Intellectual property outside U.S. calls for extra precaution.(Brief Article)

Piracy is on the rampage in many parts of the world. Regardless of their size, U.S. companies should take the right precautions to protect their most precious assets--their name, copyrights, patents and trademarks.

Foreign pirates are ready and waiting to take advantage of such intellectual property that many small and mid-sized businesses take for granted in the United States.

An estimated 90 percent of all business software in China is bootlegged, pirated copies.

In the Golden Arcade, a prominent bootleg marketplace in Hong Kong, Chinese-manufactured CD-ROMs allegedly sell for $7, yet they contain dozens of compressed software titles that would sell in the United States for thousands of dollars.

In …