Black Duck Software Honored as 2011 SBANE Innovation Award Winner

Waltham Company Represents Best and Brightest in Open Source Software

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May 16, 2011, 09:30 ET

WALTHAM, Mass., May 16, 2011 /PRNewswire/ -- Black Duck Software, the leading global provider of strategy, products and services for automating the management, governance and secure use of open source software, is proud to announce it has been awarded the prestigious 2011 Innovation Award by the Smaller Business Association of New England (SBANE). Chosen from a field of 185 companies, Black Duck was one of just nine winners recognized by SBANE at the 25th annual New England Innovation Awards gala.

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Black Duck was honored for innovation that helps organizations find, use and effectively manage open source software (OSS). Found in everything from smartphones to automobiles, microwaves to GPS devices, and social media to enterprise software solutions, OSS is critical to innovation in all markets and geographies.

"The SBANE awards recognize companies that are innovative in their own right while also fueling growth and prosperity by providing ground-breaking solutions to challenging business problems," said Black Duck CEO and President Tim Yeaton. "We are pleased to be in the company of such admired organizations that have transformed innovative ideas into products and services which deliver proven value to customers and communities."

SBANE's annual awards recognize regional organizations that create innovative products and services to drive the New England economy. Past Innovation Award winners include notable companies such as Staples, Zipcar, Ben & Jerry's, Brooks Automation, Genzyme and iRobot, from industries such as technology, manufacturing, service (profit and non-profit) and retail/distribution. The annual awards program was launched in 1986.

For more information about Black Duck Software, visit http://blackducksoftware.com. For more information about SBANE and the 2011 New England Innovation Awards visit http://www.sbane.org/winners-of-2011-new-england-innovation-awards.

About Black Duck Software

Black Duck Software is the leading provider of strategy, products and services for automating the management, governance and secure use of open source software, at enterprise scale, in a multi-source development process. Black Duck enables companies to shorten time-to-solution and reduce development costs while mitigating the management, compliance and security challenges associated with open source software. Black Duck Software powers Koders.com, the industry's leading code search engine for open source, and Ohloh.net, the largest free public directory of open source software and a vibrant web community of free and open source software developers and users. Black Duck is among the 400 largest software companies in the world, according to Softwaremag.com. For more information, visit www.blackducksoftware.com.

About SBANE

The Smaller Business Association of New England, Inc. (SBANE), founded in 1938, is a private not-for-profit association of approximately 700 member companies located throughout the six-state region. SBANE was established to provide a legislative voice for small business at the state and federal levels and to make practical information available to help business owners grow their companies. SBANE runs diverse, educational programs each year and has active chapters in Massachusetts and Rhode Island. The membership is characterized by a high degree of participation, reflected in a large and dynamic committee structure, addressing a range of topics from international trade to human resources.

SOURCE Black Duck Software