ST HELIER, Jersey, March 15, 2011 /PRNewswire/ -- CPA Global, the world's top intellectual property (IP) management specialist and leader in IP software solutions, has launched a new release of FoundationIP, the hosted solution for managing IP portfolios in corporations and law firms.

FoundationIP 4.2 includes a series of enhancements which provide improved efficiency and flexibility, and help mitigate risk. Key features include the ability to create data entries in one simple step (previously five steps), and to copy data stored in custom fields into new matters - thus saving time for users in updating matters and reducing the need to duplicate data entry.

Mark Wylde, CPA Global's Technology Services Director, said: "Helping our clients work better and more efficiently is at the heart of everything we do - and our software users are central to our product development work. Enhancements to FoundationIP and our other software solutions are based on the strong support from users and their valuable feedback through our Software Advisory Councils."

CPA Global has established separate Software Advisory Councils (SACs) for each of its three software solutions: FoundationIP, Memotech and Inprotech.

FoundationIP SAC member Emilie Benschoter, of Wagner Blecher, a Californian-based patent attorney firm, is very enthusiastic about the benefits of being involved in FoundationIP development. "Being a SAC member means Wagner Blecher has the opportunity to put forward suggestions for improvements which we have seen being implemented," she said. "SAC also facilitates networking between users, sharing best practice and ideas."

Benschoter added: "For Wagner Blecher, FoundationIP has made collaboration with clients easier, smoother and more reliable. When we speak internally about FoundationIP, we say 'just hit the easy button'; because, to us, that is what FoundationIP is - a user-friendly, straightforward solution to IP portfolio management."

FoundationIP 4.2 further enables consolidation and standardisation in managing IP portfolios, bringing a diverse range of work practices together and helping to facilitate collaboration between in-house counsel, staff and inventors.