode solutions, as minimal platform and infrastructure requirements reduce total cost of ownership and eliminate the need for additional hardware investment. Protecode solutions are built on a cloud-based architecture that requires no additional investment in hardware. The solutions provided by protecode are readily scalable, which allows them to satisfy the requirements of a wide range of businesses, from tiny startups to huge scattered multinational corporations. More than 2.4 million open source packages, more than 120 billion lines of code, and more than a terabyte of binary files are all included in the global ip signatures (gips) database that is maintained and constantly updated by protecode. “as the use of open source software becomes more widespread, businesses are becoming more aware of the advantages and difficulties that come with incorporating open source code into their offerings.” According to Mahshad Koohgoli, Chief Executive Officer of Protecode, “the one-of-a-kind solutions provided by Protecode allow our customers to proactively manage third party components and make open source management part of their current development processes.” The Protecode Developer Assistant is the only real-time open source management tool available on the market today, and Protecode offers a comprehensive suite of solutions for the adoption of open source software. Recent product additions include updated information on security vulnerabilities as well as improvements to workflow capabilities. Encryption material has also been enhanced. Please go to www.protecode.com for more information. about the protecode protecode is a company that offers solutions and services for mitigating the vulnerabilities of open source software. The solutions provided by protecode make it possible to do accurate and rapid code scanning in both real time and on demand. These scans give policy-based assessments on the obligations and security vulnerabilities present in code portfolios. Protecode products have been implemented in hundreds of organizations all over the world. These organizations range in size from just a few developers to multinational corporations with more than 100,000 employees. Protecode products are designed to be simple to use, integrated into existing development processes, and to have a minimal impact on those processes. The headquarters of protecode are located in Ottawa, Canada, and the company has reseller partners all around the globe. Angela Tuzzo may be reached at 732-758-1100 extension 108 or atuzzo@mrb-pr.com if you have any questions about public relations.

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