Flexera Software Wins CODiE Award for Best Asset Management Solution -- 3rd CODiE Award for Company

SCHAUMBURG, IL--(Marketwire - May 11, 2012) - Flexera Software, the leading provider of Application Usage Management solutions for application producers and enterprises, announced today that its market-leading enterprise license optimization solution, FlexNet Manager Suite for Enterprises, won the Software & Information Industry Association (SIIA) CODiE Award for best asset management solution. This is the third CODiE award win for Flexera Software.

SIIA, the principal trade association for the software and digital content industries, announced 28 CODiE Award winners in different categories on May 10 at a ceremony in San Francisco. A CODiE Award win is an especially prestigious honor, as each award winner was first reviewed by a field of software industry executives, whose evaluations determined 119 finalists. SIIA members then reviewed these finalists and voted to select 28 CODiE Award winners in different categories, including FlexNet Manager Suite for Enterprise's win as the best asset management solution.

FlexNet Manager Suite for Enterprises has emerged as the leading solution allowing large, global enterprises as well as midsize organizations to move up the maturity model, going beyond software asset management (SAM) to achieve continual enterprise license optimization. The solution automates entitlement based license management and reconciles software purchase order and contract information with actual application installation and usage data, to reduce license, maintenance and audit costs while maintaining license compliance. As a result, enterprises gain unprecedented control of their software estate, driving as much as 5-30% savings in annual software spend.

"Enterprises that want to reduce software spend and unbudgeted software audit risk exposure understand that they must go beyond simply counting the software they've installed and take full advantage of the license entitlements afforded to them in their software license agreements," said Randy Littleson, Senior Vice President of Marketing and Product Management at Flexera Software. "FlexNet Manager Suite for Enterprises goes beyond software asset management to deliver this level of optimization. We're delighted that the SIIA judges and members recognize the tremendous value we deliver and are honored to receive the CODiE award for best asset management solution."

"This year's winners reflect excellence and vision," noted SIIA Vice President for the Software Division, Rhianna Collier. "I'm proud to congratulate them on the success of their applications, platforms, and products."

In both 2006 and 2007 Flexera Software's FlexNet Publisher won the CODiE award for best digital rights management solution. FlexNet Publisher enables software vendors and intelligent device manufacturers to monetize, manage, secure, enhance, and grow market share through flexible software licensing, pricing, packaging, and intellectual property protection. In 2008 AdminStudio was selected as a CODiE Award finalist for best business productivity solution. AdminStudio powers enterprises' Application Readiness processes for migrations to Windows 7 & 8, application and desktop virtualization, cloud computing and day-to-day application packaging operations.

Resources:

FlexNet Manager Suite for Enterprises includes the following components:

• FlexNet Manager Platform
• FlexNet Manager for Microsoft
• FlexNet Manager for Adobe
• FlexNet Manager for IBM
• FlexNet Manager for Symantec
• FlexNet Manager for SAP Business Suite
• FlexNet Manager for Engineering Applications
• Workflow Manager

• Learn more about App Portal
• Read our Blog on Enterprise License Optimization
• FlexNet Manager Suite Success Stories
• Related Flexera Software Webinars
• Enterprise License Optimization White Papers

Learn more about FlexNet Publisher
Learn more about AdminStudio
For more information about the CODiE Awards, visit http://www.siia.net/codies/2012.

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About Flexera Software

Flexera Software is the leading provider of strategic solutions for Application Usage Management; solutions delivering continuous compliance, optimized usage and maximized value to application producers and their customers. Flexera Software is trusted by more than 80,000 customers that depend on our comprehensive solutions -- from installation and licensing, entitlement and compliance management to application readiness and enterprise license optimization -- to strategically manage application usage and achieve breakthrough results realized only through the systems-level approach we provide. For more information, please go to: www.flexerasoftware.com.

About SIIA
The Software & Information Industry Association (SIIA) is the principal trade association for the software and digital content industry. SIIA provides global services in government relations, business development, corporate education, and intellectual property protection to more than 500 leading software and information companies. The SIIA Software Division provides a forum for companies developing the applications, services, infrastructure and tools that are driving the software and services industry forward. For further information, visit www.siia.net/software

About the SIIA CODiE™ Awards
The SIIA CODiE™ Awards, originally called the Excellence in Software Awards, were established in 1986 by the Software Publishers Association (SPA), now the Software & Information Industry Association (SIIA), so that pioneers of the then-nascent software industry could evaluate and honor each other's work. Since then, the CODiE Awards program has carried out the same purpose -- to showcase the software and information industry's finest products and services and to honor excellence in corporate achievement.

Copyright © 2012 Flexera Software LLC. All other brand and product names mentioned herein may be the trademarks and registered trademarks of their respective owners.