Announcement of Technology Protection Slogan Celebrating 10,000 Records and Technology Deposits Achieved

‘Precious Technology, Safe Protection! Korea Technology Finance Corporation is with you’

The Korea Technology Finance Corporation (Kibo) recently secured its 10,000th technology escrow contract and on the 28th visited the 10,000th escrow company, I-One, to announce its technology protection slogan.

Since being designated as a technology escrow institution in January 2019, Kibo has established a comprehensive support system centered on the ‘TechSafe’ platform to protect the technologies of small and medium-sized venture companies, including ▲technology escrow (Technology Keeper) ▲TTRS (Evidence Keeper). By last year, it had secured a cumulative total of 8,066 escrow contracts and achieved 10,000 technology escrow contracts as of October this year.

Lee Sang-chang, Director of Kibo (fourth from the left), Shin Jung-woo, CEO of iOne (fifth from the left), and other attendees are posing for a commemorative photo.

Technology escrow is a system where small and medium enterprises deposit their technological and business trade secrets with Kibo, a government-designated technology escrow institution, to prevent leakage of these secrets and to prove ownership of the technology in case of disputes such as technology leakage in the future. Additionally, Kibo operates the TTRS system, which registers various unofficial materials to prevent technology theft that may occur during technology transactions, allowing these to be used as evidence in future legal disputes.

On this day, Kibo also announced the slogan reflecting its aspirations as a comprehensive technology protection institution: “Precious Technology, Safe Protection! Korea Technology Finance Corporation is with you.” Lee Sang-chang, a director at Kibo, stated, “Since the implementation of the technology escrow system, it has firmly established itself as a core system for protecting the technologies of small and medium venture companies,” adding, “Going forward, Kibo will further expand the technology escrow system as a reliable means of protecting the R&D achievements and trade secrets of technology companies, and take the lead in eradicating technology theft as a comprehensive technology protection support institution.”

This content was produced with the assistance of AI translation services.