As you may know, Google's Matt Cutts frequently answers questions from Google users on the Google
The second question is:
We sell a software product, and there are 100s of software download directories on the web of varying quality. Could submitting our product to all of them hurt our rankings or domain trust/authority?
Answering this question, Cutts makes it clear that they are only talking about a software product ( .exe file), and not a website. "If it's only a software product, then I wouldn't really worry about it," he says. It wouldn't hurt your website to have a link from those directories, he says.
If the directories are low quality, Google tries not to score them highly, but it doesn't hurt to have your software listed in them.
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