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

FlexNet Manager Suite for Enterprise is recognized for software license optimization capabilities

Schaumburg, IL - May 11, 2012 - Flexera Software, the leading provider of Application Usage Management solutions for application producers and enterprises, announced today that its market-leading software 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 software 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.

# # #


FlexNet Manager Suite for Enterprises includes the following compenents:


Follow Flexera…

About Flexera

Flexera is reimagining the way software is bought, sold, managed and secured. We view the software industry as a supply chain, and make the business of buying and selling software and technology asset data more profitable, secure, and effective. Our Monetization and Security solutions help software sellers transform their business models, grow recurring revenues and minimize open source risk. Our Vulnerability and Software Asset Management (SAM) solutions strip waste and unpredictability out of procuring software, helping companies buy only the software and cloud services they need, manage what they have, and reduce compliance and security risk. The Flexera  RightScale multicloud management and cloud cost optimization solutions enable enterprises to drive top-line revenue while optimizing cloud usage to reduce risk and costs. Powering these solutions and the entire software supply chain, Flexera has built the world’s largest and most comprehensive repository of market intelligence on technology assets. In business for 30+ years, our 1300+ employees are passionate about helping our 80,000+ customers generate millions in ROI every year. Visit us at www.flexera.com.

For more information, contact:

Clement | Peterson Public Relations

*All third-party trademarks are the property of their respective owners.