Leon,

This was discussed on this list at length, ending about a week or so 
ago. Please look in the archives for it. There was a lot of detail which 
may be useful to you. Basically the consenus answer was no.

Regards

Chris

Leon Mergen wrote:

>Hello,
>
>I'm currently camping with a problem... I have written a PHP application for
>a client of mine, however, I do not want have him seeing the source code. I
>know Zend has the Zend Encoder, however, this piece of software costs $2400
>



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