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OTTAWA, CANADA – September 10, 2013 – Protecode, a leading provider of open source software license management solutions, today launched its newest solution offering, Protecode Compact, a stand-alone, single-seat management solution for managing open source licenses and other code attributes.

Protecode Compact combines all of the innovative features of Protecode’s flagship solution, Protecode System 4TM, in a small, simple to download, one-click installation on Windows platforms.

With Protecode Compact, small organizations or departments within larger organizations can scan their code and generate a software bill of materials that lists all open source and other third party software in their portfolio. Protecode Compact reports on security vulnerabilities, encryption content, license compatibilities and license obligations.

-Open source software allows our team to deliver feature-rich quality solutions quickly, but we need to ensure that we use third party software responsibly and manage its obligations. Protecode Compact, with its deep-scanning capability and unlimited-analysis commercial model, allows us to make code attributes management part of our product life cycle. We are very impressed with the existing capabilities and have fully integrated the use of Protecode Compact in our product release cycles,- said Paulo Marques, CTO, FeedZai, a software company specializing in real-time fraud detection.

-We are aware of the demand from small technology organizations that require the same accuracy, completeness and usability as larger enterprises, but do not need the multi-user, multi site scalability of multi-site corporations,- said Normand Glaude, COO, Protecode. -Protecode Compact ensures that small organizations or individual departments can gain access to state-of-the-art scanning and license management solutions within their software development and delivery process.-

Protecode compact is offered under an annual license with no restrictions on volume of software that is scanned. Protecode’s acclaimed -all-in- business model also applies to Protecode Compact. The license fee includes installation, setup, training, support and all updates/upgrades throughout the license period.

Protecode is hosting a live, online product demonstration of Protecode Compact on September 25th, 2013 at 9am EDT and 2pm EDT. Register here.

About Protecode Protecode provides products and services for managing open source software licenses. Protecode solutions enable accurate and fast code scanning in real-time and on-demand, delivering policy-based reports on obligations and security vulnerabilities in code portfolios. Built for ease-of-use, integration and minimal intrusion into existing development processes, Protecode products have been deployed in hundreds of organizations worldwide, from few developers to multinational organizations with more than 100,000 employees. Protecode is headquartered in Ottawa, Canada with partners worldwide. For more information, visit www.protecode.com.

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PR Contact: Angela Tuzzo MRB Public Relations 732-758-1100, ext. 108

A management buyout (MBO) is a form of acquisition where a company’s existing managers acquire a large part or all of the company.

Management buyouts are similar in all major legal aspects to any other acquisition of a company. The particular nature of the MBO lies in the position of the buyers as managers of the company, and the practical consequences that follow from that. In particular, the due diligence process is likely to be limited as the buyers already have full knowledge of the company available to them. The seller is also unlikely to give any but the most basic warranties to the management, on the basis that the management knows more about the company than the sellers do and therefore the sellers should not have to warrant the state of the company.

Management buy outs are usually brought about because an owner wishes to retire or because a parent company wants to sell a particular part of its business which it no longer sees as central to its future plans.

Selling to the existing managers is often considered a good way of securing the future of the operation and that of its staff because the existing management teams are a known quantity and the current owner trusts them to look after the business.
The existing management teams often have clear strategies of how to grow the company and to make significant personal wealth as part of the process.
The good news is that MBOs have a relatively high success rate as the management team is familiar with the business and can deal with any issues quickly.
Although simple in concept, there is a lot of value at stake in an MBO process, and all of the parties want to maximize their share of the value. Most of the other parties are experts at MBOs and will also employ their own advisers to look after their interests.
A successful management buy out (MBO) needs a combination of factors in place to ensure its success:

1. The team of managers needs to have a spread of skills and talents. It needs someone who understands the ins and outs of a balance sheet (a financial manager or qualified accountant). It needs someone with vision to see what the business could become, given time and investment.
2. The business must be viable. It does not necessarily have to be profitable but it does have to be capable of achieving profit. Often, MBOs take place because managers feel they could do a better job than the existing management.
3. The existing owner of the business must be willing to sell. If he or she won’t sell, there’s no way of taking it over unless the financial backers and shareholders in the business give their approval.
4. At the end of the whole process, an MBO has to achieve a realistic price for the business. If the existing owners are selling because they want to retire, they’ll hold out for the best possible price. So too will most owners except those who are desperate to get some cash in. But bankers and other financial supporters will not pay just any price the agreed valuation has to reflect the potential of the business.

This is where good time management skills come into practice. This is a skill that students need to learn. They must take the necessary approaches and apply these strategies in order to be effective and more productive. Having these skills gives students the ability to plan ahead and prioritize upcoming assignments and events. This is an important factor in keeping students organized and avoiding procrastination, which ultimately leads to academic success.

Time management can be very useful in a student’s hectic schedule. It ensures that students are well prepared, organized and focused to mange their daily lives and complete academic assignments on time. It can lead to improved success, however, this is a skill that students have to learn and practice. Students must change their habits in order to have good time management skills. This can only happen if students take the first steps in identifying their problems. Good time management skills stems from the issue of prioritizing one’s time effectively.

This can be done by setting new personal goals and striving to accomplish them with a new and improved attitude in mind. Another bad habit that students need to change is procrastination. Students should learn how to work smart by not working too hard and not retaining anything. Sometimes students need to study for a couple of hours and take a break to clear their minds. It is a good idea to take breaks when feelings of frustration come on. Too much information leads to an information overload that the brain can’t deal with at one time. If students are motivated and disciplined, their time management skills will improve with practice.