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Techjewel was founded by Alex Antich in 2001 with the goal of becoming a technology enabler for the jewelry industry. In particular, the company sought to apply CAD-CAM technologies to jewelry design and manufacturing. Their software, TechGems, was launched in that same year as a jewelry specific plug-in for the CAD software, Rhinoceros. The challenge was that it previously used Aladdin's HASP HL, however HASP was unable to protect DLL libraries programmed in .NET. Techjewel deployed SafeNet Sentinel Hardware Keys.
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