The Pace iLok got a major update. Now able to hold over 500 licenses, the 2nd generation iLok let you take all of your software authorizations with you in a single memory-stick-sized USB device. What"s more, the 2nd generation iLok doesn"t have that obsolete License Card slot in it, so it"s small enough to fit side by side with another iLok or USB device. Got old licenses? Don"t worry, you can easily transfer them to your new iLok 2. But if you like keeping multiple iLoks around, you"ll love the label slot built into the 2nd generation iLok.