SAN ANTONIO--GlobalSCAPE, Inc. (NYSE Amex:
GSB), a leading developer of secure
information exchange solutions, today announced it has received another
multi-million dollar order from the U.S. Army for Secure FTP Server™ and
CuteFTP®. The $2.7 million order includes new product licenses as well
as 36 months of associated maintenance and support services. GlobalSCAPE
previously announced substantial orders from the Army in September 2005
and May 2007.
The Army has deployed GlobalSCAPE's secure file transfer solutions since
2005 as part of the Single Army Logistics Enterprise (SALE). SALE is an
Army initiative focused on upgrading the information technology that
tracks personnel, equipment, munitions, and other supplies throughout
the worldwide logistics pipeline. The Army programs within SALE deliver
a fully integrated IT environment that establishes, sustains, and
generates warfighting capability, including integration with the other
military branches.
"We are very pleased to continue supporting the Army in delivering the
secure information exchange solutions necessary to enable their
mission-critical logistics systems," stated Jim Morris, GlobalSCAPE
President and CEO. "GlobalSCAPE's role in developing and sustaining
market-leading solutions that deliver distinct information advantages to
our government and commercial customers is something we take very
seriously. This is our third substantial contract award with the Army
and further validates our business strategy to pursue the difficult
software certifications and validations necessary to compete
successfully in the government sector and within regulated commercial
industries."
This most recent Army order builds on GlobalSCAPE's previously announced
Certificate of Networthiness (CoN) from the U.S. Army Network Technology
Command and Federal Information Processing Standards (FIPS) 140-2
validation. The CoN, announced in November 2008, enables Army
installations worldwide to install and operate Secure FTP Server FIPS
version 3 and CuteFTP Pro version 8. The FIPS 140-2 validation,
announced in February 2008, is required by most government departments,
including the Department of Defense, to protect the integrity of files
that cross their networks. Similarly, companies in the healthcare,
financial and manufacturing markets are under pressure to ensure that
critical information is secure in transit and at rest.
GlobalSCAPE leveraged its partnership with Carahsoft, and their GSA
Schedule, to streamline the Army procurement process and obtain the
contract award. "Carahsoft is a $300 million company that is on a fast
growth track in developing government business," continued Morris. "We
look forward to working with them as we continue to grow our government
business within the Army and other national security departments, as
well as within other federal agencies."
About GlobalSCAPE
GlobalSCAPE, Inc. (NYSE Amex: GSB), headquartered in San Antonio, TX, is
a global provider of managed file transfer (MFT) solutions for securely
exchanging critical information over the Internet, within an enterprise,
or to business partners. Since the release of CuteFTP in 1996,
GlobalSCAPE's solutions have continued to evolve to meet the business
and technology needs of an increasingly interconnected global
marketplace. For more information about GlobalSCAPE's products, visit
www.globalscape.com.
Safe Harbor Statement
This press release contains forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933 and Section 21E of
the Securities Exchange Act of 1934. The words "would," "exceed,"
"should," "anticipates," believe," "steady," "dramatic," and variations
of such words and similar expressions identify forward-looking
statements, but their absence does not mean that a statement is not a
forward-looking statement. These forward-looking statements are based
upon the Company's current expectations and are subject to a number of
risks, uncertainties and assumptions. The Company undertakes no
obligation to update any forward-looking statements, whether as a result
of new information, future events or otherwise. Among the important
factors that could cause actual results to differ significantly from
those expressed or implied by such forward-looking statements are risks
that are detailed in the Company's Annual Report on Form 10-K for the
2008 calendar year, filed with the Securities and Exchange Commission on
March 31, 2009.
