State and Local Governments can protect their critical Information Systems while helping to address budget reductions.

Effective Government requires the use of advanced Information Systems to support the delivery of services to the Public. Even excluding the threat of terrorism, over 45% of the U.S. software companies that were operating in 1999 no longer exist. Software Escrow provides for government continuity by protecting key information systems."

BELLEVUE, NE (PRWEB) May 6, 2003 --- Trexcel Corporation introduces its new TA/G Software Escrow Service which provides a high quality, low cost Technology Assurance solution for State and Local Governments. Trexcel provides Technology Assurance Services, including Software Escrow to protect State and Local Governments information systems, assuring public trust and government continuity.

State and Local Governments Information Systems are only as safe as all of their providers:

"Today's government delivers services directly to the public using information systems often developed by commercial software development firms. These critical information systems typically have life-cycles that span many years." said Trexcel CEO, Michael R. Newcomb. The attrition rate associated with software vendors is high enough to require that these critical software assets be protected under the governments risk management plan. Our new TA/G Software Escrow solution provides State and Local Governments with a new tool that will improve the level of protection for these critical information systems at one of the lowest price-points in the industry."

Reducing the Cost of Technology Assurance - Software Escrow Services:

Software Escrow protects the Government, the Public and the Software Developer by storing the source programming code created by the Software Developer in a secure 'deposit with Trexcel Corporation. In the event that the Software Developer enters bankruptcy or is liquidated, the source programming 'deposit held by Trexcel is released to the Government, permitting the continued support and enhancement of the related government information systems.    The typical cost of Software Escrow services is over $1500.00 per software product, each year. Trexcels TA/G service offers these same services and more, to State and Local Governments at a special rate of $350.00 per software product, per year. Trexcel is able to offer our State and Local Government clients with these industry-leading prices due to our continuing investments in Technology Assurance facilities and process automation. In addition to the best Software Escrow pricing in the industry, Trexcel offers a number of additional money saving and risk reducing features and benefits that are outlined on our website.

Trexcel Corporation provides a risk-free, out-of-the-box" Technology Assurance solution that can be easily implemented, managed and maintained by Government IT and Purchasing organizations.

About Trexcel Corporation

Trexcel Corporation is an independent Technology Assurance company whose clients range from the world's largest companies to young start-ups, with clients located in North America, Europe and Asia. Trexcel serves clients in a number of industries, including the Public Sector, Biotechnology, Energy, Food, Financial Services, Healthcare, Manufacturing, Telecommunications, Transportation and the Software Development industries. TA/G is our commitment to ensure that our Government clients have the right level of protection and the right Technology Assurance and Software Escrow options, today and tomorrow. For more information, please visit us at http://www.Trexcel.com or contact Michael R. Newcomb at mrnewcomb@trexcel.com.