Protexis Inc.

Protexis Inc.

November 09, 2005 18:19 ET

Protexis Awarded Best Business Development Tool for 2005 by Software Business Industry Awards

VANCOUVER, British Columbia--(CCNMatthews - Nov 9, 2005) -

Protexis Inc., provider of hosted e-commerce and digital rights management (DRM) services for software publishers, today announced it was selected as a winner in Software Business Magazine's 2005 Software Business Industry Awards. Protexis was awarded the Best Business Development Tool designation for 2005 by the editors of Software Business magazine.

Protexis was selected for CNET Upload.com Merchant Services, a self-service trial product promotion and e-commerce solution powered by Protexis that allows software publishers to automate the process of marketing trial software, and dramatically enhance the efficiency of the software sales process by converting those trial users into paying customers.

In addition to core features including trial enablement, copy protection, and global e-commerce capabilities, the Web-based Merchant Services program offers a number of benefits designed to help software publishers grow their businesses, including:

-- Time-to-market: 15 minute file configuration using post-compile technology

-- Cost savings: Competitively priced fixed transaction fee of 8 to 12 percent, with no monthly minimum or hidden e-commerce costs

-- Scalability: Ability to use enabled .exe files and hosted payment pages anywhere online

-- Flexibility: More than 50 global payment types accepted, enabling publishers to enter new markets

-- Turn-key: Publishers centrally manage all trial promotion, sales volume, and revenue across the Web, giving small publishers instant access to global markets

"We're honored to be recognized as a leading provider of tools and services for software organizations by experts in the industry," said Karl Hirsch, president and chief executive officer of Protexis. "This award demonstrates that Protexis has filled a gap in the marketplace, allowing software publishers to easily set up trial, licensing and e-commerce services for their products, all in a matter of minutes."

Winners of the 2005 Software Business Industry Awards were recognized during an awards ceremony at Software Business 2005 on November 1, 2005, in Tampa, Florida. Nominations from more than 85 companies of all sizes and industries were submitted for consideration in nine categories, including Best Acquisition, Best Technology, Best Product Strategy and Industry Leadership Excellence.

About the 2005 Software Business Industry Awards

The 2005 Software Business Industry Awards recognize company excellence in key business areas. Awards this year will be presented to EMC, SolidWorks, Thor Technologies, RSA Security, SSA Global, Cornerstone OnDemand, Novell, Protexis, Sage Software and Brainshark. Software Business is a business and technology magazine serving the software industry. Software Business readers are executives, managers and decision makers of software companies.

About Protexis

Protexis develops, markets and sells the Protexis Publisher Services suite of revenue-enhancing services for software publishers. The suite includes Protexis E-commerce Services, Protexis Registration & Trialware Services, and Protexis Licensing Services. Protexis customers are leading software publishers including DivX Networks, Enterbrain Inc. and Sage Technologies, plus many others. Protexis enables the secure digital sale of millions of copies of software worldwide. Protexis is headquartered in Vancouver, British Columbia, with offices in Seattle, Washington. The company is privately-held, and its investors include CNET Networks, GrowthWorks Ltd. and Trudell Medical. For more information, please visit www.protexis.com.

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