CodeProtect Tailor 2.0   
by PhpTailor   

CodeProtect Tailor is the ultimate solution to protect your intellectual property.

It encodes your PHP source code into a special kind of bytecode (PT-ByteCode) so nobody can steal it. CodeProtect Tailor works as a PHP Extension providing new PHP functionnality ("phptailor_loadfile", which works as a regular PHP function just like "echo()") loading the compiled/encrypted PHP code and executing it. It sets free the programmer from the fear to get his/her code stolen.

CodeProtect Tailor consists of two parts: The encoder and the loader.
Encoder compiles your PHP source code into a binary state whereas the loader working as a PHP extension reloads and executes it at the runtime, at a lower state.