Forgent Networks

Asure Software (NASDAQ: ASUR) is a software company which has licensing as its primary revenue source. Prior to September 13, 2007, the company was known as Forgent Networks. Critics claim Asure profits primarily as a patent troll. It also has a software division, NetSimplicity, which specializes in room scheduling and fixed assets management software. Effective September 13, 2007, Forgent acquired iEmployee. In 2002, while known as Forgent, the company claimed that through its subsidiary, Compression Labs, it owned the patent rights on the JPEG image compression standard (U.S. Patent 4,698,672), which is widely used on the World Wide Web. Critics claim that the legal principle of laches, not asserting your rights in a timely manner,...