You can read the full press release at
http://www.prweb.com/releases/2010/04/prweb3872834.htm

Or, here are the highlights.

Assembla.com, which has hosted subversion repositories for over 4 years, has
announced that they will begin offering free SVN repositories.  These
repositories are ...

- privately permissioned
- encrypted
- backed up
- have no user or project limits
- include up to 2 GB of storage space

Why are we doing this?

1) We love our users :)

2) We are confident that many svn users will eventually need tickets, bug
tracking or our other (subscription-based) hosted collaboration tools

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