[December 11, 2014]

V.i. Labs Announces Creation of Advisory Board

The leading software intelligence solutions provider, V.i. Laboratories, Inc. ("V.i. Labs"), today announced the formation of an Advisory Board composed of professionals with deep expertise in software licensing, asset management, license compliance and software piracy. Board members will assist the management team with assessing new market and product development opportunities.

"Our customers' success in generating upwards of ten percent additional license revenue using V.i. Labs' CodeArmor solutions has established software intelligence and usage analytics as a proven license compliance strategy," said Joseph Noonan, President and CEO of V.i. Labs. "Our advisory board is comprised of innovators in their respective areas of expertise. Each member will be instrumental in guiding our efforts to expand our products and services as well as exploring alternative applications for software usage analytics."

The Advisory Board members are:

• Matt Christiano, CEO, Reprise Software, Inc. Matt also founded Globetrotter Software in 1982 where he created FLEXlm, the most widely-deployed license manager, and served as the company's CEO until its sale to Macrovision in 2000. Matt holds two U.S. patents in the field of license management, and serves on the board of directors of the Bridge Investment Group and Muse Research and Development.
• Abhi Joshi, Managing Director and US Leader fo Software Asset Management (SAM), PricewaterhouseCoopers (News - Alert). Over the last decade, Abhi has helped software companies build and operate license compliance programs focused on end-user customers and channel partners and has helped companies recover millions of dollars of revenue and curb revenue leakage through product innovations and contract modifications.
• Alex Kochis, Founder, FiveBy Solutions and former Anti-Piracy Director, Windows at Microsoft (News - Alert). Alex was responsible for developing Microsoft's continuing strategy for combating piracy and unlicensed use of its products, and managing one of the largest antipiracy programs that has been launched in the software and technology industry to date.
• Conroy Shum, Senior Director, Worldwide License Compliance Program, Legal IP Protection Division, Dolby Laboratories (News - Alert). Conroy brings more than 14 years of IP licensing compliance experience, recovering more than $1 billion in compliance revenue during his career. As Sr. Director, WW License Compliance at Dolby Laboratories, Conroy is responsible for leading its royalty compliance efforts throughout the world, with a significant focus in Greater China.

About V.i. Laboratories (V.i. Labs)

V.i. Labs offers software providers solutions to identify, track, and create actionable intelligence on the use and misuse of their software to increase revenue. Its CodeArmor® platform is used by leading software providers to recover revenue lost to unlicensed software use, gain compliant customers and globally reduce the pirated use of their software applications. V.i. Labs data generated more than $300 million in new license revenue for customers in 2013 alone, adding an average of 10 to 25 percent additional revenue to their top lines. V.i. Labs is privately held and headquartered in Waltham, Mass. For more information, please visit www.vilabs.com, follow us on Twitter (News - Alert) (@vilabs), or read our blog, Code Confidential.

V.i. Labs also sponsors the Software Piracy Initiatives Forum on LinkedIn. The forum was created to give software vendors a venue for discussing these issues and to share their license compliance experiences to minimize the impact of software misuse.

©2014 V.i. Laboratories, Inc. All rights reserved. V.i. Labs, the V.i. Labs logo, and CodeArmor are trademarks or registered trademarks of V.i. Laboratories, Inc. All other product and brand names herein are trademarks or registered trademarks of their respective owners.

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