Sassafras Software has upgraded K2 — KeyAuditor & KeyServer, to version 7.0, which adds purchase histories and product recognition to K2’s usage tracking, hardware and software auditing, and active license management.

Now software licensing administrators can track license entitlements, proofs of purchase, and current entitlement position, then reconcile them against active management policies. K2’s new purchase tracking feature includes detailed information about software license entitlements along with storage for contracts and proof-of-purchase documentation.

Elements include license term, license metric, product version upgrade rights, dependencies, entitlement allocations through the upgrade chain, support contracts, expiration dates, cost center reporting, and more. K2’s entitlement histories are automatically reconciled to provide a view of an organization’s current entitlement position, which is balanced against current license management policies.

K2 7.0 is now shipping. Customers who purchased K2 after Sept. 1, 2011, and customers with a current Upgrade Subscription Plan, will receive K2 version 7.0 at no charge. Pricing is based on the number of client devices placed under K2 management.

K2 is licensed as a complete package including all components and technical support at no additional charge. Upgrade costs for customers without an Upgrade Subscription Plan are computed based on the size of each K2 installation and its last purchase date. Discounts are available for academic and non-profit organizations. For more info go to .