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FOR IMMEDIATE RELEASE                                                                         

Crosscode Expands to Europe with New Office in Amsterdam

Simplifies Application Changes and Alleviates Regulatory Burdens

Amsterdam, Netherlands, September 4, 2019 – Crosscode,Inc, a software applications intelligence company that helps organizations manage software assets and accelerate modifications, today announced their newest office in Amsterdam. The news closely follows the opening of Crosscode’s NY office as the company continues to ramp up to meet the demand for their flagship Panoptics platform. The solution eases application changes for DevOps and IT Architects and helps organizations comply with a range of EU regulations.

European data and privacy laws have created a unique (IT) burden on a variety of industries. Between navigating stringent data management and security policies and ensuring smooth, uninterrupted operations, organizations can find the handling of application changes daunting. For industries like healthcare, finance, and telecommunications that deal with sensitive customer data, application modifications and management can be particularly challenging.

Crosscode Panoptics enables these organizations to understand and manage application changes while automating IT governance with Governance Operating System (GOeS) – a standard Panoptics component. The solution identifies application interdependencies at the code level, across languages and platforms, while ensuring the highest levels of security, confidentiality, accountability, data integrity, and traceability with an automated governance framework that enables businesses to manage decentralized data and infrastructure components.

“Companies around the world are modernizing to keep up with the digital transformation wave,” said Aditya Sharma, Founder, and CEO of Crosscode. “In this process, we want to make meeting the regulatory requirements outlined by the EU’s General Data Protection Regulation, as simple as possible. By having a physical presence in the region, we can better help our customers identify and minimize risks and vulnerabilities associated with software change.”

Panoptics reduces development costs, accelerates Time-to-Deployment, and enhances system reliability, by also automatically analyzing the impact and effort required for application changes.

The new office is located in Kraanspoor 50, 1033 SE, Amsterdam.

To learn more about Crosscode and the Panoptics solution, visit www.crosscode.com

About Crosscode:

Crosscode, Inc, is enabling businesses to innovate rapidly while keeping operations safe and manageable. Its Panoptics product helps companies visualize the interconnectedness of all their software assets, making it far easier to manage change and protect data from external attacks. For more information, please visit Crosscode.com.

Forward-Looking Statements:

Any statements in this release that are not historical facts may be considered to be “forward-looking statements.” Forward-looking statements are based on management’s current expectations and are subject to risks and uncertainties, which may cause results to differ materially and adversely from the statements contained herein. Such statements include, but are not limited to, statements regarding Crosscode’s expected use of the proceeds from the Series A financing round; the market opportunity for Crosscode’s products; and the business strategies and development plans of Crosscode. Some of the potential risks and uncertainties that could cause actual results to differ from those predicted include Crosscode’s ability to: make commercially available its products and technologies in a timely manner or at all; enter into other strategic alliances, including arrangements for the development and distribution of its products; obtain intellectual  property protection for its assets; accurately estimate its expenses and cash burn and raise additional funds when necessary. Undue reliance should not be placed on forward-looking statements, which speak only as of the date they are made. Except as required by law, Crosscode does not undertake any obligation to update any forward-looking statements to reflect new information, events or circumstances after the date they are made, or to reflect the occurrence of unanticipated events.

Media Contact

Brenda Barrioz

Crosscode

bbarrioz@crosscode.com

603.755.6939