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Home | Top News | Zix Corporation Sees Encryption Demand Soar

Zix Corporation Sees Encryption Demand Soar

07 April, 2010 02:44:00 Justin Kuepper
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Zix Corporation (ZIXI) reported strong demand for its e-mail encryption software during the first quarter of 2010, with $2.2 million in new orders and a 93% renewal rate. The 195% increase over the comparable quarter in 2009 led investors to push shares higher in pre-market hours.

“ZixCorp built on the strong momentum from year-end with another excellent quarter in its e-mail encryption business,” said Chairman and CEO Rick Spurr. “Given the year-end push we saw in the fourth quarter, we’re particularly pleased with the high sustained level of demand.

“With more companies looking to obtain e-mail encryption capabilities, ZixCorp distinguishes itself for the rest of the industry with our easy-to-deploy and maintain Software as a Service (SaaS) architecture.”

Zix Corporation is the market leader for e-mail encryption services offering automated key management “in the cloud” for all customers, resulting in a scalable, reliable, easy-to-use, and simple-to-administer solution.

Meanwhile, the company maintains the largest e-mail encryption directory in the world, enabling seamless and secure communication among some 20,624,591 members. These customers include names like the FDIC, M&I Bank and Blue Cross.

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