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News & Press: Colorado Technology Industry

Colorado Technology Association Takes Stance Against SOPA/PIPA

Friday, January 20, 2012   (0 Comments)
Posted by: Catharine Lurie
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FOR IMMEDIATE RELEASE

Colorado Technology Association Takes Stance Against SOPA/PIPA
Bill threatens Colorado’s vibrant technology and software community

DENVER – January 20, 2012 – The recent measures to stop Protect IP Act (PIPA) in the Senate and the Stop Online Piracy Act (SOPA) is warranted according to the Colorado Technology Association. While the bills claim to protect against copyright violations and intellectual property theft, small technology companies as well as start-ups would find it hard to handle the costs associated with defending their sites against potential violations because of legal costs.

This could have a dampening impact on innovation, as companies are less likely to want to launch under such potential legally disastrous legislation. Bill originators say the bills protect our economy from foreign hackers, but Internet companies currently account for 21 percent of economic growth among developed countries according to the McKinsey Global Institute and technology is also one of the fastest growing industries in Colorado.

The Colorado Technology Association released the following statement on the Protect IP Act (PIPA) in the Senate and the Stop Online Piracy Act (SOPA) in the House:

"At its core, the Colorado Technology Association is about innovation and supporting Colorado’s innovators,” declared Steve Foster, President and CEO of the Colorado Technology Association. "In the name of protecting intellectual property, SOPA and PIPA may have gone too far and impacting the very innovators and innovations that make Colorado one of the most vibrant technology communities in the country. We encourage Colorado’s Congressional delegation to vote against both measures."



About Colorado Technology Association:

The Colorado Technology Association represents Colorado’s technology industry. The technology industry is one of the fastest growing in Colorado, ranked third in the nation in high-tech workers with more than 100,000 highly paid tech professionals. We also work nationally to ensure Colorado’s technology voice is heard, through TECNA, a coalition of technology associations across the United States and Canada, as well as with TechAmerica, the national lobbying organization for federal issues. Since 1994, Colorado Technology Association has been involved in legislative issues and public policy to represent the technology industry in Colorado, and provides more than 50 programs, events and connections to support this industry.For more information on Colorado Technology Association please call (303) 592-4070 or visit ColoradoTechnology.org.



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