With Shared Serial Port you can:
Share one port for many applications
Shared Serial Ports creates any number of virtual copies of a real RS232 serial port and invisibly gives them the same names. For example, you share your COM1 port with Shared Serial Ports. Thus, you will have any number of COM1 ports in your system, which serve as common physical ports to all applications and ensure precise data transmission from a serial device to all applications.
Make several applications control shared serial port
Shared Serial Ports provides you with the ability to open one COM port by several applications. All of these applications are shown in the Applications list, where you can add/remove them and set specific access permissions, such as read, write and control. Read and write permissions are set by default, meaning that applications will be able to read from and write to real serial port, but will not be able to change its control lines states. By enabling control rights, you give the right to change control line states to the specified application.
Control serial port signal lines
Virtual ports, created by Shared Serial Ports emulate and support all hardware signal lines (DTR/DSR, RTS/CTS, RING, ERROR, DCD, etc.). As in real null-modem connection, DTR of the local port is connected to DSR and DCD of the remote port, and RTS of the local port is connected to CTS of the remote port.